Can the stamp duty be paid in installments or in one lump sum?

The payment of stamp duty can vary depending on the regulations of the respective state in India. In some states, it is possible to pay stamp duty in installments, while in others, it may be required to be paid in one lump sum at the time of property registration or execution of the agreement.

To determine the specific payment options for stamp duty, it is advisable to refer to the stamp duty regulations of the state where the property is located. The concerned state's registration department or revenue department can provide accurate and uptodate information on the payment methods and timelines applicable to stamp duty.

In states where installment payments are allowed, the payment schedule and terms may vary. It is important to adhere to the prescribed payment schedule and ensure timely payment of the stamp duty installments to avoid penalties or delays in property registration.

It is recommended to consult a legal professional or seek guidance from the relevant state authorities to understand the specific requirements and options for stamp duty payment in the respective state. They can provide the most accurate and uptodate information based on the prevailing regulations.