Bhubaneswar: The Odisha government has promulgated the Indian Stamp (Odisha Amendment) Ordinance, 2026, introducing major changes to simplify the apartment registration process and reduce the financial burden on homebuyers across the state.
The ordinance, published in an extraordinary issue of the Odisha Gazette on Thursday, came into immediate effect following its promulgation by the governor of Odisha on May 12 under Article 213 of the Constitution, as the State Legislative Assembly was not in session.
Under the amended provisions of the Indian Stamp Act, 1899, a uniform 5% stamp duty will now apply to the registration of individual apartment units, including the corresponding undivided share in common areas and facilities, according to the Revenue & Disaster Management Department.
The revised framework replaces the earlier multiple stamp duty slabs of 3%, 4%, and 5% with a simplified single-rate structure aimed at streamlining property transactions.
In another key change, Associations of Allottees will now have to pay only a nominal Rs 50,000 stamp duty for the transfer of common areas and facilities from promoters.
Officials said the amendment is expected to bring greater clarity, uniformity, and transparency to apartment registrations while reducing procedural complexity for buyers and housing associations.
The ordinance further provides that when a promoter executes the deed of transfer of an apartment along with its proportionate share in common areas in favour of an allottee or transferee under an agreement for sale, the applicable stamp duty will remain fixed at 5% of the transaction amount.
The state government said the move is part of broader efforts to simplify urban property registration mechanisms and improve ease of doing business in the real estate sector.
