Conveyance deed is nothing but Transfer of land Title from Builders Or Developers name to Society’s name
Suppose the Building or Tower consists of 75 Flats & Each flat is worth about 1 Crore
Therefore the total cost of the Building is 75 Crore (75 x 1,00,00,000) = 75,00,000,00/- i.e. Seventy Five Crores
Stamp Duty is 6%
Therefore Stamp Duty for 75,00,000,00 is 6% of 75 Crore = 45,000,000/- i.e Four Crore Fifty Lakh
Lets Consider the land cost is 30,00,000,00 i.e 30 Crore
Now the stamp duty for 30,00,000,00 is 6% = 18,000,000 i.e One Crore Eighty Lakh
Now to Calculate the Stamp Duty let’s adjust the Stamp duty value of Land & Flats
i.e 45,000,000 – 18,000,000 = 27,000,000
Therefore in this case Stamp Duty require for the Conveyance Deed is Two Crore Seventy Lakh Rupees