How much stamp paper do I need to buy for a rental agreement in Hyderabad for a flat that costs Rs. 16,000 per month?

The stamp duty for a rental agreement in Hyderabad is calculated based on the annual rent. For a monthly rent of Rs. 16,000, the annual rent is Rs. 192,000. You will need to buy stamp paper worth 1% of the annual rent, which is Rs. 1920.