The stamp duty is payable to the sub registrar of the area in order to get the house registered in the buyer's name in government records, while registration charges are over and above stamp duty charges. The stamp duty and registration charges are decided by the state governments only. Each state will have different stamp duty and property registration charges. When it comes to Bangalore, I am sure you are curious to know what are the property registration charges in Bangalore. I can help you know about them here.
Flat registration charges in BangaloreThe house registration charges in Bangalore are calculated at 1% of the property value, whereas the stamp duty charges differ.
Less than Rs. 20 lakhs - 2%
Rs. 21 - 45 lakhs - 3%
Above Rs. 45 lakhs - 5%
The factors that affect home registration charges in Bangalore along with stamp duty are as follows:
Cost of the property
Type of property
Property location
Gender
Property usage
Number of floors in the property
I hope now you know what the property registration charges in Bangalore are.
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Authors Of The Question
What are current registration charges in Bangalore for houses?
Anirudh
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3 Year
2021-10-24T10:17:46+00:00 2021-10-24T10:21:43+00:00Comment
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