I was about to purchase a resale property, but I didn’t know about the registration charges. To learn about them, I called my uncle and asked him about the registration charges for resale flat in Bangalore. Here is what he told me.
What are the Registration Charges in Bangalore for Resale Apartments?
He told me that registration charges are 1 percent of the property value. Following that he provided me with the below table.
Gender | Stamp Duty Rates | Resale Flat Registration Charges in Bangalore |
Male |
5 percent on properties above Rs 45 lakh 3 percent on properties between Rs 21-45 lakh 2 percent on properties less than Rs 20 lakh |
1 percent of the property value |
Female |
5 percent on properties above Rs 45 lakh 3 percent on properties between Rs 21-45 lakh 2 percent on properties less than Rs 20 lakh |
1 percent of the property value |
Joint |
5 percent on properties above Rs 45 lakh 3 percent on properties between Rs 21-45 lakh 2 percent on properties less than Rs 20 lakh |
1 percent of the property value |
This is what my friend told me when I asked him about registration charges for resale flat in Bangalore. I hope this information about the registration charges will be of help to you.
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What is the Registration Charges for Resale Flat in Bangalore?
Rajiv
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2024-06-30T09:52:21+00:00 2024-06-30T09:52:23+00:00Comment
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