All about property registration in Bangalore

All about property registration in Bangalore

Owning a home that you can call your own is the best feeling in the world. Be it a plot or a home, buying your property gives you a good feeling. However, the process of buying a property is important because of the requirements that come with it. One of the most important procedures when buying a home or other property is the registration process. You must know that the house registration process is a legal process, thus to avoid any issues, you must always work with professionals.

Property Registration in Bangalore- An Overview

The registration of the property is the final document or agreement that will make your property yours. This document is signed by the two parties that are involved in the property deal means the buyer and the seller. The Registration Act, of 1908 governs property registration in India. 

A registered property indicates that the buyer has legal ownership of it and is accountable for it. For the flat registration process in Bangalore, the entire process will be completed at the sub-registrar office.

What would happen if you don’t register your property?

•  Property registration is important to do because, without it, you risk losing ownership of your property.
•  An unregistered property has no legal validity.
• Anybody can file a lawsuit about the property, even if you purchased it and have all the other paperwork. This can happen if you do not have the registration documentation.
•  In any court proceeding, unregistered property cannot be submitted as evidence.
•  When you register your property, you get the title of possession. Also, you can legally claim full and valid ownership of the asset.

 Steps to register a property in Bangalore

In Bangalore, you have the option to register your property either offline or online. Registering your property can be a stressful and confusing process. This is a detailed guide of steps that will help you go through the online property registration process.

Online registration

Step 1: Register as a new user

Navigate to the official website- kaverionline.karnataka.gov.in to register as a new user. Now, create an account and mention all the required details. If you already have an account on this website, you just need to log in with your credentials.

Step 2: Register the documents

Once you have created the account, tap on the ‘document registration’ link. Here, you need to enter details of the date of execution of the sale deed, and the number of parties and then save all the information.

Step 3: Provide details of witnesses and Sale Deed

For property registration, you can seek the help of an executor or an attorney as they can prepare the Sale Deed. Mention the details of the buyer, witnesses, and seller.

Step 4: Select the property type

Before selecting the property type, you must choose the identification proof. This proof will be presented by the witnesses and the parties.

The next step is to choose the type of property for which you want to do registration. You can also land online registration through this website. You can choose the property type from agricultural or non-agricultural land, revenue district, residential or commercial,  registration district, and nearest SRO office.

Step 6: Evaluate the stamp duty

You will now need to calculate the stamp duty for Karnataka land registration. Next, make sure to upload other important documents such as the sale deed, and address proofs No Objection Certificates (NOCs).

Step 7: Make the payment

Your site registration process in Karnataka also includes the payment details. Then, make sure to enter the information bank challan number, the challan date, and the banker’s check number.

Step 9: Book the appointment

You now need to schedule an appointment for registration of the sale deed. For this, you just need to visit the Sub-Registrar’s office at the scheduled time. You must bring all your supporting documents.

Offline registration of property in Bangalore

This method of property registration requires more time than the online one. This is because it requires you to visit the sub-registrar office in Bangalore of the area where your property is located. It also requires you to provide the necessary documentation, bring two witnesses, and have the buyer and seller sign the registration document.

After paying the registration fee and stamp duty, you will be given a specific time to collect the site registration documents. All these steps in the offline method will require your time and patience so many people prefer registering the property via the online method.

What is The Cost to Register Your Property in Bangalore?

What are the registration charges for a flat in Bangalore?

Well, this is a common question that most property owners have to ask. To register a property in Bangalore, the property owner needs to pay the registration fee, stamp duty, and challan charge. On top of this, there are other fees that you must pay. In Bangalore, registration costs for properties are 1 percent of the property value.

Apart from this, there are so many additional charges also that a property owner will have to pay. These are BBMP and corporate surcharges, BMRDA and surcharges, and BBMP. Let’s check a breakup of flat and plot registration charges in Bangalore here.

Registration charges for Bangalore in 2024

Property cost	Registration fee
If the property is above Rs 45 lakh	1%
When the property is between Rs 21 lakh and Rs 45 lakh	1%
When the property is up to Rs 20 lakh	1%

  Stamp duty for men in Bangalore 2024

Property cost	Stamp duty for men
Property above Rs 45 lakh to crore	5%
Property between Rs 21 lakh and Rs 45 lakh	3%
Property up to Rs 20 lakh	2%

 Stamp duty for joint owners/women in Bangalore 2024

Condition	Stamp duty rate in Bangalore	Registration charges in Bangalore
If a man, woman, or joint owners buy the property.	property of up to Rs 45 lakh-3% Property less than Rs 20 lakh-2%	1% of the property value

How long does it take to register a property in Bangalore?

The process of Bangalore property registration takes around 5 to 14 days. This also depends on the documents that you have submitted. It is important to carry all the required documents and their copies when visiting the Koramangala sub- registrar office in Karnataka.

Documents to carry for property registration in Bangalore

There are six crucial documents that you need to carry to the sub-registrar’s office. If your property is in the jurisdiction of gram panchayats, Bruhat Bengaluru Mahanagara Palike (BBMP), municipalities, town panchayats, or any corporation in the state, you must have these documents:

•   Affidavit
•   Khata certificate and tax determination receipts. These are mainly issued by BBMP or corporations.
•  In case a property is on converted land, carry your conversion certificate or sanction plan.
•  You also need to carry your title deed, allotment order, possession certificate, or sales document. (In case property is given by the State)
•   When the value of the property exceeds Rs 5 lakh, carry PAN issued by the Income Tax Department or Form 60 and 61.
•   As per the Karnataka Stamp Rules 1977, a declaration in Form 1.

It is always confusing for a property owner to gather all the documents for registration. So, this makes them ask how to get house registration documents. These given documents are important that you will get from BBMP, the builder, and the registrar’s office. You also need to visit the online Kaveri portal to gather more details.

Conclusion

The registration fees dramatically increase the overall cost of buying a home, especially in places like Bangalore where real estate prices are already expensive. Thus, it is essential to understand the registration and other fees before the registration process.