IS Registration charges Increasing in Bangalore ?

Q: Hi,

I came to know 4m my builder that registration charges are going to increase in recent future in bangalore,he asked me to register it soon. so is there any news like this?
Pls share if anybody is having any input on this. i purchased a property in Hosa road.so should i go ahead to register it immediately ?

Ashesh,

1st June 2014

Buying property in Hosa Road, Bangalore

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Replies (4)

I am planning to buy a property in Bangalore and I want to know the process of registration?

Harsha Mahipal , Bangalore

23rd February 2015

Comment

Registration is the process of recording the documents with a registering officer and it is the last stage of the agreement between the seller and buyer of the property. After that the buyer will be the legal owner of the property.

Anusha, Bangalore

23rd February 2015

Hi Everyone!!! The stamp duty is 5% and registrations in 1%. There is a very good article written, you can read the article by clicking on this link: Stamp Duty and Registration Fee in States

Promit C, Bangalore

2nd June 2014

Comment

a good article,Ms. Bhavya you need to check this out

Sankalp sharma,

3rd June 2014

Isn' t it dependant on the construction cost? I was advised the following:
Stamp Duty - 5%
Registration - 1%

Hence, if the per sqft rates increase, so will your registration & stamp duty costs.

Please correct me if I'm wrong.

Bhavya, Apartment Resident

1st June 2014

Comment

this is common , the initial registration is always less and they will increase gradually if the project is going good, but if at the same time if its going slow they will not increase..

Sankalp sharma,

1st June 2014

Comment