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Property registration rate in Bangalore

Q: Hello, I need help on property registration rate in Bangalore. I am getting conflicting messages. Somebody says it is 6.7%. Somebody says its 6.7% for stamp duty and then, additional 1% for registration. Somebody also says there is additional 1% TDS too. I want to know what is exact rate.
Replies (3)
1
I had decided to purchase a second hand property from one of my acquaintance. I wanted help in the entire sale agreement drafting to the property registration at sub-registrar's office. I availed the end to end legal assistance for property registration from ZippServ. The property lawyer helped me understand the process step by step and explained the charges involved. I had to uploaded the documents through their order page and the lawyer drafted the sale agreement and sent it for my review. Once I approved it, he got the sale agreement franked. The franked sale agreement was delivered to my door-step. The registration process went equally smoothly & I spent less than an hour in the sub-registrar's office. Take a look at this - https://www.zippserv.com/property-lawyer/property-resale-package-bangalore.html
Sharath C


2
Hey Biren, There is a well researched article written on stamp duty and registrations, you can click on the link to read the article Bangalore: Stamp Duty & Registration Charges
Monica


3
In Bangalore, there are different classification of buildings based on which the parameters used to calculate the stamp duty and registration charges also differ.

In case of multi-storeyed apartments, the super built up area is used for calculating the stamp duty and registration charges. For plots, the square feet area of the plot is multiplied by the guideline value of the area, and in case of independent houses, the total constructed area is considered for calculating the total property value.
Roshan Singh


4

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