Hi All, I want know about the registration process in bangalore rural Area for sarjapur road
Q: I want to know , what will be the stamp duty for 32 Lacs apartment which resides under Gram Panchayat limit. In Sarjapur road. I have received the property papers on 3 rupees stamp paper. & the builder told that now the rule has been changed.
As far as I know, buyers have to pay 5.6 per cent stamp duty in urban areas and 5.65 per cent in rural areas as the surcharge in such areas is 3 per cent. On the other hand, the registration charges are 1 per cent of the total or registered property value. I do not think there is a revision in the stamp duty.