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Real Estate Forum on Mysore Property Exhange Legal

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Q: Hi. I am new to Mysore, and was looking to buy a plot. Someone mentioned an exchange deed. Does anyone here know what it is?


Latest Answer: There is a general format which the Karnataka State Government has devised to inform the public of the stamp duty and registration fee involved in a exchange deed. 8% stamp duty towards the government on the market value of the property + 5% additional duty + 2% additional stamp duty if the property lies within the limits of the Municipal Corporation+1% registration fee.
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