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Alok Choudhary (Management Trainee)     21 October 2020

stamp duty and registration

stamp duty and registration of 5.6+1% in Bangalore....the builder had just given me the value which is more then consideration value for calculating stamp dute...is it right??


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 8 Replies

kavksatyanarayana (subregistrar/supdt.(retired))     21 October 2020

The Stamp duty and Registration fee will be collected on the Market Value (government value) of the property or consideration whichever is higher.  So obtain market value from the Sub Registrar concerned or search in kaverionline.karnataka.gov.in.

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Alok Choudhary (Management Trainee)     22 October 2020

thank u so much

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 )     22 October 2020

 In most states in India, 5% to 7% of the total market value of the property is charged as stamp duty while 1% is charged as registration fee.

Alok Choudhary (Management Trainee)     22 October 2020

dear sir, i am unable to find in kaverionline.karnataka.gov.in the valuation guideline amount...plz sir if possible suggest. the project name in Marvel Sequoia in Whitefield 560067 bangalore..

Adv Vinay Mathur + 8447131770 (Advocate)     22 October 2020

5% on properties above Rs 35 lakh

3% on properties between Rs 21-35 lakh

2% on properties less than Rs 20 lakh

plus 1% as above

Alok Choudhary (Management Trainee)     22 October 2020

hi sir need government guidence value of that place..

Adv Vinay Mathur + 8447131770 (Advocate)     22 October 2020

You can find it out from any property dealer of your area about the minimum reserve price for your property.

Dr J C Vashista (Advocate)     23 October 2020

Stamp duty and registration charges are a State subject, consult concerned Sub-Registrar / local lawyer .


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