Property Registration cost

Q & A ForumCategory: Real EstateProperty Registration cost
tsprabhukumar asked 10 years ago
I am planning to buy a villa in bangalore.The owner has sent me the Absolute sale deed . In this  there are 2 parties. 1.Vendors (bhgayshree developers) 2. In favour of (owners name Ex: Srinivas) Now what would be the guidance value of the villa ? The villa is located in ward numer 6 (Thanisandra ). It is a converted layout. With recent changes to the registration charges and what will be the stamp duty and registration cost if we are going for  a sale value of Rs 45,00,000. Please advise.
1 Answers
Sreekanth Staff answered 10 years ago
Hi, Guidance Value - You may check with builder or the prospective seller. You may also visit nearest Registration ofice (SRO) and find out the value. (Or) Visit this link Karnataka Dept of Stamps & Registration... The stamp duty + Registration cost is around 6% of the Registered value.
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