WebJul 19, 2016 · Hi, I am trying to buy a flat in Banglore urban area, which is approx 10-13 year old. its guidance value is coming around 47Lacs, considering the fact its 10-13 year old flat, is it legal to buy this property less than guidance value and if yes, how will be the impact on registration and what and all the process involved in further steps. WebJun 11, 2024 · Hidden Charges: The price that is quoted is normally the base price of the flats for sale in Bangalore and added to that there are other charges like GST, registration charges, stamp duty, home loan processing fees, maintenance charges, etc. which should also be kept in mind and asked before signing the dotted line ensuring that no other …
How to Save Stamp Duty & Registration Charges - Nitin Bhatia
WebNov 22, 2024 · Flats costing less than Rs 20 lakh will have 2% registration fee and for flats valued between Rs 20 lakh and Rs 35 lakh, it will be 3%. Earlier, the registration fee was 5% on apartments ... WebIf you are in Bangalore, the load are calculated based at that rules of the stamp duty in Karnataka. Supposing you alive in Karnataka and you are looking to buy a property, read this blog to know more about stamps obligation and registration charges in Kannada 2024. two aims of caricom
Stamp Duty, Registration charges for Flats, Land and Property in Bangalore
WebAll about Stamp Duty and Registration Charges: Stamp Duty and Registration Charges in Bangalore are two crucial things you should know while you wish to buy a flat/apartment in Bangalore and applying for a home loan. So, if you are planning to buy a property in Bangalore and have a set budget for the same then you must consider these two charges … WebRegistration Charges are over & above Stamp Duty and is levied @ 1% of Total Property Value as per sale deed. Now lets understand how to save stamp duty and Registration charges with the help of following example. Mr A is buying a 1000 sq ft flat in Delhi for Rs 1 Cr. Here 1 Cr is Market value of the flat. WebAnswer: Flat registration cost is a decided % of the sale value by the government. As per the law of the land, you are supposed to declare the full value and pay it. Only people with some unaccounted money do registration at a lower value. Still government guidance value has to be shown. If you... tale of berseria