{"id":46366,"date":"2022-01-04T12:53:12","date_gmt":"2022-01-04T07:23:12","guid":{"rendered":"https:\/\/www.squareyards.com\/blog\/?p=46366"},"modified":"2025-01-29T16:51:21","modified_gmt":"2025-01-29T11:21:21","slug":"stamp-duty-and-registration-charges-in-bangalore","status":"publish","type":"post","link":"https:\/\/www.squareyards.com\/blog\/stamp-duty-and-registration-charges-in-bangalore","title":{"rendered":"Stamp Duty and Registration Charges in Bangalore"},"content":{"rendered":"

Stamp duty and registration charges in Bangalore are the two vital parts of the property transaction in the city of Bangalore. Like in any other metropolitan city in India, the property buyers in Bangalore are also required to pay stamp duty for getting their names registered under the government records.\u00a0<\/span><\/p>\r\n

Stamp duty in Bangalore is affixed to the most important document that provides legal standing to your property. The duty paid goes to the government as revenue. There is a method of calculating stamp duty which is charged on the saleable portion of a property. It is computed by multiplying the property\u2019s dimension with the market value or guidance value. Other charges such as parking, floor rise, and preferential location charge are also incorporated into the calculation of total value.\u00a0<\/span><\/p>\r\n

Value of sale = Basic cost + Parking charge + Floor rise + Locational advantage charge<\/span><\/p>\r\n

Registration charges = 1% of the saleable value.<\/span><\/p>\r\n

Factors Affecting Stamp Duty in Bangalore during 2021<\/h2>\r\n

It is compulsory for every individual to make payment for stamp duty. It is done for settling one\u2019s property ownership.\u00a0<\/span><\/p>\r\n

Factors that affect stamp duty charges in Bangalore during 2021 are as follows:<\/span><\/p>\r\n