Stamp duty and registration charges in Bangalore, Karnataka

Stamp duty is the legal fee that a buyer pays to the sub-registrar of the area where the property is located to get the property registered in government records. Stamp duty is a levy decided by state governments. How much money you will have to pay as stamp duty and registration charge in Karnataka in 2023 if you are buying a property in cities like Bangalore and Mangalore?

Stamp duty in Bangalore/ Karnataka 2023

Property cost
Stamp duty for men

Property above Rs 45 lakh
5%

Property between Rs 21 lakh and Rs 45 lakh
3%

Property up to Rs 20 lakh
2%

Stamp duty for women in Bangalore/Karnataka 2023

Case
Stamp duty rate in Karnataka

Registration charges in Bangalore/ Karnataka

When a man, woman or joint owners (regardless of gender) buy the property
3% on properties of up to Rs 45 lakh

2% on properties less than Rs 20 lakh

1% of the property value

Registration charges in Bangalore/ Karnataka 2023

Property cost
Registration charge 

Property above Rs 45 lakh
1%

Property between Rs 21 lakh and Rs 45 lakh
1%

Property up to Rs 20 lakh
1%

See also: All about gift deed stamp duty

Surcharge on stamp duty in Bangalore/Karnataka

Besides stamp duty in Karnataka, you will have to reserve a budget for the cess and surcharge as part of the property registration charges in Bangalore and other cities within the state. For properties priced above Rs 35 lakh, a cess of 10% and a surcharge of 2% are applicable. This is in the case of urban areas. So, effectively, you will be paying 5.6% as stamp duty. In the case of rural areas, a home buyer pays 5.65% as the stamp duty, because the surcharge is 3%.

See also: All you need to know about Kaveri Online Services

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How to calculate Bangalore stamp duty?

Step 1: Simply log on to the Kaveri Online Services website or click here to be directed to the page.

Step 2: The Karnataka stamp duty calculator has certain prerequisites. Fill in the nature of the document and proceed. In this case, we have selected ‘sale of flat’ as the nature of the document.

Step 3: You will be asked to fill in property details such as region type – whether BBMP, city corporation, municipal corporation, town panchayat, gram panchayat, or others. You can choose this from the drop-down menu.

Other details to be included are the indicative market value and the indicative consideration amount. What is the indicative consideration amount? To arrive at the stamp duty rates and charges, the market value is the value as worked out as per the consideration (or ready reckoner, or stamp duty) mentioned in the document, whichever is higher. If the consideration value is higher, this will be taken into account to calculate stamp duty.

If you are unaware of the market value, you can also calculate it at this stage using the calculator provided. Simply click on ‘Calculate market value’ to proceed.

Once you have filled in the details, the calculator will show you the indicative stamp duty charges, surcharge, cess, total stamp duty and total registration fees for your property.

See also: All about IGR Maharashtra online search

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Bangalore stamp duty laws

Under the Indian Constitution, land is a state subject. This means on all immovable property, states have the authority to make laws, impose taxes and collect them accordingly. While the authority to make land registration-related rules and levy land registration charges broadly lies with the state’s revenue departments, city administrations act as their representatives in different districts. The inspector-general of stamps and revenue (IGRS) is the authority that collects stamp duty and registration charges on behalf of the state.

Now suppose you are purchasing land in Bangalore. In this case, you will be making the application for land registration with the IGRS Karnataka and paying it the stamp duty and registration charges on the purchases through the sub-registrar office of the area concerned.

Type of property and area taken into consideration to calculate stamp duty

Property type
Area taken for calculation purposes

Multi-storey apartments
Super built-up area

Plots
Sq ft area of plot multiplied by current guideline value

Independent houses
Total constructed area

Also read all about Karnataka’s Rajiv Gandhi Vasati Yojana

Factors involved in stamp duty charges

Factor
How it impacts

Age of the property
Older properties are cheaper

Age of the buyer
Senior citizens need to pay lower stamp duty

Gender of owner
In most states, women pay lower stamp duty. In Bangalore, rates are the same for both men and women.

Nature of property
Higher stamp duty for commercial properties.

Location of property
Properties in urban areas command higher stamp duty

Amenities and services
More amenities mean higher stamp duty.

Note that there are many factors that determine stamp duty charges. These also impact the house or flat registration charges in Bangalore and other cities, which homebuyers need to consider.

Check out price trends in Bangalore

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