Stamp Duty and Registration charges of property in Bangalore are auto-calculated on Kaveri Online Services
When we submit an application on Kaveri Online Services for property registration, your Stamp Duty and Registration charges are auto-calculated based on the consideration amount or guidance value, whichever is higher
Below is the calculation formula.
- Stamp duty: 5% of consideration amount
- Surcharge: 0.1% of consideration amount
- Cess Value: 0.5% of consideration amount
- Total Stamp Duty = stamp duty + Surcharge + Cess value
- Total Registration Fees: 2% of consideration amount
Using the above formula, we made a mock calculation based on my consideration price of Rs. 83 lakh.
- Stamp duty: 5% of consideration amount - Rs. 83,00,000 X5% = 4,15,000/-
- Surcharge: 0.1% of consideration amount - Rs.83,00,000 X 1% = 8,300/-
- Cess Value: 0.5% of consideration amount - Rs. 83,00,000 X0.5% =41,500/-
- Total Stamp Duty is Rs. 4,15,000+8300+14500 = 4,64,800/-
- Total Registration Fees: 2% of consideration amount - Rs.83,00,000 X 2% = 1,66,000/-
Additional information:
At the time of sale deed registration, you can offset the Stamp Duty paid for Sale Agreement that 0.5% in the Sale Deed Registration
We provide end-to-end assistance for sale agreement and sale deed registration. To opt for our service, please write to us pgnproperties@gmail.com or WhatsApp to +91 - 97424 79020.
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