The stamp duty and registration charges in Bangalore are mentioned below: Let us say that a plot in a urban area in Bangalore costs Rs.5, per square feet . I did not hear any news about this, so can anyone tell me if there are any news about the same and any dates mentioned? cost. edocki.infooremirror. com/bangalore/others/Guidance-value-to-be-revised/articleshow/cms The registration charges remain same only the guidance value is. Boilers, Industrial Safety and Health, has brought out a revised compendium in the form Bangalore – Phone No. To register all the factories falling under the purview of the Act; .. Land or site possession certificate;. 4. . Scale of Fees Payable for Licence and Annual Renewal of licence by Factories. Quantity.
Property registration, bus travel will cost more soon | Bengaluru News - Times of India
The saleable value of the property is equivalent to the size of the property multiplied by the guidance value. The stamp duty is 5.
Sample Site Registration Fees in Bangalore If you are registering a property which measures square feet and whose guidance value is Rs. Above is just a sample site registration fees, these charges may vary if the government changes the Stamp duty rates.
Stamp duty payment collected while Registering a Site Karnataka State department of Stamp duty and Registration is responsible for a collection of stamp duty and registration charges in Bangalore. You can pay stamp duty in various ways. It can be paid by purchasing stamps from the vendors or from the treasury. If you are purchasing from a vendor, you should ensure that you are purchasing from an authorized vendor.
You can purchase adhesive stamps as well as per your convenience. The payment of stamp duty can be done through Pay Order or DD on any nationalized bank or scheduled bank. It can be paid through challan also which has the validity for at least two months from the date of execution.
The document can be written on a plain paper. Service tax and VAT There will not be any service tax as long as no construction takes place on the site.
The new centre had its own municipal and administrative apparatus, though technically it was a British enclave within the territory of the Wodeyar Kings of the Princely State of Mysore. The Bangalore torpedo was invented in Bangalore in While it remained in the princely territory of Mysore, Cantonment had a large military presence and a cosmopolitan civilian population that came from outside the princely state of Mysore, including British and Anglo-Indians army officers.
The crisis caused by the outbreak catalysed the city's sanitation process. Telephone lines were laid to help co-ordinate anti-plague operations. Regulations for building new houses with proper sanitation facilities came into effect. A health officer was appointed and the city divided into four wards for better co-ordination.
Property Registration Charges - Least Known Ways to SAVE
Several projects such as the construction of parks, public buildings and hospitals were instituted to improve the city. Mahatma Gandhi visited the city in and and addressed public meetings here. The Government of Karnataka later constituted the Bangalore Development Authority in to co-ordinate the activities of these two bodies.
Just to add that in some states like Tamil Nadu, it is mandatory to register both sale agreement and construction agreement. This option is only possible in states where registration of construction agreement is not compulsory. Reason being, in the case of joint ownership, a co-owner should be co-borrower. Just to save few thousand rupees, this kind of scenarios should be avoided. Study local stamp act: Please note that property registration charges are a state subject.
The rules vary from state to state.
Will there be increase in registration and stamp duty charges (for Bangalore )in october 2015 ?
You should review the local stamp act or hire a professional who can help in this regard. Sometimes, state rules help you to save property registration charges. For example, most of my clients in Maharashtra are not aware that if you sell the property within one year of buying from a builder, then the property registration charges are applicable only to the net profit. For example, i bought a property worth 1. I sell it within one year for 1.
Site Registration charges in Bangalore
In this case, property registration charges are applicable only on 10 lac i. Among all states, i find stamp act of Maharashtra very flexible and buyer friendly.
- More From TOI
- Related Posts
- Adblocker Detected
All said and done. If you are availing home loan, then you should discuss property registration value with the home loan provider.
Reason being PSU banks approve home loan only on registration value. For example, sale agreement value is 1 Cr. You are saving stamp duty and registering property at 70 lacs.