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There are some clauses in stamp duty and registration charges, like if the value of the property is under 45L stamp duty is 3% and if the co applicant is female then also stamp duty is 3%. where is this mentioned in Kaveri portal?
There are some clauses in stamp duty and registration charges, like if the value of the property is under 45L stamp duty is 3% and if the co applicant is female then also stamp duty is 3%. where is this mentioned in Kaveri portal?
PGN Property, Real Estate & Documentation Consultant with 21+ years of experience
Answered on May 11,2024
Answered on May 11,2024
3% stamp duty is applicable when you buy a new property from builder or developer (1st purchaser) and consideration & guidance value must be less than Rs. 45 lakhs
To avail of 3% stamp duty, select the sub-article “20 (2-A) (ii) - First Sale of Flat/Apartment” in Kaveri portal. Refer to the below image
3% stamp duty is not applicable for resale property. The stamp duty for resale property is 5% of consideration or guidance value, whichever is higher
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Bhoomi RTC - Land Records in Karnataka
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