Best Property Registration in Bengaluru 9071767779 Power of Attorney / GPA / Legal Property Registration / Partition Deed / Family Tree / Sale Deed / Gift Deed / Sale Agreements / Release Deed / Property Legal Registration / Will / Rectification Deed / Mortgage / Confirmation Deed / Encumbrance Certificate / Certified Copy / Declaration / All type of Rent & Lease Sale Agreement / Partnership Deed / Indemnity Bond / MOU / Hand loan Agreement / Marriage Registration / Mother Deed Translation / Notary / Gazetted Attestation Property Transfer / Khata Transfer / Property Tax / Ec / Electric City Power Meter Transfer / Property Plan Sanction Approval One Call you will get Exceptional information related to your service Best Property Registration in Bengaluru
Best Property Registration in Bengaluru
Case | Stamp duty rate | Registration charges |
---|---|---|
When a man, woman or joint owners (regardless of gender) buy the property | 5% on properties above Rs 35 lakhs. 3% on properties between Rs 21 lakhs and 35 lakhs 2% on properties less than Rs 20 lakhs | 1% of the property value |
Documents required for Best Property Registration in Bengaluru are mentioned below:
1. Aadhar card.
2. Passport-size of both seller and buyer.
3. Verified copy of the original old sale deed.
4. Copy of No objection certificate under the land ceiling Act.
5. Copy of the latest property register card.
6. Copy of Municipal tax bill.
7. Construction completion certificate.
8. Recorded agreement between the builder and original purchaser of the building initially.
How much is registration fee for house in Bangalore?As per ongoing rates, you are required to pay 5 percent of the total or registered property value (above Rs 35 lakh) as stamp duty and 1 per cent of the total or registered property value as registration fees in Bangalore.
How is stamp duty calculated on a flat?
For example, if the agreement value of your flat is Rs 60 lakh and the circle rate is Rs 50 lakh, then, the stamp duty would be computed on the higher value, i.e., Rs 60 lakh.
As per ongoing rates, you are required to pay 5 percent of the total or registered property value (above Rs 35 lakh) as stamp duty and 1 per cent of the total or registered property value as registration fees in Bangalore
Here is the step by step process of property registration in Bangalore.
Step 1: Collect the following documents from seller
Step 2: Consult a lawyer to cross-check the document and titles
Step: 3: Discuss the payment terms with seller. This includes total price, number of installments. Never ever hurry to make any financial transaction including token advance. Step back, verify the document, society office, neighbor and any other sources if any. Take your time and never ever rush. More the patient more the negotiation.
Step 4: Prepare the draft sale deed. If you looking standard format of sale deed, please write to us We share format at no cost.
Share the updated draft to seller for cross verification. Upon the confirmation of draft, prepare sale the deed.
Step 5: Seller and buyer should sign at all pages of sale deed.
Step 6: Carry the complete set of documents and walk-in to respective sub-register office within which the property is located.
Try reaching before 10.30 am to avoid long queue. Get a token number. You will be allowed to wait until your token number comes. Most of the sub-register office are equipped with airport waiting chair as sitting arrangement.
Step 7:Buyer is called to sit in front of registering officer. Officer computer is equipped with camera and biometric thumb press.
Handover the sale deed to registering officer. Officer will enter the basic details into computer. Buyer will be allowed to take photo and biometric thumb press for authentication.
Step 8: Complete the transaction with seller. Preferably account transfer or cheque. Cash is prone to risk.
This completes the registration process property in Bangalore.
Best Property Registration in Bengaluru
Best Property Registration in Bengaluru
There is a lot that has to go on when you decide to buy a property or land than a normal business deal where you get a plot of land in exchange of money. Before going into the details of plot registration, there are a few terms you must know.
Registration fee – It is a small percentage of the total cost of the plot paid by the buyer to the state government for registering the property on his name.
Stamp Duty – It is a small percentage of the total plot cost imposed on the buyer during submission or recognition of the required documents. It is paid to claim that the submitted documents are valid
Property Guideline value – It is the minimum cost of your land estimated by the state government. Stamp duty in Bangalore, in both urban and rural settlements, is 5.6% of the saleable value of the plot. The registration fee is, however, 1% of the saleable value. The saleable value of a property, in simple ways, is the product of the property size and the guideline value. In some states, women and senior citizens get a discount on both registration fee and stamp duty charges.
Besides the total cost of your plot/property, there are a number of factors that affect the property registration fees and stamp duty charges.
Since buying and registering a plot or property is a legal process under state government, there a few documents that are needed to be submitted for the validity of the transaction-
The process of land/plot registration is as follows Best Property Registration in Bengaluru –
I. Check details for safety assurance: This process approximately take 5-7 business days and costs about 10,000 rupees. Before the property is sold/ transferred, a few things must be checked for the buyer’s safe transactions.
II. Final deed preparation: This process takes about a week and is done on green legal paper with the date and place left bank. The document is sent for stamping and is made by the buyer’s lawyer.
III. Payment of stamp duty: This process does not take more than a day. The buyer pays the stamp duty charges at the designated bank. After the payment, the bank issues a receipt and marks the front page of the sale deed with ‘stamp duty received.
IV. Final Execution: In this process, the buyer, seller and two witnesses sign on the sale deed at the sub-registrar office, and a distinct number is generated for documentation. The reader of the sub-registrar calculates the required registration fee which is to be deposited with the cashier in cash/DD against a receipt. After all the formalities the documentation is handed over to the buyer. It is better to take an agent to speed up the process in at the sub-registrar office
The document includes:
V. Change in the title: This is the longest and more complex process than the others and must be done with the assistance of a lawyer. After registering, the buyer needs to change the ownership title of the property to his name to enable himself as the new owner and tax payer for the property.
For this change you need to submit an application for mutation (change), an affidavit and a copy of the final sale deed in the office of City Survey and Land Records Department. After the request submission, the tax on the property is calculated and the letter of mutation is issued for the buyer. The office charges Rs 100 as the application fee, Rs 200 for the indemnity bond, Rs 100 for the affidavit and Rs 50 as notary charges.
To assist the people in the process of registration, the government of Karnataka has an online portal called Best Property Registration in Bengaluru . It is an online service that acts as a search engine for the process of registration and document submission. It is an application of Department of Stamps & Registration. It provides the people the find the list of documents for registration at one place. A buyer can also book a registration date using this website.
The website also has a Best Property Registration in Bengaluru that finds out the charges you have to pay on the basis of filling a simple form.
There also a few other websites that makes It very easy for the citizens to access the land records in Bangalore.
Best Property Registration in Bengaluru
Passport / All types of Pan Card / Aadhar Card / Marriage Certificate / Court Marriage Register Marriage / Visa / HRD & MEA Apostille Attestation / Birth Certificate & Death Certificate / Affidavits & Notary / Income Certificate / Caste Certificate & Domicile Certificate / GST License & Trade License / RTO / Voter ID / Driving License / international Driving Licence / Bus Train Flight Tickets / Money Transfer / IT Returns / Business Power of Attorney /
Best Property Registration in Bengaluru
Best Property Registration in Bengaluru
/ Notary / Gazetted Attestation / Construction Plan Sanction And Approval / Property Tax / Labour License / Food License / Trade License / Import Export licence / Website Design & Development / Police clearance certificate PCC & Job And Background PVC / Domicile Certificate / Rental & Lease Agreements / Shop licence / Medical License / Company Registration / Firm Registration / Deeds / Family Tree / Gift Deed / GPA Deed / Sale deed / A1 officer Gazetted Attestation / Business License / Single Status Certificate / Bachelor Certificate / ISO Certification Registration
Best Property Registration in Bengaluru