Stamp Duty & Registration Charges in Karnataka
Karnataka charges 5% stamp duty on properties above Rs 45 lakh. Properties between Rs 21 lakh and Rs 45 lakh attract 3% stamp duty. Properties up to Rs 20 lakh attract 2% stamp duty. A 0.5% cess is added to the stamp duty, and the registration fee is 2% of the property value, doubled from 1% on 31 August 2025.
This applies across all price bands in the state. Both charges sit on top of the flat's base price.
GST adds another cost for under-construction homes. At Prestige Parklane, GST at 5% is charged on top of the quoted price, which includes the car park and floor rise. Stamp duty and registration use the same base value for their calculation. Together, stamp duty, cess and registration add about 7.5% to the quoted price.
How Does This Apply to Prestige Parklane?
The Prestige Parklane is a new launch project in KIADB Phase 2, Devanahalli. Every unit here is priced above Rs 45 lakh. So the 5% stamp duty slab applies across the board. All figures below use the launch starting prices.
The launch price sheets work out to Rs 9,122 to Rs 11,404 per sq ft. A one-bedroom home covers 567 to 571 sq ft. A two-bedroom home covers between 828 to 1,103 sq ft. A three-bedroom home covers between 1,445 to 1,801 sq ft.
The saleable area and the RERA carpet area of every apartment type are now published, based on the plan sanctioned by KIADB.
Stamp Duty & Registration Table for Prestige Parklane
| Configuration | Starting Price | Stamp Duty + Cess (5.5%) | Registration (2%) | Total Before GST |
|---|---|---|---|---|
| 1 BHK Classic | ₹56,00,000 | ₹3,08,000 | ₹1,12,000 | ₹60,20,000 |
| 2 BHK Optima | ₹82,00,000 | ₹4,51,000 | ₹1,64,000 | ₹87,15,000 |
| 3 BHK Aspire | ₹1,32,00,000 | ₹7,26,000 | ₹2,64,000 | ₹1,41,90,000 |
This table covers stamp duty, cess and registration on the starting price of each configuration. The starting prices already include the car park and floor rise. GST at 5% (₹2,80,000, ₹4,10,000 and ₹6,60,000 respectively) and the other charges paid at possession come on top of the total shown.
Who Pays and When
The buyer pays stamp duty and registration when the sale deed is signed. Both amounts go to the Karnataka state government, not to the developer. Banks normally add these charges to the amount needed for the home loan.
Some lenders include stamp duty inside the loan itself. Others ask the buyer to pay it in cash.
Ways to Plan for the Charges
Stamp duty and registration apply at the same rates to every buyer in Karnataka, so the best way to manage them is to plan for them early. Stamp duty and the registration fee paid in the year of purchase can be claimed under Section 80C of the Income Tax Act, within the overall ₹1.5 lakh limit, and many buyers budget these charges from their own funds so the home loan covers the property price. Checking the government guidance value for the location in advance also helps, because stamp duty is charged on the higher of the agreement value and the guidance value.
FAQs
Stamp duty is 5% for amounts above Rs 45 lakh, 3% for amounts between Rs 21 lakh and Rs 45 lakh, and 2% for amounts below Rs 20 lakh.
The registration fee is 2% of the property's value in every price range, doubled from 1% on 31 August 2025.
Stamp duty uses whichever value is higher: the agreement price or the government guidance value.
Yes. Stamp duty and registration paid in the year of purchase can be claimed under Section 80C, within the overall ₹1.5 lakh limit.
Yes, but separately. At Prestige Parklane, GST at 5% is charged on top of the quoted price, while stamp duty, cess and registration are paid at registration.
