The registration price for immovable properties in Karnataka is about to rise from one to 2 per cent of the worth of the property from Sunday, with the state authorities issuing a notification for the revised registration price.
Regardless of the hike within the registration price, the state authorities has mentioned that the land registration value in Karnataka stays the bottom in South India.
“Karnataka has one of many lowest Stamp Obligation and Registration Charges on immovable property transactions when in comparison with its neighbours and different states. The federal government has revised the registration price from 1% to 2%, with impact from thirty first August 2025,” the Stamps and Registration Division mentioned in a press release on Saturday.
The federal government acknowledged the measure has been launched to rationalise, strengthen administrative processes and guarantee higher service supply. The federal government issued a notification for the revision of the registration charges on Friday.
The transfer is seen as a corrective measure amid decrease stamp obligation and registration collections, that are a key part of state income, not rising considerably over the past two fiscal years.
With the hike in registration price, the whole value of property registrations in Karnataka will go as much as 7.5 per cent of the property together with stamp obligation at 5 per cent and different cess at 0.6/0.65 per cent. That is decrease than the fee in Kerala (10 per cent), Tamil Nadu (9 p.c) and on par with Telangana and Andhra Pradesh (7.5 per cent).
The BJP has criticised the hike, with Chief of Opposition R Ashok saying that this was the most recent hike in costs in Karnataka. “After climbing costs of water, milk, energy, petrol, diesel, bus fares, metro fare, property tax, and each important service, now they’ve focused house consumers and the actual property sector by doubling registration charges,” Ashok mentioned.
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“The federal government, which had already shattered the goals of individuals of proudly owning houses by disproportionately rising stamp obligation, has now resorted to outright theft by elevating the registration price from 1 p.c to 2 p.c, and I strongly condemn this motion of the state authorities,” BJP state president B Y Vijayendra mentioned on social media.
The Stamps and Registration Division has mentioned that land registration candidates with prior appointments or but to acquire an appointment should pay the distinction quantity via the official portal. Along with the purposes below verification, the registration price will probably be recalculated and charged on the revised price of two per cent
The state authorities has seen a shortfall in stamp obligation and registration revenues, with an achievement of ₹22,500 crore in 2024-25 in opposition to a goal of ₹26,000 crore. Within the present fiscal the place the goal is ₹28,000 crore the primary quarter has seen a 35 per cent shortfall.