Buying real estate in Bangalore is exciting but the registration process can be a legal minefield. Ensuring your paperwork is airtight is crucial for protecting your investment.
The Sale Deed
The Sale Deed is the core document establishing your ownership. It must be drafted accurately with the property details, consideration amount and previous title chain before being registered at the sub-registrar office.
Stamp Duty and Registration Fees
In Karnataka stamp duty is typically around 5 percent of the guidance value or sale value whichever is higher, plus a 1 percent registration fee. These must be paid in full for registration to be legally valid.
The Importance of Khata
Khata is an account of property tax assessment. Getting the Khata transferred to your name after registration is mandatory for obtaining building licenses, trade licenses and applying for utility connections. Our legal and real estate teams at M.K. Pokkisham ensure seamless legally compliant property transactions.