India, Sept. 2 -- Bengaluru property buyers will now incur higher transaction costs after the Karnataka government doubled registration fees from 1% to 2% under the Registration Act, 1908. Experts warn the move could pressure cost-sensitive homebuyers and weigh on sales in the affordable and mid-income segments. While it is expected to boost state revenues, the hike may further dent buyer sentiment in a market already facing affordability concerns.

"The Government has revised the registration fee from 1% to 2%, with effect from 31st August 2025. This measure has been introduced to strengthen administrative processes and ensure better service delivery," according to a notification issued by the Department of Stamps and Registration on Aug...