Mysore/Mysuru, Aug. 30 -- With effect from tomorrow

Buying or registering property in Karnataka will become costlier starting tomorrow (Aug. 31), as the State Government has doubled the registration fee.

Until now, the fee stood at 1 percent of the property value, but from Aug. 31 it will be levied at 2 percent.

This decision has been taken in the wake of the Department of Stamps and Registrations, consistently falling short of its revenue targets during 2024-25 and the first quarter of 2025-26.

Earlier, the State levied a 5 percent stamp duty on the guidance value of a property, a 1 percent registration fee, a 0.5 percent cess and a 0.1 percent surcharge, adding up to 6.6 percent. With the registration fee now doubling to 2 percent, ...