Advertisement
The Karnataka government has revised its registration fee structure, doubling charges for certain documents such as Joint Development Agreements and General Power of Attorney. The rate has increased from INR 10 to INR 20 for every INR 1,000 value, while fixed charges of INR 1 have been raised to INR 2. Applicants who had already booked slots or paid fees are required to pay the difference online. The move, aimed at improving revenue collection, is expected to bring in INR 3,000 crore, though it has drawn criticism for adding pressure on homebuyers.
The Karnataka government has introduced a higher registration fee structure under the Registration Act, 1908, which has directly affected property and related document registrations. The fee that earlier stood at INR 10 for every INR 1,000, or part thereof, has now been revised to INR 20. Similarly, documents that previously carried a nominal fee of INR 1 are now charged at INR 2. Advertisement
This change has significantly impacted Joint Development Agreements (JDAs) and General Power of Attorney (GPA) registrations, as their costs have now doubled. The revision applies not only to new applicants but also to those who had already booked registration slots or paid earlier fees. In such cases, applicants are required to pay the balance through the official portal to complete the registration process. Documents under verification are also being recalculated according to the revised rates.
Government officials have explained that the decision is part of a rationalisation exercise aimed at streamlining the registration process, improving administrative functioning, and ensuring more efficient service delivery. Despite the hike, Karnataka maintains a lower overall registration cost compared to neighbouring states. With the revised fee, the total registration charge, including stamp duty and cesses, stands between 7.5% and 7.65%. In comparison, Kerala levies around 10%, while Tamil Nadu charges 9%.
The state is currently facing a notable shortfall in revenue collection. In the previous financial year, registration revenue reached INR 22,500 crore against a target of INR 26,000 crore. In the ongoing fiscal, collections have already fallen short by 35% of the INR 28,000 crore target for the first quarter. With the revised fee structure, the government is expecting an additional INR 3,000 crore by the end of the current financial year.
The revision, however, has not been welcomed across all quarters. Opposition leaders have raised concerns that the hike places an added financial burden on citizens.
Source: PTI
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
Advertisement
Facebook
Whatsapp
