At Alita, we understand that buying a home is a significant milestone in one person lifetime. That why weve taken every precaution to ensure the process is as simple and stress-free for our residents. One of the critical steps in securing your home at Alita is stamp duty and registration.

Stamp duty is a tax paid on legal documents, including property deeds. It is a state government charge that varies according to the type of property and its location. In Karnataka, the stamp duty rate for apartments is 5.6 per cent of the property value. However, this fee can change, so it is always advisable to double-check with the authorities or consult legal counsel.

After paying the stamp duty, the registration process follows. Registering your property ensures that its ownership is correctly transferred to you and that there are no legal issues in the future. The registration procedure includes submitting the necessary paperwork, such as the sale agreement and identification proof, and paying the registration fee, which is 1 per cent of the property value.