Stamp Duty & Registration Charges at Purva Northern Lights-Total Cost Explained

The charges depend on the property value:

For properties below ₹20 lakh

• Stamp duty is 2%, and registration is 2%. Overall cost is around 4%.
• For properties between ₹21 lakh and ₹45 lakh
• Stamp duty is 3%, and registration is 2%, with a small extra charge. The total comes to about 5.3%.

For properties above ₹45 lakh

• Stamp duty is 5%, and registration is 2%, along with a small surcharge of around 0.6%. Total cost is roughly 7.6%.

When planning to buy a flat at Purva Northern Lights, it's important to look at the total cost, not just the base price. In Bangalore, government charges add around 7.6% to the property value. These charges are calculated on whichever is higher — the agreed price or the government guidance value.

The following table provides the specific financial breakdown for the primary unit configurations based on the 2026 rates of 5% Stamp Duty, 2% Registration Fee, and an estimated 0.6% Surcharge/Cess.

How Are the Charges Calculated? (The 2026 Rule)

Karnataka does not simply take the sale price at face value. The tax base is set by comparing two figures:

• Agreement Value: the price written in your sale document
• Guidance Value: the minimum price per sq. ft. set by the state for the Bagalur area

Tax is charged on whichever figure is higher.

Example: Say your agreement value is ₹1.30 crore. But the guidance value is ₹1.35 crore. You pay tax on ₹. North Bangalore guidance values were revised upward by 10 to 15% in April 2026. That directly affects your fee calculation; even if the developer's price stays flat, a higher guidance value pushes the tax base up. Buyers who registered before April 1 avoided the increase in the tax amount.

Beyond stamp duty and registration, several other costs come into the picture before you get your keys.

• GST (5%)

This applies to all homes above ₹45 lakh. For a ₹1.19 crore 2 BHK, GST adds ₹5.95 lakh. It is paid in stages as construction progresses.

• Corpus Fund & Maintenance Deposit

A one-time corpus fund of ₹50 to ₹100 per sq. ft. is collected as a reserve for future repairs and major expenses. Along with this, an advance maintenance charge of about ₹65 per sq. ft. is taken to cover the upkeep of the property for the first 1 to 2 years.

• Legal & Documentation Fees

These range from ₹25,000 to ₹50,000. They cover the sale deed, title check, and Khata transfer.

• Floor Rise & Preferential Location Charges

From the 5th floor upward, a charge of ₹20–₹50 per sq. ft. per floor is added. Corner or view-facing units may add 3 to 5% to the base price.

• Utility Connection Deposits

One-time deposits for electricity and water are needed to get the occupancy certificate.

Section 80C of the Income Tax Act allows a deduction of up to ₹1.5 lakh on stamp duty and registration fees, but only in the financial year you actually make the payment.

Property prices in the KIADB Aerospace Park corridor grow 8 to 10% every year. This means your 7.6% entry cost is typically recovered within the first 12 months.

• RERA Registration

The project is registered with Karnataka RERA. Most of the money paid by buyers (70%) is used only for construction. This helps keep the project on schedule. It is expected to be completed by December 2029.

• Kaveri 2.0 Digit

From 2026, Karnataka will route all stamp duty and registration payments through the Kaveri 2.0 portal using electronic stamping. Payments go straight to the State Treasury, cutting out paper receipts and the risk of document fraud.s or fraud.

• Legal Protection

The registered sale deed is your primary proof of ownership. It establishes a clear title chain going back 30 years, which matters if ownership is ever contested.

• Bank Loans

Large banks require a Memorandum of Deposit of Title Deed (MODT). That has its own 0.6% fee (0.5% stamp duty and 0.1% registration). Banks release the final loan only after checking the Encumbrance Certificate on the Kaveri portal to make sure there are no existing loans or claims on the property.