Karnataka: Stamp duty cut from 5 per cent to 3 per cent for properties up to Rs 35 lakh
The Karnataka government on Tuesday reduced the registration stamp duty from 5% to 3% for properties costing between Rs 21 lakh and Rs 35 lakh in a bid to give a leg-up to the ailing realty sector. The budget presented by the BJP government had brought down the stamp duty from 5% to 2% for properties costing up to Rs 20 lakh.