Total Cost of Buying Property in Bangalore

Understand the real property acquisition cost including registration, GST, maintenance, parking and hidden builder charges.

Table of Contents

Base Property Price

The quoted property price is usually not the final acquisition cost. Builders often advertise only the base sale value excluding additional expenses.

Buyers should always request a complete cost sheet before making booking payments.

Registration & Stamp Duty

In Karnataka, registration and stamp duty charges may add roughly 5.5% to 7.6% depending on property value.

GST Charges

GST is generally applicable on under-construction properties but not on completed ready-to-move units.

Buyers should verify GST applicability directly from the builder and agreement documents.

Common Hidden Charges

Maintenance & Parking Costs

Builders may collect advance maintenance for one or two years during possession.

Parking allocation and parking charges should be clearly documented in the agreement.

Example Cost Breakdown

Final acquisition cost may exceed the original advertised property price significantly.

Compare Actual Property Costs

Compare real acquisition costs including hidden charges instantly.

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Frequently Asked Questions

Is GST applicable on ready-to-move flats?

GST is generally not applicable on completed ready-to-move properties with completion certificate.

Are maintenance charges negotiable?

Certain maintenance and builder charges may be negotiable depending on project stage.

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