Cost of buying property in India

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Ø   Cost of buying property in India:

Stamp duty rates vary from 4% to 10%, depending on the location of the property. Registration fees are around 1% of the property value. Registration fees vary. depending on the location of the property. Legal fees are typically around 1.5% of the property value. 

Registration Fees: 1%
Costs paid by buyer: 7.625% - 12.75%


Ø   How much does it cost to buy property in India?

The median price paid by the bottom quintile to buy a house is Rs1 lakh, while the median price paid by the top quintile to buy a house is Rs10 lakh. The median price paid by the richest 1% to buy a house is Rs18 lakh, according to the survey.


Ø   What is base price of property?

What is basic sale price? the BSP is the base cost per sq ft of the property, for which it is listed for sale by the seller. Usually, It does not include additional charges for amenities, floor rise, preferential location, parking and other maintenance dues.





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