What are Property Registration Charges?

Property Registration Charges are fees paid to officially record ownership transfers. They typically include stamp duty and registration costs, ensuring lawful recognition of the transaction.

• Legal Formality: Authenticates new owner in government records.
• State-Dependent Rates: Vary by region, property value, and usage classification.
• One-Time Payment: Made during transaction finalization.
• Budget Planning: Significant expense for buyers.

These charges legitimize property transfers, safeguarding both buyer and seller in legal disputes.