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Registration charge is a fee that is charged to register or enroll for a specific House, apartment and land. This fee is typically required in order to reserve a spot or secure your enrollment in the properties.
What is registration cost ?
In municipal areas, it is 12% – buyers pay 5% and sellers pay 7% of the declared value of the properties in registration certificates. In rural areas, the tax rate is 7% of the declared value and is paid only by the buyer.