State Act

170

Section 170. Duty on transfer of immovable properties.

THE GREATER BENGALURU GOVERNANCE ACT 2024

Act no. 36 of 20252025In forceKarnataka (State Act)

170. Duty on transfer of immovable properties.- The duty on transfer of immovable property shall be levied in the form of a surcharge at the rate of two percent of the duty imposed by the Karnataka Stamp Act, 1957 on instruments of sale, gift, mortgage, exchange or lease in perpetuity of all immovable property situated within the limits of the Greater Bengaluru Area.