Maharashtra vs Karnataka Home Loan Comparison

Compare home affordability, property taxes, and costs of homeownership

Maharashtra

Average Home Price

$7,500,000

Property Tax Rate

6%

Registration

1%

Market Trend

Strong appreciation in tier-1 cities, stable growth in tier-2

Karnataka

Average Home Price

$6,000,000

Property Tax Rate

5%

Registration

1%

Market Trend

Rapid appreciation in Bangalore IT corridors

Calculate Home Loan Affordability for Both States

Calculate for Maharashtra

Your Financial Details

Annual Income

Monthly Debts

Down Payment

Interest Rate

Property Tax Rate

You Can Afford

Maximum Home Price

$230,158

Down Payment (20%)

$46,032

Loan Amount

$184,127

Total Monthly Payment

$2,443

Principal & Interest:

$1,225

Property Tax:

$1,151

Insurance:

$67

Loan Amortization Schedule

Calculate for Karnataka

Your Financial Details

Annual Income

Monthly Debts

Down Payment

Interest Rate

Property Tax Rate

You Can Afford

Maximum Home Price

$230,158

Down Payment (20%)

$46,032

Loan Amount

$184,127

Total Monthly Payment

$2,251

Principal & Interest:

$1,225

Property Tax:

$959

Insurance:

$67

Loan Amortization Schedule

Maharashtra vs Karnataka: Cost of Homeownership

About Maharashtra:

Maharashtra, home to Mumbai and Pune, has India's most expensive real estate market. Stamp duty of 6% for men and 5% for women. Metro cities see high appreciation potential.

About Karnataka:

Karnataka, led by Bangalore's IT boom, offers strong property appreciation. Stamp duty is 5% for men and 3% for women, with 1% registration charges.

Key Differences

The primary difference between Maharashtra and Karnataka lies in stamp duty rates (6% vs 5%), registration charges (1% vs 1%), and average property prices (₹7,500,000 vs ₹6,000,000).

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