PROPERTY GUIDANCE VALUE INDEX
BANGALORE [Effect From 01-01-2019]
The State Government has hiked the guidance value of properties by 5% to 25% and the revised rates have come into effect from Jan.1, 2019 at all Sub-Registrar Offices.
Henceforth, property rates are set to go up along with registration charges in city and its outer limits.
Guidance Value is the minimum value below which no property transaction can be accomplished. It’s the least value at which you can register a property. The Guidance Values are published by the Dept. Guidance Value is calculated on several parameters by the respective city authorities, it is the minimum value below which property transactions are not allowed to be carried out.
Guidance value is the price of a property fixed by the Government, and property registrations cannot go below that fixed price. This is also a major revenue source for the Government.
For Property Guidance Value Bangalore click on the area’s below:
Land Guidance Value – Bangalore
Sub-registrar offices in Bangalore have guidance value of land for their respective locality. These rates are in effect from November 1, 2014.
|Locality||Rate In Rs / Sq Feet|
|Bannerghata Main Road (Jayadeva Hospital to Dairy Circle)||7,700|
|Cunningham Road (Chandrika Hotel to Queen’s Circle)||20,000|
|Cunningham Road (Sankey Road to Chandrika Hotel)||16,380|
|CV Raman Road (RT Nagar)||20,000|
|Double Road (KH Road)||10,000|
|Indiranagar 100 feet Road||14,500|
|Jayanagar BDA Complex||15,000|
|Jayanagar 4th Block||16,300|
|Madiwala – Hosur Road (Central Silk Board to Dairy Circle)||8,000|
|Malleswaram Sampige Road||13,000|
|MG Road (Kasturba Road to Trinity Circle)||18,000|
|Rajajinagar Ist Block (Dr. Rajkumar Road)||8,000|
|Sadashivanagar (Palace Orchards)||20,000|
|UB Towers, Vittal Mallya Road||21,350|
|Vittal Mallya Road||12,600|
|Yelahanka (Sandeep Unnikrishnan Road)||5,200|