{"id":13105,"date":"2024-01-03T11:36:56","date_gmt":"2024-01-03T06:06:56","guid":{"rendered":"https:\/\/blog.bigproperty.in\/?p=13105"},"modified":"2024-01-03T11:36:59","modified_gmt":"2024-01-03T06:06:59","slug":"bangalores-guidance-value-2024-calculations-property-transactions","status":"publish","type":"post","link":"https:\/\/bigproperty.in\/blog\/bangalores-guidance-value-2024-calculations-property-transactions\/","title":{"rendered":"Bangalore&#8217;s Guidance Value 2024: Calculations, Property Transactions"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/bigproperty.in\/blog\/bangalores-guidance-value-2024-calculations-property-transactions\/#What_is_Guidance_Value_in_Bangalore\" >What is Guidance Value in Bangalore?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/bigproperty.in\/blog\/bangalores-guidance-value-2024-calculations-property-transactions\/#How_to_calculate_the_Guidance_Value_in_Bangalore\" >How to calculate the Guidance Value in Bangalore?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/bigproperty.in\/blog\/bangalores-guidance-value-2024-calculations-property-transactions\/#Related_Blogs\" >Related Blogs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/bigproperty.in\/blog\/bangalores-guidance-value-2024-calculations-property-transactions\/#Per_Sq_Meter_Guidance_Value_in_Bangalore\" >Per Sq Meter Guidance Value in Bangalore<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/bigproperty.in\/blog\/bangalores-guidance-value-2024-calculations-property-transactions\/#What_elements_affect_Bangalores_guidance_value\" >What elements affect Bangalore&#8217;s guidance value?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/bigproperty.in\/blog\/bangalores-guidance-value-2024-calculations-property-transactions\/#What_effect_does_guideline_value_have_on_property_transactions\" >What effect does guideline value have on property transactions?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/bigproperty.in\/blog\/bangalores-guidance-value-2024-calculations-property-transactions\/#Latest_Updates_on_Guidance_value_in_Bangalore\" >Latest Updates on Guidance value in Bangalore:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/bigproperty.in\/blog\/bangalores-guidance-value-2024-calculations-property-transactions\/#Latest_Blogs\" >Latest Blogs<\/a><\/li><\/ul><\/nav><\/div>\n\n<p><strong><em>Guidance Value in Bangalore <\/em><\/strong>is governed by the Department of Stamps and Registration, Karnataka. It is also known as the Ready Reckoner (RR) rate or the Circle rate in other states. Guidance Value is calculated for both land parcels and built-up buildings. In the case of plots, the value is calculated based on the available land area, omitting any built property. The value assigned to built properties, including land, is called composite value.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Guidance_Value_in_Bangalore\"><\/span><strong>What is Guidance Value in Bangalore?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Guidance Value is the very least that a homebuyer must spend on a property. There is, however, no upper limit to the highest property price (market rate) at which a property can be sold. The overall amount that a homebuyer pays for a property, including amenities and other infrastructure, is known as the market rate. The market rate of a property is clearly greater than the Guidance Value. Stamp duty and registration fees are computed on the Guidance Value and are the Karnataka government&#8217;s principal source of revenue.<\/p>\n\n\n\n<p>The State government revises the guiding value annually to close the gap between the two. However, the most recent modification in guiding value, which will take effect on October 1, 2023, will take place after five years. The increase in value assists the government in raising more income through stamp duty and registration fees. Reducing the difference between Guidance Value and market rate also aids in the reduction of black money circulation in the real estate sector. Any upward change to the Guidance Value leads to a rise in the property&#8217;s market price.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-text-color has-background\" href=\"https:\/\/play.google.com\/store\/apps\/details?id=bigproperty.in&amp;pcampaignid=web_share\" style=\"border-radius:2px;background-color:#ba0c49;color:#fffffa\"><strong>Download App<\/strong><\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link has-text-color\" href=\"https:\/\/www.whatsapp.com\/channel\/0029VaAUFkA9sBIBN\" style=\"border-radius:2px;color:#ba0c49\"><strong>Follow WhatsApp Channel<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_calculate_the_Guidance_Value_in_Bangalore\"><\/span><strong>How to calculate the Guidance Value in Bangalore?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The procedures to compute the<strong><em> Guidance Value in Karnataka<\/em><\/strong> are shown below &#8211;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Visit the KAVERI website or search for &#8216;Know Your Property Valuation&#8217;.<\/li><li>Select the district, taluka, area name, and village from the drop-down menu.<\/li><li>Choose the property usage category and total area, as well as the measurement unit.<\/li><li>The values will be shown on your screen.<\/li><\/ul>\n\n\n\n<p>There are 42 Sub-Registrar Offices in Bangalore (Urban) for evaluating and regulating Guidance Value. The State government has established five Sub-Registrar Offices in rural regions.<\/p>\n\n\n\n<div class=\"wp-block-group has-background\" style=\"background-color:#c3c3c3\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<h2 class=\"has-text-align-center wp-block-heading\"><span class=\"ez-toc-section\" id=\"Related_Blogs\"><\/span><strong><span class=\"has-inline-color has-vivid-red-color\">Related Blogs<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group has-background\" style=\"background-color:#e6e6e6\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\"><ul class=\"wp-block-latest-posts__list is-grid columns-3 wp-block-latest-posts\"><li><div class=\"wp-block-latest-posts__featured-image\"><a href=\"https:\/\/bigproperty.in\/blog\/srirampura-metro-station-on-namma-metro-green-line-complete-guide\/\" aria-label=\"Srirampura Metro Station on Namma Metro Green Line: Complete Guide\"><img decoding=\"async\" width=\"300\" height=\"157\" src=\"https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2024\/09\/Why-to-Invest-in-tellapur-Real-Estate-1-300x157.png\" class=\"attachment-medium size-medium wp-post-image\" alt=\"\" style=\"\" srcset=\"https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2024\/09\/Why-to-Invest-in-tellapur-Real-Estate-1-300x157.png 300w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2024\/09\/Why-to-Invest-in-tellapur-Real-Estate-1-1024x536.png 1024w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2024\/09\/Why-to-Invest-in-tellapur-Real-Estate-1-768x402.png 768w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2024\/09\/Why-to-Invest-in-tellapur-Real-Estate-1-696x364.png 696w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2024\/09\/Why-to-Invest-in-tellapur-Real-Estate-1-1068x559.png 1068w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2024\/09\/Why-to-Invest-in-tellapur-Real-Estate-1-803x420.png 803w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2024\/09\/Why-to-Invest-in-tellapur-Real-Estate-1.png 1200w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/bigproperty.in\/blog\/srirampura-metro-station-on-namma-metro-green-line-complete-guide\/\">Srirampura Metro Station on Namma Metro Green Line: Complete Guide<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image\"><a href=\"https:\/\/bigproperty.in\/blog\/bengaluru-suburban-rail-project-complete-guide-to-stations-corridors-more\/\" aria-label=\"Bengaluru SubUrban Rail Project: Complete Guide to Stations, Corridors &amp; more\"><img decoding=\"async\" width=\"300\" height=\"157\" src=\"https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2024\/09\/Bengaluru-SubUrban-Rial-project-300x157.png\" class=\"attachment-medium size-medium wp-post-image\" alt=\"\" style=\"\" srcset=\"https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2024\/09\/Bengaluru-SubUrban-Rial-project-300x157.png 300w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2024\/09\/Bengaluru-SubUrban-Rial-project-1024x536.png 1024w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2024\/09\/Bengaluru-SubUrban-Rial-project-768x402.png 768w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2024\/09\/Bengaluru-SubUrban-Rial-project-696x364.png 696w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2024\/09\/Bengaluru-SubUrban-Rial-project-1068x559.png 1068w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2024\/09\/Bengaluru-SubUrban-Rial-project-803x420.png 803w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2024\/09\/Bengaluru-SubUrban-Rial-project.png 1200w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/bigproperty.in\/blog\/bengaluru-suburban-rail-project-complete-guide-to-stations-corridors-more\/\">Bengaluru SubUrban Rail Project: Complete Guide to Stations, Corridors &amp; more<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image\"><a href=\"https:\/\/bigproperty.in\/blog\/whitefield-to-challaghatta-metro-purple-line-metro-bangalore-complete-guide\/\" aria-label=\"Whitefield to Challaghatta Metro: Purple line metro Bangalore: Complete guide\"><img decoding=\"async\" width=\"300\" height=\"169\" src=\"https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2024\/09\/Add-a-heading-5-300x169.png\" class=\"attachment-medium size-medium wp-post-image\" alt=\"\" style=\"\" srcset=\"https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2024\/09\/Add-a-heading-5-300x169.png 300w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2024\/09\/Add-a-heading-5-1024x576.png 1024w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2024\/09\/Add-a-heading-5-768x432.png 768w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2024\/09\/Add-a-heading-5-696x392.png 696w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2024\/09\/Add-a-heading-5-1068x601.png 1068w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2024\/09\/Add-a-heading-5-747x420.png 747w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2024\/09\/Add-a-heading-5.png 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/bigproperty.in\/blog\/whitefield-to-challaghatta-metro-purple-line-metro-bangalore-complete-guide\/\">Whitefield to Challaghatta Metro: Purple line metro Bangalore: Complete guide<\/a><\/li>\n<\/ul><\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Per_Sq_Meter_Guidance_Value_in_Bangalore\"><\/span><strong>Per Sq Meter Guidance Value in Bangalore<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><td><strong>Localities in Bangalore<\/strong><\/td><td><strong>Guidance Value (Rs\/sq meters)<\/strong><\/td><\/tr><\/thead><tbody><tr><td>B.M. Sri Nagar Cross Road<\/td><td>Rs 28,000<\/td><\/tr><tr><td>Vani Vilas Market to D. Banumaiah Circle<\/td><td>Rs 32,000<\/td><\/tr><tr><td>K.R. Circle to Ayurveda Hospital Circle<\/td><td>Rs 1,15,000<\/td><\/tr><tr><td>RMC Circle to Highway Circle<\/td><td>Rs 32,600<\/td><\/tr><tr><td>Banumaiah Circle to KR Circle<\/td><td>Rs 68,200<\/td><\/tr><tr><td>Ayurveda Hospital to RMC Circle<\/td><td>Rs 49,100<\/td><\/tr><tr><td>Kumbarakoppal Crossroads<\/td><td>Rs 9,600<\/td><\/tr><tr><td>Kumbarakoppal South Side<\/td><td>Rs 13,000<\/td><\/tr><tr><td>Srirampura First Stage<\/td><td>Rs 23,000<\/td><\/tr><tr><td>Metagalli Main Road<\/td><td>Rs 18,300<\/td><\/tr><tr><td>Ambedkar Colony<\/td><td>Rs 3,500<\/td><\/tr><tr><td>Kumbarakoppal Main Road<\/td><td>Rs 1,29,000<\/td><\/tr><tr><td>Kumbarakoppal Inner CrossRoads<\/td><td>Rs 9,900<\/td><\/tr><tr><td>Kumbara Koppal Colony<\/td><td>Rs 6,500<\/td><\/tr><tr><td>Gokulam Main Road<\/td><td>Rs 38,400<\/td><\/tr><tr><td>Gokulam Cross Road<\/td><td>Rs 19,800<\/td><\/tr><tr><td>Gokulam Third Stage<\/td><td>Rs 28,000<\/td><\/tr><tr><td>Contour Road EWS<\/td><td>Rs 19,700<\/td><\/tr><tr><td>Bogadi First &amp; Second Stage<\/td><td>Rs 28,000<\/td><\/tr><tr><td>Srirampura Second Stage<\/td><td>Rs 24,000<\/td><\/tr><tr><td>Hale Ooru<\/td><td>Rs 8,500<\/td><\/tr><tr><td>B.M. Sri Nagar Main Road<\/td><td>Rs 10,100<\/td><\/tr><tr><td>Karakushala Nagar<\/td><td>Rs 5,400<\/td><\/tr><tr><td>Gokulam First and Second Stage<\/td><td>Rs 25,000<\/td><\/tr><tr><td>Gokulam Fourth Stage<\/td><td>Rs 20,000<\/td><\/tr><tr><td>Karnataka Slum Development Board Houses<\/td><td>Rs 8,600<\/td><\/tr><tr><td>Janatanagar<\/td><td>Rs 11,800<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Also Read:<\/strong> <em><a href=\"https:\/\/bigproperty.in\/blog\/\/rera-karnataka-services-registration-process-fees-charges\/\">RERA Karnataka: Services, Registration Process, Fees &amp; Charges<\/a><\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_elements_affect_Bangalores_guidance_value\"><\/span><strong>What elements affect Bangalore&#8217;s guidance value?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Bangalore&#8217;s guidance value is impacted by several factors. Among them are:<\/p>\n\n\n\n<p><strong>Demand and Supply of Properties: <\/strong>A property&#8217;s overall value depends on the level of demand for it. In a region where there is a great demand for real estate, the guideline value will be high.<\/p>\n\n\n\n<p><strong>Amenities: <\/strong>The facilities in a certain area have an impact on a property&#8217;s guidance value. A property&#8217;s guide value will be high if it is situated close to important facilities including parks, schools, hospitals, and retail centers.<\/p>\n\n\n\n<p><strong>Infrastructure: <\/strong>One important element influencing the guiding value is the infrastructure. A house in an area with good public transit and other facilities will fetch a higher guideline value.<\/p>\n\n\n\n<p><strong>Government policies:<\/strong> A property&#8217;s guidance value is greatly impacted by the actions of the government. \u00a0The government may revise the guiding value regularly to account for shifts in the market.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_effect_does_guideline_value_have_on_property_transactions\"><\/span><strong>What effect does guideline value have on property transactions?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The guideline value has a significant influence on property sales. Here are a few examples of how the guideline value affects property transactions:<\/p>\n\n\n\n<p><strong>Stamp duty and registration fees: <\/strong>The guidance value is the lowest amount at which a property can be registered. As a result, the guideline value aids in determining stamp duty and registration fees relevant to a property. In this case, it indicates that a greater guideline value will result in higher stamp duty and registration fees.<\/p>\n\n\n\n<p><strong>Negotiation: <\/strong>The guideline value might be a valuable tool for bargaining in real estate purchases. Buyers might use the guiding value to negotiate a lower property value. The seller, on the other hand, might use the same to propose a greater price.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>List of Sub-Registrar Offices in Bangalore (Urban)<\/strong><strong><\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><td><strong>The Rajajinagar District<\/strong><strong><\/strong><\/td><td><strong>The Basavanagudi District<\/strong><strong><\/strong><\/td><td><strong>The Shivajinagar District<\/strong><strong><\/strong><\/td><td><strong>The Gandhinagar District<\/strong><strong><\/strong><\/td><td><strong>The Jayanagar District<\/strong><strong><\/strong><\/td><\/tr><\/thead><tbody><tr><td>Rajajinagar<\/td><td>Basavanagagudi<\/td><td>Shivajinagar<\/td><td>Gandhinagar<\/td><td>Jayanagar<\/td><\/tr><tr><td>Yashwanthpura<\/td><td>Chamarajapete<\/td><td>Indiranagar<\/td><td>Malleswaram<\/td><td>Santhinagar<\/td><\/tr><tr><td>Vijayanagar<\/td><td>Banashankari<\/td><td>Halsuru<\/td><td>Ganganagar<\/td><td>BTM Layout<\/td><\/tr><tr><td>Srirampuram<\/td><td>Anekal<\/td><td>Banasawadi<\/td><td>Hebbal<\/td><td>Kengeri<\/td><\/tr><tr><td>Peenya<\/td><td>Attibele<\/td><td>KR Puram<\/td><td>Kacharakanahalli<\/td><td>Rajarajeshwari nagar<\/td><\/tr><tr><td>Laggere<\/td><td>Sarjapura<\/td><td>Mahadevapura<\/td><td>Byatarayanapura<\/td><td>JP Nagar<\/td><\/tr><tr><td>Nagarbhavi<\/td><td>Jigani<\/td><td>Bidarahalli<\/td><td>Yelahanka<\/td><td>Bommanahalli<\/td><\/tr><tr><td>Madanayakanahalli<\/td><td><\/td><td>Varthur<\/td><td>Jala<\/td><td>Begur<\/td><\/tr><tr><td>Dasanapura<\/td><td><\/td><td><\/td><td>Hesaraghatta<\/td><td>Tavarekere<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>List of Sub-Registrar Offices in Bangalore (Rural)<\/strong><strong><\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Nelamangala<\/li><li>Doddaballapura<\/li><li>Devanahalli<\/li><li>Nelamangala<\/li><li>Hoskote<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Latest_Updates_on_Guidance_value_in_Bangalore\"><\/span><strong>Latest Updates on Guidance value in Bangalore: <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Following the state government&#8217;s rise in guideline value in October, the <em><strong>Bangalore Development Authority (BDA)<\/strong><\/em> may raise the cost of its housing units. According to BDA officials, a proposal to hike flat pricing by around 10% is scheduled for debate. It will be discussed in the upcoming BDA meeting, which is scheduled for the first or second week of December.<\/p>\n\n\n\n<p>This possible increase comes at a time when over 1700 apartments across ten separate developments remain unsold, providing significant sales issues. Kommaghatta, Kaniminike, Doddabanahalli, Valagerahalli, Nagarabhavi, and Konadasapura are among the BDA developments. The proposed price increase will also apply to the Bangalore Development Authority&#8217;s ambitious villa project, the Puneeth Rajkumar Housing Complex, which is located in Hunnigere hamlet near Dasanapura in North Bangalore. This project is expected to have roughly 322 exquisite villas ready for sale by January 2024.<\/p>\n\n\n\n<p>The guiding value rose by 10% in locations where the advice value and market rates are similar. However, it grew by 25-30% in places where market prices are 200 times higher than the property&#8217;s guiding value. The rates were altered because the legislation requires that there be no significant difference between market rates and advice values in the relevant area.<\/p>\n\n\n\n<p>The amended prices will be introduced in Bangalore during Phase I and will be subsequently carried out in other districts following adequate consultation with sub-committees at each district level. Residents may also object to the new charges.<\/p>\n\n\n\n<p>The government also provides refunds on occasion. Previously, a 10% discount was implemented to help the Karnataka real estate sector recover. This offer was formerly valid until March 31, 2022, but was later extended until July 31, 2023.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Frequently Asked Questions (FAQ&#8217;s)<\/strong><\/h3>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1704260495191\"><strong class=\"schema-faq-question\">1Q: <strong>What is Guidance Value in Bangalore?<\/strong><\/strong> <p class=\"schema-faq-answer\"><strong><em>Ans: <\/em><\/strong>The Guidance Value in Bangalore, also known as the Ready Reckoner (RR) rate or Circle rate in other states, is the minimum amount a homebuyer must spend for a property. It is determined by the Department of Stamps and Registration, Karnataka.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1704260528773\"><strong class=\"schema-faq-question\">2Q: <strong>How is Guidance Value calculated in Bangalore?<\/strong><\/strong> <p class=\"schema-faq-answer\"><strong><em>Ans:<\/em><\/strong> To calculate Guidance Value, visit the KAVERI website, and select district, taluka, area, and property details. The values are displayed on the screen. The value is revised annually by the state government to bridge the gap with market rates.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1704260568273\"><strong class=\"schema-faq-question\">3Q: <strong>What factors affect Bangalore&#8217;s Guidance Value?<\/strong><\/strong> <p class=\"schema-faq-answer\"><strong><em>Ans:<\/em><\/strong> Guidance Value is influenced by demand and supply, amenities, infrastructure, and government policies. Areas with high demand, good amenities, and infrastructure tend to have higher Guidance Values.<\/p> <\/div> <\/div>\n\n\n\n<div class=\"wp-block-group has-background\" style=\"background-color:#dbdbdb\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<h2 class=\"has-text-align-center wp-block-heading\"><span class=\"ez-toc-section\" id=\"Latest_Blogs\"><\/span><strong><span class=\"has-inline-color has-vivid-red-color\">Latest Blogs<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group has-background\" style=\"background-color:#e8e8e8\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\"><ul class=\"wp-block-latest-posts__list is-grid columns-3 wp-block-latest-posts\"><li><div class=\"wp-block-latest-posts__featured-image\"><a href=\"https:\/\/bigproperty.in\/blog\/rental-agreement-rules-india-notice-period-deposit-2026\/\" aria-label=\"Rental Agreement Rules 2026: Notice Period, Security Deposits &amp; Tenant Rights\"><img decoding=\"async\" width=\"300\" height=\"168\" src=\"https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-2-300x168.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"rental agreement rules india\" style=\"\" srcset=\"https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-2-300x168.jpg 300w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-2-768x429.jpg 768w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-2-752x420.jpg 752w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-2-150x84.jpg 150w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-2-696x389.jpg 696w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-2.jpg 1024w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/bigproperty.in\/blog\/rental-agreement-rules-india-notice-period-deposit-2026\/\">Rental Agreement Rules 2026: Notice Period, Security Deposits &amp; Tenant Rights<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image\"><a href=\"https:\/\/bigproperty.in\/blog\/tellapur-vs-kollur-real-estate-investment-comparison-2026\/\" aria-label=\"Tellapur vs. Kollur: Which is the Best Real Estate Investment in 2026?\"><img decoding=\"async\" width=\"300\" height=\"168\" src=\"https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/tellapur-vs-kollur-real-estate-300x168.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"tellapur vs kollur real estate\" style=\"\" srcset=\"https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/tellapur-vs-kollur-real-estate-300x168.jpg 300w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/tellapur-vs-kollur-real-estate-768x429.jpg 768w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/tellapur-vs-kollur-real-estate-752x420.jpg 752w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/tellapur-vs-kollur-real-estate-150x84.jpg 150w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/tellapur-vs-kollur-real-estate-696x389.jpg 696w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/tellapur-vs-kollur-real-estate.jpg 1024w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/bigproperty.in\/blog\/tellapur-vs-kollur-real-estate-investment-comparison-2026\/\">Tellapur vs. Kollur: Which is the Best Real Estate Investment in 2026?<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image\"><a href=\"https:\/\/bigproperty.in\/blog\/low-budget-middle-class-indian-bedroom-design-ideas\/\" aria-label=\"15 Low-Budget Middle Class Indian Bedroom Design Ideas (2026)\"><img decoding=\"async\" width=\"300\" height=\"168\" src=\"https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-1-300x168.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"low budget middle class indian bedroom design\" style=\"\" srcset=\"https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-1-300x168.jpg 300w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-1-768x429.jpg 768w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-1-752x420.jpg 752w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-1-150x84.jpg 150w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-1-696x389.jpg 696w, https:\/\/bigproperty.in\/blog\/wp-content\/uploads\/2026\/03\/unnamed-1.jpg 1024w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/bigproperty.in\/blog\/low-budget-middle-class-indian-bedroom-design-ideas\/\">15 Low-Budget Middle Class Indian Bedroom Design Ideas (2026)<\/a><\/li>\n<\/ul><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Guidance Value in Bangalore is governed by the Department of Stamps and Registration, Karnataka. It is also known as the Ready Reckoner (RR) rate or the Circle rate in other states. Guidance Value is calculated for both land parcels and built-up buildings. In the case of plots, the value is calculated based on the available [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":13106,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2829,18],"tags":[4686,4682,4683,4687,4681,4684,4685],"class_list":{"0":"post-13105","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bangalore","8":"category-locality-news","9":"tag-bangalore-development-authority","10":"tag-bangalore-property-guidance-value","11":"tag-bangalore-property-guideline-value","12":"tag-bda","13":"tag-guidance-value-in-bangalore","14":"tag-guidance-value-increase-in-bangalore","15":"tag-guideline-value-as-on-1-4-2001-bangalore"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bangalore&#039;s Guidance Value 2024 : Calculations, Property 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Sai Krishna's expertise traverses various realms, from real estate and finance to business, health, taxation, education, and beyond. Passionate about staying abreast of India's evolving real estate landscape, Sai Krishna's interests extend to reading and exploring new destinations.\"","url":"https:\/\/bigproperty.in\/blog\/author\/sai-krishna\/"},{"@type":"Question","@id":"https:\/\/bigproperty.in\/blog\/bangalores-guidance-value-2024-calculations-property-transactions\/#faq-question-1704260495191","position":1,"url":"https:\/\/bigproperty.in\/blog\/bangalores-guidance-value-2024-calculations-property-transactions\/#faq-question-1704260495191","name":"1Q: What is Guidance Value in Bangalore?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"<strong><em>Ans: <\/em><\/strong>The Guidance Value in Bangalore, also known as the Ready Reckoner (RR) rate or Circle rate in other states, is the minimum amount a homebuyer must spend for a property. It is determined by the Department of Stamps and Registration, Karnataka.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/bigproperty.in\/blog\/bangalores-guidance-value-2024-calculations-property-transactions\/#faq-question-1704260528773","position":2,"url":"https:\/\/bigproperty.in\/blog\/bangalores-guidance-value-2024-calculations-property-transactions\/#faq-question-1704260528773","name":"2Q: How is Guidance Value calculated in Bangalore?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"<strong><em>Ans:<\/em><\/strong> To calculate Guidance Value, visit the KAVERI website, and select district, taluka, area, and property details. The values are displayed on the screen. The value is revised annually by the state government to bridge the gap with market rates.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/bigproperty.in\/blog\/bangalores-guidance-value-2024-calculations-property-transactions\/#faq-question-1704260568273","position":3,"url":"https:\/\/bigproperty.in\/blog\/bangalores-guidance-value-2024-calculations-property-transactions\/#faq-question-1704260568273","name":"3Q: What factors affect Bangalore's Guidance Value?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"<strong><em>Ans:<\/em><\/strong> Guidance Value is influenced by demand and supply, amenities, infrastructure, and government policies. 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