Those buying a property in Bangalore should be aware of the revised guidance value of land and property to arrive at a ballpark figure to understand their monetary needs in future. If you are planning to buy a property in Basavanagudi, Bangalore, this guide will provide you with an area-wise breakup of the revised guidance value of properties in the locality in 2024.
Revised guidance value 2024 Basavanagudi, Bangalore in per square meter (sqm)Â
Gandhi Bazaar: Rs 1,50,000
DVG Road: Rs 1,25,000
Sowmya Springs Apartment PID No. 59-28-2/13: Rs 94,400
Ananda Apartment 5th Main KG Nagar, Basavanagudi: Rs 1,06,440
Marques Apartments No 98 Basavanagudi: Rs 1,06,400
Brindavan Apartment: Rs 96,200
Shreshta Bhoomi Apartment: Rs 98,000
Patalamma Road: Rs 1,22,000
Puttanna Road: Rs 1,02,000
Krishna Residency: Rs 67,100
Lakshmi Residency PID No. 51-4-41/3: Rs 67,100
Dewan Madhav Rao Road: Rs 1,25,000
Mohammedan Block: Rs 75,000
Dr. Oomar Shariff Road (New Addition): Rs 75,000
Khaji Street: Rs 75,000
Ranoji Rao Road: Rs 75,000
Vani Vilas Road: Rs 1,25,000
Old Veterinary Hospital Road (New Addition): Rs 70,000
Vani Vilas Cross Road: Rs 1,04,000
Bull Temple Road: Rs 1,40,000
Parshwanath Apartment PID No. 49-6-109/1: Rs 1,03,900
Platinum Anand Apartment: Rs 1,03,900
Brindavan Mansion Apartment: Rs 89,600
Pranag Arch: Rs 89,600
Bull Temple Cross Road: Rs 1.20,000
Surveyor Street: Rs 90,000
Surveyor Street Cross Road (New Addition): Rs 80,000
Govindappa Road: Rs 90,000
Govindappa Cross Road (New Addition): Rs 80,000
Symbiosis Royal Apartment PID No. 50-28-1/1: Rs 70,900
KR Road: Rs 1,40,000
Shop Street (Angadi Beedi): Rs 91,000
Srirama Mandir Road: Rs 90,000
Rathna Vilas Road: Rs 1,25,000
Symbiosis Sai Apartment: Rs 81,800
Champak Regency Apartment: Rs 81,800
Kanakapura Road (S Kariyappa Road): Rs 1,66,000
Kanakapura Road (S Kariyappa Road towards Yediyur Road) Commercial: Rs 3,66,000
Bombay House Apartment PID No. 50-31-55/17: Rs 86,400
Chitny’s Accent Royal Apartment: Rs 86,400
Pranav Radhakrishna Tranquil Apartment PID No. 47- 72-67: Rs 86,400
Ashok Parva Apartment: Rs 86,400
Brigade Classic Apartment PID No. 59-21-43/2-1: Rs 100,700
South End Road: Rs 1,66,000
Premier Grihalakshmi Apartment (South End Road PID No. 59-23-90 Ward No. 59): Rs 82,600
East Anjaneya Temple Road: Rs 1,00,000
Vedanth Nilaya Apartment: Rs 67,800
Mithila Apartment: Rs 67,800
West Anjaneya Temple Road: Rs 1,00,000
North Anjaneya Temple Road: Rs 1,00,000
Model House Road: Rs 1,00,000
Millennia Ventures: Rs 70,800
BP Wadia Road: Rs 1,00,000
Kumara Paradise: Rs 79,500
Brigade Park View Apartment PID No. 154-W0059-20: Rs 79,500
Swamy Towers: Rs 79,500
Sannidhi Road: Rs 1,00,000
East End Road: Rs 1,06,000
HB Samaja Road: Rs 1,04,000
HB Samaja Cross Road (New Addition): Rs 1,02,000
Church Street: Rs 1,00,000
Sycon Heritage Apartment: Rs 79,500
Shraddhananda Bhavan Road: Rs 1,00,000
Shraddhananda Bhavan Cross Road (New Addition): Rs 90,000
Market Road: Rs 1,00,000
Modaliar Road: Rs 1,00,000
Diagonal Road (Minarva Circle to Sajjan Rao Circle): Rs 1,10,000
National High School Road: Rs 1,10,000
Patalamma Temple Street Road: Rs 110000
Rashtreeya Vidhyalaya Road: Rs 1,10,000
Kalappa Block (B Gudi): Rs 1,00,000
How to check guidance value in Basavanagudi?
Step 1: Visit the official IGR Karnataka website at:
Step 2: On the home page, you will find the option Revised Guidance Value. Once you Click on it, you will find the list of cities. Click on Basavanagudi.
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Step 3: You will get an exhaustive PDF file of the revised guidance value in Basavanagudi and all other areas.
Stamp duty in Basavanagudi for men in 2024
| Property cost | Stamp duty for men |
| Property above Rs 45 Lakh | 5% |
| Property between Rs 21 Lakh and Rs 45 Lakh | 3% |
| Property up to Rs 20 Lakh | 2% |
Stamp duty in Basavanagudi for women in 2024
| Case | Stamp duty rate in Karnataka | Registration charges in Bangalore/ Karnataka |
| When a man, woman, or joint owners (regardless of gender) buy the property | 3% on properties up to Rs 45 Lakh
2% on properties less than Rs 20 Lakh |
1% of the property value |
Registration charges for men/women in Basavanagudi, Bangalore in 2024
| Property cost | Registration charge |
| Property above Rs 45 Lakh | 1% |
| Property between Rs 21 Lakh and Rs 45 Lakh | 1% |
| Property up to Rs 20 Lakh | 1% |
See also: All about gift deed stamp duty
How to calculate stamp duty and registration fee?
Step 1: Visit the Kaveri Online Services portal.
Step 2: Click on ‘Stamp duty & registration fee calculator’ on the Kaveri homepage as shown in the image below.
Step 3: A new page will open that would ask you to select from various options the ‘nature of document’. Once you select your option from the dropdown menu, hit on ‘show details’ button.
Step 4: After doing this, the page will ask you to fill in additional details like the region, and the market value of the property and the consideration amount. After filling in all this information, hit the ‘calculate’ button. The stamp duty and registration charges for the property transaction would be visible on your screen as shown in the picture below.
See also: How to use various services on Kaveri portal?
Should you buy a property in Basavanagudi, Bangalore?
Located in south Bangalore, Basavanagudi is one of the oldest areas in the IT capital of India. It is a perfect mix of commercial and residential structures in the backdrop of offering cultural association and modern infrastructure. Named after the famous Bull Temple it hosts, Basavanagudi offers a well-developed social infrastructure, making it one of the most affluent areas in the city. This area is a home to many celebrities in Bangalore. Home to some of the most prestigious educational institutes and world-renowned temples, the area mostly offers luxury houses. Investing here might not be everyone’s cup of tea, considering the higher ticket size of the property. However, like all established areas, buying a property here has a great deal of social value.
FAQs
What is guidance value?
Guidance value is the state government-prescribed minimum value of a property.
Is guidance value the same as circle rate?
Yes, guidance value is the same as circle rate.
What is stamp duty?
Stamp duty is a tax levied on document registration.
Which are those documents on which the central government levies stamp duty?
The central government can only levy stamp duty on the Bill of Exchange, Cheques Promissory Note, Bill of Landing, Letter of Credit Policy of Insurance, Transfer of Shares, Debenture Receipt, etc.
Which are those documents in which the state government can levy stamp duty?
There are 55 articles described in the Schedule of the Karnataka Stamp Act, 1957 for which the state government prescribes stamp duty. These include affidavit, adoption deed, sale deed, gift deed, lease deed, mortgage, license, partition deed, settlement deed, etc.
Can a stamp paper used for one purpose be used for another transaction?
No, a stamp paper used for one purpose cannot be used for another purpose.
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