A popular residential and commercial locality in Bangalore, Indiranagar is located in the eastern part of Bangalore. This place is named after the former Indian Prime Minister, Indira Gandhi and is well-known for its commercial establishments.
See also: What is the guidance value in Rampura, Bangalore?
What is guidance value?
Guidance value is the minimum property value set by the government. It is also known as the circle rate or the ready-reckoner rate.
Guidance value: Factors on which it is based
- Amenities
- Connectivity
- Location
- Infrastructure
- Market demand
- Property usage– residential, commercial and industrial
- Property configuration
How to check the Indiranagar guidance value offline?
- Visit the local sub-registrar’s office for the Indiranagar jurisdiction.
- Ask the registrar for a copy of the guidance value of Indiranagar.
How to check the Indiranagar guidance value online?
- Log on to Karnataka’s Kaveri portal at https://kaverionline.karnataka.gov.in/.
- Under ‘Services for Guest User’, click on ‘Know Your Property Valuation’.
- Enter all the required details.
- You will get the required information.
Indiranagar guidance value per sqft
Residential – Rs 1,750-11,680 per sqft
Commercial – Rs 2,100-14,016 per sqft
Non-agriculture – Rs 675-16,800 per sqft
Why should you invest in Indiranagar?
Indiranagar shares excellent connectivity to other parts of Bangalore through various modes of transportation. The Indiranagar Metro Station, part of Bangalore Metro’s Purple Line connects
Indiranagar to neighbouring areas of CV Raman Nagar, Koramangala, Domlur, HAL and Murgeshpalya.
The major commercial hubs of Indiranagar are the 100 Feet Road and the 12th Main Road. This locality is laced with parks and gardens, including the Indiranagar Park, the BDA Complex Park and the Namma Metro Park. Popular shopping destinations include the 1 MG Lido Mall, the Garuda Mall and the CMH Road Market.
Residential prices in Indiranagar
According to Housing.com, the average price for buying an apartment in Indiranagar is Rs 16,275, with the price range being Rs 3,976-37,925 per sqft. The average rent here is Rs 45,337, with the price range being Rs 11,000-Rs 2 lakh.
FAQs
What is guidance value?
Designated by the state government, the guidance value is the minimum property price for an area.
How do you find a circle rate in Indiranagar?
You can check the circle rate under ‘Know Your Property Valuation’ on the Kaveri portal.
Who fixes the guidance value in Indiranagar?
The Karnataka state government fixes the guidance value in the state.
Can guidance value be lower than the market rate at Indiranagar?
Yes, the guidance value can be lower than the market rate of a property.
Which portal should you log in to check the online guidance value?
The Kaveri portal provides all the details about the guidance value for locations in Karnataka.
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With 16+ years of experience in various sectors, of which more than ten years in real estate, Anuradha Ramamirtham excels in tracking property trends and simplifying housing-related topics such as Rera, housing lottery, etc. Her diverse background includes roles at Times Property, Tech Target India, Indiantelevision.com and ITNation. Anuradha holds a PG Diploma degree in Journalism from KC College and has done BSc (IT) from SIES. In her leisure time, she enjoys singing and travelling.
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