Sub registrar Guidance Value in Bangalore: All about guideline values in Bengaluru


The minimum value at which a property can be registered is its guidance value, which is published by the Department of Stamps and Registration of every state, every year

Sub registrar guidance value in Bangalore 2022

For the second consecutive time, Karnataka government has reduced the property sub registrar guidance value in Bangalore by 10% for three months- from April 25, 2022 to July 24, 2022. “We reduced the stamp registration charges during the difficult times of COVID. As we slashed (guidance value) by 10 per cent (since January 1), more registrations have happened. The government has also generated revenue and the public benefited,” said Ashoka.

Owing to people’s demand, Kaveri online guidance value has been reduced for another 3 months. This will also be applicable for sale and purchase of all kinds of properties.

In a bid to encourage purchase of all kinds of property – land, site, building or flat – the Karnataka government, on January 1, 2022, slashed the property guidance value across the state by 10% for the next three months. “This is an offer for those who are pushing time with the General Power of Attorney (GPA) and agreements on properties. Also, guidance value Bangalore reduction is for those who are planning for property registrations. This will be effective from January 1 till March 31, 2022,” said Karnataka Revenue minister, R Ashoka.  While the reduction in guidance value Bangalore move will impact the government’s revenue, it will benefit the common people.

While the Kaveri online guidance value is among the largest source of revenue for the state, any increase or any decrease in guidance value can have a direct impact on the cost of the property. The stamps and registration department revises the guideline value bangalore from time to time and much study goes into keeping the guideline value bangalore rates as close as possible to the market value of properties so as to avoid any instances of black money and cash transactions that can affect the revenue.

In a proposed decision to be applicable from FY 2021-2022, the Urban Development Department has directed the BBMP to adopt the ‘guidance value’ method instead of the ‘unit area value’ method, to calculate property taxes. However, it is expected that the adoption of the new guidance value method may be postponed till the economy stabilises.

Prospective buyers can know the latest property, government land rates in Bangalore in 2021 and also get a guidance value Bangalore 2020-21 pdf download by visiting the relevant government website. The Kaveri website for guidance value calculation has simplified the process for property owners in Bangalore.

 

 

Sub registrar guidance value in Bangalore 2022: Basic facts you should know

The terms guidance value or guideline value are used interchangeably and refer to the same value. Different states may use one or the other. People may usually search for one or the other term, depending on which state they belong to. Other names by which people usually identify guidance value Bangalore or guideline value bangalore, include ‘Ready Reckoner rate’ or RR rate, which is widely used in states like Maharashtra and ‘Circle Rate’, which is a term often used in Delhi, Noida, etc.

Some of the facts about the guideline value Bangalore are:

  • Guidance value or guideline value is like a fixed price of the property. It cannot go below this value.
  • Even if you buy a property at a lower value, you will still be required to pay the stamp duty at the guidance value. Not just that, Section 56(2)(vii)(b) of the Income Tax Act, 1961 says that if stamp duty value exceeds the purchase consideration, then, the difference between the stamp duty value and the purchase consideration will be treated as Income from other Sources.
  • If the sale of the property has happened at a higher value than the BBMP guidance value 2021, registration takes place as per the higher value.
  • A well-developed and established locality may have a higher guidance value. The same value will be lower in areas that are early-on in the development cycle.
  • Note that guidance value is just a benchmark. A home buyer cannot persuade the property seller to sell at the guidance value.
  • The property can be sold at any price between the guidance value and the market value, if the latter is higher, without any additional tax implications.
  • If you see a property being sold for less than the guidance value, check its documentation and details. The developer may be doing so to save on tax.

Now that you are familiar with the term, let us see how such values are calculated. Let’s take the example of Bengaluru.

One should check the latest guideline value Bangalore before investing in a property in the city. When getting property transactions registered at the sub registrar office, sub registrar guidance value in Bangalore 2022 will help determine the stamp duty and registrations charges you will be paying.

Also read about TNREGINET guideline value

 

Sub registrar guidance value in Bangalore 2022: How to calculate?

Step 1: Visit the Kaveri website at  kaverionline.karnataka.gov.in to calculate sub registrar guidance value in Bangalore 2022.

 

 

What is Guidance Value?

 

Step 2: Opt for basic or advanced search to search for the guideline value.

Step 3: Type in details of district, area name, property usage type, property type, total area and measurement to calculate guideline value Bangalore. Other fields will be auto-populated and you will be shown a valuation of the building rate.

Step 4: Other details that you may want to enter are about the construction type, annexure rules, parking type etc. This will throw up a total valuation of the property.

 

What is Guidance Value?

 

If you are opting for an ‘advanced search’, you will have to enter extra information pertaining to the registration district and the SRO Office.

See also: All you need to know about Kaveri Online Services

Apart from the facility of calculating the guidance value in Bangalore 2020-21, the guidance value Bangalore 2020-21 pdf or online copy of the registered documents is also available on Kaveri website. Guidance value Bangalore 2020-21 pdf, guidance value Bangalore 2019-20 pdf download etc. can be done from the Kaveri online guidance value website.

Also read all about IGRS market value in Andhra Pradesh (AP)

 

Guidance value Bangalore example

Illustrating with a guidance value Bangalore example, Jairaj Reddy decides to buy a property with a market value of Rs 6,500 per sq ft. The sub registrar guidance value in Bangalore in that area is Rs 5,000 per sq ft. So, home buyers can register the property at a rate between Rs 5,000-6,500 per sq ft.

Now, suppose it was the other way around. That is, if the property was at the selling price of Rs 5,000 per sq ft but the sub registrar guidance value in Bangalore 2021 was Rs 6,500 per sq ft, Reddy would still have to register it at Rs 6,500 per sq ft, because it is the minimum value.

 

Sub registrar guidance value in Bangalore

AREA RATES (PER SQ MT)
VANI VILAS MARKET TO D. BANUMALAH CIRCLE ON SAYYAJI RAO ROAD RS 32,000
BANUMALAH CIRCLE TO K.R. CIRCLE RS 68,200
K.R. CIRCLE TO AYURVEDA HOSPITAL CIRCLE RS 1.15 LAKH
AYURVEDA HOSPITAL TO RMC CIRCLE RS 49,100
RMC CIRCLE TO HIGHWAY CIRCLE RS 32,600
KUMBARAKOPPAL MAIN ROAD RS.1,29,000
KUMBARAKOPPAL CROSS ROADS RS 9,600
KUMBARAKOPPAL INNER CROSS ROADS RS 9,900
KUMBARAKOPPAL COLONY RS 6,500
KUMBARAKOPPAL SOUTH SIDE RS 13,000
GOKULAM MAIN ROAD RS 38,400
GOKULAM CROSS ROAD RS 19,800
GOKULAM IST & 2ND STAGE RS 25,000
GOKULAM 3RD STAGE RS 28,000
GOKULAM 4TH STAGE RS 20,000
CONTOUR ROAD EWS RS 19,700
KARNATAKA SLUM DEVELOPMENT BOARD HOUSES RS 8,600
BOGADI 1ST & 2ND STAGE RS 28,000
JANATANAGAR RS 11,800
SRIRAMPURA 1ST STAGE RS 23,000
SRIRAMPURA 2ND STAGE RS 24,000
METAGALLI MAIN ROAD RS 18,300
HALE OORU RS 8,500
AMBEDKAR COLONY RS 3,500
B.M SRI NAGAR MAIN ROAD RS 10,100
B.M SRI NAGAR CROSS ROAD RS 8,300
KARAKUSHALANAGAR RS 5,400

 

Guidance Value Bangalore for agricultural land on per acre basis

AGRICULTURE LAND (KUSHKI) AT AJJAYYANAHUNDI RS 51 LAKH/ACRE
THARI LAND AT AJJAYYANAHUNDI RS 53 LAKH/ACRE
HOUSE SITES AT AJJAYYANAHUNDI RS 4,750/SQ.MT
HOUSE SITES APPROVED BY THE DEVELOPMENT AUTHORITY RS 10,900/SQ.MT
AGRICULTURAL LAND (KUSHKI) AT CHOWDAHALLI RS 30 LAKH/PER ACRE
AGRICULTURAL LAND AT AYARAHALLI RS 8.5 LAKH/ACRE
THARI LAND AT AYARAHALLI RS 9 LAKH/ACRE
GOVT UTHANAHALLI (MUDA LIMITS) RS 32 LAKH/ACRE
INAM UTHANAHALLI RS 8 LAKH/ACRE
AMCHAWADI VILLAGE IN YELWAL HOBLI RS 3.50 LAKH/ACRE
ANANDUR RS 20 LAKH/ACRE
YELWAL HOBLI MUDA LIMITS, MYSURU-HUNSUR ROAD RS 35 LAKH/ACRE
ANAGANAHALLI UNDER MYSURU WEST OFFICE LIMITS RS 8 LAKH/ACRE
ARASINAKERE RS 5 LAKH/ACRE
UDBUR (MUDA LIMITS) RS 22 LAKH/ACRE
KADAKOLA RS 35 LAKH/ACRE

 

Guidance Value Bangalore in prime areas

CUNNINGHAM ROAD (CHANDRIKA HOTEL TO BALEKUNDRI CIRCLE) RS 2,78,600
LAVELLE ROAD RS 2,07,900
M.G.ROAD, BRIGADE ROAD, RESIDENCY ROAD RS 1,95,500
12TH MAIN, HAL 2ND STAGE RS 1,11,800
DEFENSE COLONY, INDIRANAGAR RS 1,71,800
CMH ROAD, 1ST TO 12TH CROSS RS 1,43,200
9TH MAIN, JAYANAGAR RS 3,87,500
DOLLARS COLONY, RMV 2ND STAGE RS 1,84,000
SAMPIGE ROAD, MALLESHWARAM RS 2,05,000
SADASHIVANAGAR (C.V. RAMAN AVENUE TO BHASHYAM CIRCLE) RS 2,58,200
SANKEY TANK ROAD RS 2,70,000
DR. RAJKUMAR ROAD RS 1,61,500
ESI HOSPITAL ROAD, RAJAJINAGAR RS 1,10,000
NANDIDURGA ROAD RS 1,75,000
BANNERGHATTA MAIN ROAD (HOSUR ROAD TO DAIRY CIRCLE) RS 1,53,000
VITTAL MALLYA ROAD RS 2,08,900

 

See also: All about stamp duty charges and registration charges in Bangalore

 

Registration offices in Bengaluru-Urban (zone-wise)

Bengaluru east Bengaluru west Bengaluru north Bengaluru south
Indiranagar, BDA Complex, Bangalore 560050.,

Telephone: 25634517

No.488 B-Block, Karnataka Industrial Area Development Board Building, 14th cross 4th Phase, Peenya 2nd Stage, Bangalore 560058.

Telephone: 28366091

Sree Rundhreswara Chambers, Yelahanka New Town, Bangalore 560064.

Telephone: 22959367

SLN complex, Near RTS Bus Stand, Mysore Road, Kengeri, Bangalore 560060.

Telephone: 28484159

Domlur, BDA Complex, Bangalore 560038.,

Telephone: 25352907

Sri Rameshwara Temple Commercial Complex, Near Kannada Sahithya Parishat, IIIrd Main Road, Chamarajpet. Bangalore 560018.

Telephone: 26606641

K.R.Puram, Near Santhemaala, Bangalore 560036.

Telephone: 22959345

4th Block, Jayanagar, 12th Main Road, Near Jayanagar Complex, Bangalore 560041.

Telephone: 22959347

National Highway, Manjushree Chambers, K R Puram. Bangalore 560036,

Telephone: 28472677

19/B, 2nd floor, V.K.Iyengar Road, Gandhinagar, Bangalore 560009.

Telephone: 22959353

No.69. Cholanayakanahalli, R.T.Nagar Post, Bangalore 560032.

Telephone: 22959322

Taluk office premises, Mini Vidhana Soudha, Anekal, Bangalore 562106.

Telephone: 27841096

No.7402, 9th ‘A’ Main. II Cross, I block, HRBR Layout, Kalyan Nagar, Bangalore 560043,

Telephone: 22959335

Near Vijayanagara Bus Stand, 2nd Main Road, Srirampura, Bangalore 560040.

Telephone: 22959349

No.13, Laggere Main Road, Andanappa Building, Parvathi Nagar Bus Stand, Bangalore 560058. No.1105-9C, Begur Village,

Bangalore 560019.

Telephone: 22959328

No.4, Jatar Circle Road, Whitefield, Bangalore 560066,

Telephone: 22959342

5th Block, No 1034., Near Dhobi Ghat, Rajajinagar. Bangalore 560010.

Telephone: 22959350

No.25, D.M.Chambers, 3rd stage, RMEL Road, Jawaharlal Nehru Road, RajaRajeshwari Nagar, Bangalore 560098. Telephone: 22959329 No.1, Madanayakanahalli, Dasanapura Hobli, Bangalore.

Telephone: 22959325

RBMP Building, Near Ulsoor Lake, Tank Bund Road, Bangalore 560022.

Telephone: 22959369

No.40, IInd Stage, behind BDA Complex, Block I, Nagarabhavi, Bangalore.

Telephone: 22959315

Amrutha Nagara, Konanakunte.

Bangalore 560062.

Telephone: 22959330

Additional District Registrar, BDA Complex, Kumara Park West, Bangalore 560001.

Telephone: 22959343

1st floor, B M Complex, Mustandra Road, Opp. Dharmarayaswamy Temple, Varthur, Bangalore 560087.

Telephone: 22959198

No.11, I Main Road, Guttahalli,

Bangalore 560003.

Telephone: 22959357

No.4, Survey No. 33/4A, B H Road, Dasanapura Dakhle, Devannapalya, Bangalore North Taluka.

Telephone: 22959326

No.46, Next to Anjan Theatre, Magadi Road, Kempapura Agrahara, Bangalore 560023.

Telephone: 22959367

No.111, 9th Main Road, 3rd stage, Pillanna Garden, Kacharakanahalli, Bangalore 560045.

Telephone: 22959321

H C Puttaswamy Layout, Hesaraghatta, Bangalore North Taluk. Bangalore 560088.

Telephone: 28466100

Bangalore South Taluka, APCM Society, Kanakapura Road, Banashankari, Bangalore 560070.

Telephone: 22959331

NH-7, Opp. Police Station, Bellary Road, Bangalore North Taluk. Bangalore 562157.

Telephone: 28467474

No.1943, Tavarekere Kengeri Road, Tavarekere, Bangalore 562130.

Telephone: 28430714

No.70, 5th Main, Ganganagar, Bangalore 560 032.

Telephone: 22959359

No.430, Anna Building, Bommasandra Industrial Area, Hennagara Gate, Hosur Main Road, Attibele, Bangalore 560099. Telephone: 27836583
No.51/C, 3rd Main Road, Lorry Stand Godown Layout, APMC Yard, Yeshwanthpur, Bangalore 560022.

Telephone: 22959366

No 459/39/2, Bannerghatta Village, Opp. Police Station, Bannerghatta, Bangalore 560083. Telephone: 27828207
No.167-168, B T M Layout I Stage, Tavarekere Main Road, Bangalore 560076. Telephone: 22959360 No.2255, Karuna Complex, Sahakara Nagara, Rajarajeshwari Road, Bangalore 560092.

Telephone: 22959341

No.50/1. Church Street, Bangalore 560001.

Telephone: 22959354

 

Registration offices in Bengaluru-Rural (zone-wise)

Bengaluru east Bengaluru north Bengaluru south
Mini Vidhana Soudha, Hoskote, Bangalore Rural District 561203.

Telephone: 27934525

Taluk Office Premises. Devanahalli, Bangalore Rural District 562110.

Telephone: 27681021

Mini Vidhana Soudha Building, Magadi, Bangalore Rural District 562120.

Telephone: 27746750

Mini Vidhana Soudha Taluk Office, Doddabllapura, Bangalore Rural District 561203.

Telephone: 27626876

Taluk Office Premises, Mini Vidhana Soudha Building, Kanakapura, Ramanagar District 571511.

Telephone: 27255412

Mini Vidhana Soudha Building, Nelamangala, Bangalore Rural District 562123.

Telephone: 27724110

Taluk Office Premises, Old B M Road, Ramanagar, Bangalore Rural District 571511.

Telephone: 27276270

Taluk Office Premises, B M Road, Channapatna. Bangalore Rural District 571501.

Telephone: 27255412

 

FAQs

Should I register property at guidance value or market value?

You can register the property at the sub registrar guidance value if it’s lower than the selling price of the property. But if your property cost you less than the guidance value, you cannot choose to register at the lesser value. Sub registrar guidance value in Bangalore is the minimum benchmark.

Why are there different Guidance Values of a property in the same city?

A number of reasons determine how much the guidance value is. For example, guidance value depends on the floor, building, locality, amenities, parking space, etc.

Where do I find information regards guidance value in Bengaluru?

You can approach the respective sub registrar office regarding guidance value in Bangalore for more details or refer to the numerous online websites for related information.

Are guidance and guideline values the same?

Guidance value is also referred to as guideline value. It is the minimum value at which a property registration takes place.

(Additional Inputs: Sneha Sharon Mammen)

 

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