GUIDANCE VALUES IN BANGALORE URBAN DISTRICT REVISED FROM TODAY


THE REVENUE DEPARTMENT HAS REVISED THE GUIDANCE VALUE FOR BANGALORE URBAN DISTRICT PROPERTIES  WHICH COMPRISES, BANGALORE NORTH, SOUTH, EAST AND ANEKAL TALUKS WITH EFFECTIVE FROM TODAY.  THE INCREASE OF THE PROPERTY VALUES IS IN THE RANGE OF A MINIMUM OF 20% TO 200%.  NATURALLY THE PROPERTY PRICES GOES UP BY 2% TO 5% DEPENDING UPON THE VALUE AND INCREASE.

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24 comments

  1. ashish · September 26, 2011

    Can you please confirm the above news?

    Can you share any formal letter from bbmp or concerned authority about the increase in guidance value.,
    i have my flat registeration on 12th oct,will it affect my payment?

    • ecopackindia · September 26, 2011

      Dear Sir,
      We publish confirmed news only.
      Get a Gazette copy.
      Yes.
      ecopackindia team

  2. Suneel Padavala · September 26, 2011

    Hi,
    We are seeing this news only in ecopackindia. Why there is news about this from any other media?
    Can you please confirm if the above information is true?

    • ecopackindia · September 26, 2011

      Dear Sir,
      Check the media. We do not publish rubbish news. Get a Gazatte copy for confirmation.
      ecopackindia team

      • Suneel Padavala · September 26, 2011

        Dear Sir,
        Thanks for fast reply. Can you please let me know if this news is confirmed from any other media?
        Because, I am searching in google, I am not finding any news from any other site.
        Thanks
        Sunele

      • ecopackindia · September 26, 2011

        Dear Sir,
        Get a Gazette copy, if you want confirmation.
        ecopackindia team

      • ecopackindia · September 26, 2011

        Dear Sir,
        Please check the Times Of India and Prajavani Newspapers for the official message on Revised guideline value, which is effective from 26-09-2011- the day we published the news.
        You can read and confirm.
        ecopackindia team

  3. Rajat · September 26, 2011

    Can you tell me what is the new revised gudance value rate for whitefield?

    • ecopackindia · September 26, 2011

      Dear Sir,
      There are over 200 entries for every area and type in whitefiled and is difficult to publish all of it.
      check the gazette.
      ecopackindia team

  4. Rajat · September 26, 2011

    Thanks … can you please point me to the link of Gazatte?

    • ecopackindia · September 26, 2011

      Dear sir,
      It is not available.
      ecopackindia team

  5. Amit Kumar · September 26, 2011

    Dear All @ Ecopack

    sometime back there was a news in the market that the stamp duty for proprty registration may go down along with increase in guidance value. Request you to let me know if you have any update on the same.

    Regards

    Amit

    • ecopackindia · September 26, 2011

      Dear Sir,

      There were not any such news in the market nor was there any proposal in this regard.
      ecopackindia team

  6. dubey · September 26, 2011

    Hi,

    I have purchased a flat at panathur,kaverappa layout,bangalore. it comes in to varthur subregistrar office.today builder told that market value is increased,previously market value was 1000 and now it became 1500,my super build up area is 1433 sqft and car parking charges is 150000,so builder is charging 50,000 rs.more for registration
    could you please confirm it,and please help in this regard,is it true?

    Thanks

    • ecopackindia · September 26, 2011

      Dear Sir,
      Yes. The Govt has revised the guidance value. Yes. It is true. But we do not know the exact value of the property mentioned.
      1433sftXRs1500/- =Rs21,49,500/- and the st and rf is 7.72%=Rs1,69,541-40 or 1,69,542/-.
      ecopackindia team

  7. Ravindra · September 26, 2011

    Dear sir,
    I have booked a plot at bannerghatta rd near nisargalayout(mahantaligapura village-bannerghatta sub register office) for 9.6lacs,how much registration charge i have to pay now? .
    Is we have to do registration with market value or Govt value?
    Thanks

    • ecopackindia · September 26, 2011

      Dear Sir,
      The Stamp Duty is 6.78% of the guidance value or consideration value whichever is higher.
      The RF 1%.
      ADVICE: REGISTER THE PROPERTY AT THE ACTUAL VALUE BOUGHT OR THE ACTUAL AMOUNT PAID. PAY ALL THE AMOUNTS THROUGH CHEQUE OR DD. DO NOT PAY ANY CASH. ALL TRANSACTIONS MUST BE ENTERED CLEARLY IN THE SALE DEED.
      ecopackindia team

  8. suvarna · September 26, 2011

    Dear sir,
    Other than stamp duty and RF charges any other hidden charges during registration? .
    My developer is asking me to pay fees for Khata transfer and EC ,my land cost is 10lacs according to your calculation if i registered at actual value bought then it should be around 78 thousand but he is demanding 1.1lacs.
    whether i need to pay that much ?.

    • ecopackindia · September 26, 2011

      Dear Sir,
      If the titles are clear and if the builder has complied with all the statutory requirements, you can demand clarification. If everything is legal and clear, why pay? if not, ???????????????? Payment of rs1.10 is at your discretion.
      ecopackindia team

  9. Dhakshayani.g · September 26, 2011

    I would like to know the Guideline value for 10 Downing Villa, Kannamangala Village, Bidarahalli Hobli, Bangalore East Taluk

    • Dhakshayani.g · September 26, 2011

      When can I expect the reply

      • ecopackindia · September 26, 2011

        Dear Ms.Dakshayani,
        We regret to state that we do not provide this service.
        ecopackindia team

  10. Narasimharao Pv · September 26, 2011

    Can i register my property with the actual value? suppose as per new guidance value sqft rate is 5000 and i booked my flat at 4000 per sqft..which value registar should consider? New guidance value(5000) or the booked value(4000)? Please clarify..

    Thanks in advance

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