BANGALORE PROPERTY REGISTRATION VALUES


THE REVISED CIRCLE RATES/MARKET RATE/GUIDANCE VALUE FIXED BY THE VALUATION COMMITTEE WILL BE EFFECTIVE FROM 08-08-2013.

THE NEW PROPERTY VALUES WILL FORM THE BASIS FOR THE CALCULATION AND PAYMENT OF STAMP DUTY AND REGISTRATION FEE AT THE TIME OF REGISTRATION.  THIS GUIDANCE VALUE IS THE FAIR MARKET VALUE AS PER THE FINANCE ACT AND IT WILL BE CONSIDERED AS THE PROPERTY VALUE BY THE INCOME TAX DEPARTMENT FOR ITS EVALUATION AT THE TIME OF ASSESSMENT.

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