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Real Estate Forum on Guidance Value

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Q: The state government has fixed the premium floor area fee payable by property owners/builders along the 500-metre radius of Namma Metro. Why so?
Latest Answer: It is really very confusing :( How this premium floor area fee at 60 percent of the guidance value per sqft or per floor area ration is calculated?
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Q: How property valuation cell in Karnataka going to help the real estate market?
Latest Answer: The sole purpose of the Karnataka state government for proposing a permanent valuation cell is to give the guidance value revision process an extra edge. With the functioning of the property cell, it will be easy to keep a track of the property values and offer suggestion on guidance value revision at regular intervals.
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