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guidance value of Bangalore property

Govt Rate for UB Towers flats a Sharp Decline of 200 per cent

Govt Rate for UB Towers flats a Sharp Decline of 200 per cent
The selling rate of apartments at UB Towers is Rs 30,000 to Rs 33,000 a sq ft. But the guidance value, released recently by the government’s stamps and registration department, puts the revised rate at Rs 10,000 to Rs 11,000 per sq ft. This shows that there is a sharp decline of whopping 200 per [...] Continue Reading »

Buying Bangalore property may become costlier with increase in the guidance value for properties

Buying Bangalore property may become costlier with increase in the guidance value for properties
The guidance value of properties in Bangalore hiked. The revision had not taken place in the past four years and difference between guidance value and market value was huge. The government was incurring a huge loss in revenue as guidance value was not on a par with market value. Currently, the guidance value revision is [...] Continue Reading »



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