Karnataka Guideline Value

We procure and compile the official Guideline Value information for your property. Your detailed report is delivered via email within 1-2 working days.

The Guideline Value is the minimum value of a property fixed by the state government. In Karnataka, it's the lowest price at which a property can be legally registered in a specific locality. It's also known as the Circle Rate.

You need to provide the property's location details (District, Taluk, Hobli, Village/Area) and the specific property type (e.g., residential flat, agricultural land, commercial building).

Guideline Value is the minimum rate set by the government for legal and tax purposes. Market Value is the actual price a property can sell for, determined by factors like location, amenities, demand, and negotiation. The Market Value is usually higher.

Stamp duty and registration fees are calculated on whichever amount is higher—the Guideline Value or the actual sale price. This is a legal requirement to prevent undervaluation of properties.

The government sets the value based on several factors, including the location's development, property type (commercial vs. residential), proximity to infrastructure like roads and metro stations, and overall market trends.

The Department of Stamps & Registration periodically revises the value to align it with market rates. The last major revision in Karnataka was on October 1, 2023, which saw a significant increase across the state.

No. It is illegal to register a property for a transaction value that is lower than the official Guideline Value. The registration must be based on the Guideline Value at minimum.

Yes. The valuation method differs. For apartments, it's often a composite value including the undivided share of land and construction cost. For plots, it's based on the land area (per sq. ft. or sq. m.).

The data is sourced directly from the official records of the Karnataka Department of Stamps & Registration, the same authority that manages the Kaveri portal, ensuring complete accuracy.

If the Guideline Value is significantly higher than the actual sale price, the difference may be treated as "notional income" for both the buyer and the seller under the Income Tax Act, which could lead to a higher tax liability.