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Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
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10 percent cut in real estate guidance value

Bengaluru: In a New Year gift, the Karnataka Government yesterday reduced the guidance value of immovable properties across the State by 10 percent for three months from January 1, 2022. Revenue Minister…

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Published January 2, 2022 · 2 min read
10 percent cut in real estate

Bengaluru: In a New Year gift, the Karnataka Government yesterday reduced the guidance value of immovable properties across the State by 10 percent for three months from January 1, 2022.

Revenue Minister R. Ashoka said the State Government has reduced the guidance value for the purchase of property, whether it is revenue land, site, building, or a flat, by 10 percent, which would be applicable across Karnataka up to March 31, 2022.

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