Buying your first apartment is equal parts exciting and overwhelming. Between shortlisting projects, arranging home finance, and preparing for registration, it helps to understand how the state’s notified “guidance value” influences paperwork, taxes, and your final cash outlay in 2025.
What the Guidance Value Means
Guidance value—often called circle rate or ready-reckoner rate—is the government-notified minimum price per unit area for land and buildings. It acts as a valuation floor for property registrations, promoting transparency and reducing undervaluation. For first-time buyers, learning how this number is set and applied in your micro-location is essential because, in practical terms, guidance value bangalore determines the base on which many statutory costs are calculated.
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