If you're buying a home at Birla Evara on Sarjapur Road, you might come across the term "Guidance Value." But what does it mean, and why is it important?
Guidance Value is the minimum price per square foot set by the Government of Karnataka for property registration. It is also known as:
This rate is fixed by the sub-registrar's office and varies by location, road, and property type (residential or commercial).
Birla Evara is located in a premium residential zone on Sarjapur Road, Bangalore. The guidance value in this area typically ranges from ₹4,800 to ₹6,000 per sq. ft., depending on the exact location and project specifications.
However, the actual market rate for Birla Evara is higher since it's a luxury gated community with premium amenities. But for registration, your stamp duty and registration charges are calculated based on the greater of two values:
Here's why the guidance value at Birla Evara matters to buyers and investors:
You can check the guidance value for Birla Evara and other properties using these steps:
Let's say:
Then:
Total Guidance Value = 1,275 × ₹5,000 = ₹63,75,000
Stamp duty (5%) = ₹3,18,750
Registration fee (1%) = ₹63,750
These charges must be paid even if your actual apartment cost is higher.
No. Here's the difference:
Term | meaning |
Guidance Value | Minimum value set by the govt. |
Market Price | Actual selling price by the builder |
At Birla Evara, the market price is often higher because of location, amenities, and brand value.
The Guidance Value at Birla Evara is a key factor in your total cost calculation. It affects how much you'll pay in registration and stamp duty charges.
Before finalizing your purchase, always check the latest guidance value online or ask the Birla Evara sales team for the most recent update.
Understanding guidance value = smarter investment decisions.
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