What is the circle rate in Bangalore?

2 min

Circle rate or guidance value is the minimum limit set by the government for real estate transactions and property registration. In Bangalore, the Department of Stamps & Registration notifies these rates. They were revised on 1st January 2019. The revision saw a significant overhaul, with agricultural land in different localities of the city witnessing an increase of 5% to 25%.

The circle rate is applicable to constructed property as well as plots and helps determine the stamp value. The rate also helps determine a property’s value to avail mortgage advances like loan against property. For this reason, it is important to know the applicable rate for different regions. To that end, take a look at the following table.

Did you know that the circle rate in Bangalore plays a crucial role in determining your property’s market value? If you are a property owner, you can leverage this valuation to secure a loan against property and unlock funds for your financial needs. With competitive interest rates, it is an ideal way to turn your property into an asset that works for you. Get loan of up to Rs. 10.50 crore against your property within 72 hours* of the approval.

Circle rate in Bangalore for different areas

Areas/Localities in Bangalore

Applicable circle rate (In Rs./sq. metres)

Banumaiah Circle to KR Circle

68,200

Ayurveda Hospital to RMC Circle

49,100

Kumbarakoppal Cross Roads

9,600

Kumbarakoppal South Side

13,000

Gokulam Cross Road

19,800

Gokulam Third Stage

28,000

Contour Road EWS

19,700

Bogadi First & Second Stage

28,000

Srirampura First Stage

23,000

Metagalli Main Road

18,300

Ambedkar Colony

3,500

B.M. Sri Nagar Cross Road

28,000

Vani Vilas Market – D. Banumaiah Circle

32,000

K.R. Circle to Ayurveda Hospital Circle

1,15,000

RMC Circle to Highway Circle

32,600

Kumbarakoppal Main Road

1,29,000

Kumbarakoppal Inner CrossRoads

9,900

Kumbara Koppal Colony

6,500

Gokulam Main Road

38,400

Gokulam First and Second Stage

25,000

Gokulam Fourth Stage

20,000

Karnataka Slum Development Board Houses

8,600

Janatanagar

11,800

Srirampura Second Stage

24,000

Hale Ooru

8,500

B.M. Sri Nagar Main Road

10,100

Karakushalanagar

5,400

What does circle rate in Bangalore depend upon?

The circle rate in Bangalore is dependent on several factors listed below.

  • Area of the property
  • Type of property
  • Available amenities
  • Urban or rural location
  • Property occupancy, either residential or commercial
  • Age of the property
  • Property builder, in case of constructed property
  • Size or area of the property
  • Additional construction, if any

Based on these factors, property valuation is done and the stamp duty is paid during sale or purchase. These factors also affect property valuation and allow an individual to avail property loan based on it.

The revised circle rates in Bangalore not only affect property transactions but also open doors to better financial opportunities. Planning a big expense like a wedding or a child’s education? A loan against property offers a convenient way to fund your dreams while letting you retain ownership of your valuable asset. By using your property as collateral, you can unlock access to large funds of up to Rs. 10.50 crore—it is a smart way to manage your finances with ease! Get funds within 72 hours* of approval.

Current stamp duty in Bangalore

The applicable rates of stamp duty prevailing in Bengaluru are as follows.

  • In urban areas: 5.6%
  • In rural areas: 5.65%

Registry charges in Bangalore

Registration charges are additional fees levied on stamp value while registering the property during ownership transfer. The Department of Stamp and Registration charges these fees for ownership record maintenance.

While registering a property in the city, an individual needs to pay registration charges of 1% of the property value calculated as per the circle rate in Bangalore.

How to calculate property value in Bangalore using circle rate for stamp duty payment?

The calculation of property value in Bangalore for stamp duty payment is done in the following steps.

  • Determination of built-up area.
  • Determination of property types: Apartment, flat, individual house or plot.
  • Choice of locality for the property in consideration.
  • Computation of minimum assessment value as per the applicable circle rate in Bangalore is as follows:
  • The built-up area of the property in sq. metres (Only area in case of plot) x circle rate applicable for the locality in Rs./sq. metres.

You can also complete the valuation as per applicable circle rate in Bangalore through KAVERI online services, which is Karnataka’s official website for property valuation.

Your property’s worth, as calculated through the circle rate, can help you avail a significant loan amount. Whether it is for personal needs or business expansion, a loan against property ensures you have the funds to achieve your goals without depleting savings. Get loan of up to Rs. 10.50 crore against your property within 72 hours* of the approval.

List of areas in Bangalore

Hebbal

Rajajinagar

Yeshwanthpur

Vijayanagar

Srirampuram

Peenya

Tavarekere

Nagarbhavi

Madanayakanahall

Dasanapura

Basavanagudi District

Ulsoor

Chamarajpet

Banashankari

Basavanagudi

Attibele

Sarjapura

Jigani

Rajajinagar District

Anekal

Shivajinagar District

Shivajinagar

Indiranagar

Halsuru

Banasawadi

KR Puram

Mahadevapura

Bidarahalli

Varthur

Shanthi Nagar

Gandhinagar District

Gandhinagar

Malleshwaram

Ganganagar

Marathahalli

Bommanahalli

Byatarayanapura

Yelahanka

Jala

Hesaraghatta

Jayanagar District

Jayanagar

Whitefield

BTM Layout

Kengeri

Rajarajeshwari Nagar

JP Nagar

Kacharakanahalli

Begur

Laggere


Running a business in Bangalore’s thriving market often requires financial backing. Why wait for other funding options when you can utilise your property’s value through a loan against property? With high loan amounts and flexible repayment options, you can grow your venture confidently. Enjoy lower EMIs starting from Rs. 750/lakh* and longer repayment tenures.

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Frequently asked questions

How can I know my property circle rate in Bangalore?

Knowing the property circle rate in Bangalore involves checking the guidance value, which is the minimum rate set by the state government for property transactions. The guidance value helps determine property taxes and registration fees. Here's how you can find the guidance value or circle rate for your property in Bangalore:

Online method:

  1. Visit the official Stamps and Registration Department website
  2. Locate the section related to "Guidance Value" or "Circle Rates”
  3. Enter property details and search for the guidance value

Local municipal office or sub-registrar office:

  1. Visit the local municipal office or sub-registrar office
  2. Inquire with officials at the guidance value or valuation section for the current circle rates
What is the new guidance value in Bangalore 2023?

The guidance value is essential for people buying or selling property in Bangalore. For buyers, it gives them an idea of a fair price for a property. Starting from October 1, 2023, the guidance value in Bangalore has gone up by 25–30%. This means that properties may cost more compared to earlier.

How to check land price in Bangalore?

To check land prices in Bangalore, explore online real estate portals, government websites such as the Karnataka Revenue Department, and local real estate agents. Visit the sub-registrar office for guidance values, check local newspapers and engage with online forums.