In the dynamic realm of real estate, the only constant is change. As October ushers in a new chapter, Karnataka’s property landscape is set to experience a significant shift with the Increase on guidance value of Property in Karnataka from October. For property enthusiasts and investors, this adjustment is not just a numeric change; it’s a reflection of the state’s rapid growth and potential. In this situation, 100 Yards, Top property consultant in Bangalore, stands steadfast in its commitment to guiding clients with unwavering expertise and dedication.
Beginning on October 1, Karnataka experienced a 25–30% increase in guidance value (the price set by the government as the minimum for registering a property in any given area). Five years are given before the guidance values are updated.
Understanding the Guiding Light: Karnataka’s Increased Guidance Value
The Guidance Value, a pivotal factor in property transactions, serves as the minimum value at which a property can be registered in government records. It is a crucial parameter that influences property prices, stamp duty, and registration charges. With Karnataka’s decision to revise the Guidance Value from October onwards, the state is poised for an economic upswing. This increase signifies the region’s stability, economic progress, and the growing demand for real estate.
100 Yards: Your Trusted Navigator in the Real Estate Seas
In this era of change, having a trustworthy guide is important. 100 Yards, a name synonymous with reliability and excellence in the real estate domain, continues to be your beacon amidst the shifting tides. With an in-depth understanding of the local market and an unwavering commitment to client satisfaction, 100 Yards, Genuine Real estate consultant, remains dedicated to helping you make informed decisions.
Rohit Singh, Vice President of Sales in 100 Yards says that the market price of a property in Karnataka or in Electronic City is roughly 500 times the guidance value. The market price was more than Rs 10 crore if the guidance value for properties near national highways was between Rs 5 lakh and Rs 10 lakh per acre. The guidance value is 50% revised in these areas.
A 10% revision to the guidance value will be made in areas where market value and guidance value were equal.
What Sets 100 Yards Apart?
Expertise:
Backed by a team of seasoned professionals, 100 Yards, Best Real estate advisor in Bangalore, possesses unparalleled knowledge of Bangalore’s real estate landscape. From residential properties to commercial spaces, we guide you through every aspect of the property market.
Personalised Approach:
Understanding that every client is unique, 100 Yards provides tailored solutions. Whether you are a first-time homebuyer, an investor, or a business entity, we ensure that your requirements are met with precision and care.
Transparency:
No hidden costs, no surprises – just clear, honest communication throughout your property journey.
Comprehensive Services:
From property selection and legal assistance to financial consultations, 100 Yards, Genuine Property Consultant in Bangalore, offers a wide array of services under one roof, simplifying the complex process of property transactions.
Embracing the Future with 100 Yards
As the Guidance Value in Karnataka experiences a significant boost, the real estate market becomes even more promising. With 100 Yards by your side, this change is not a challenge but an opportunity. Whether you are looking for a dream home, an investment property, or a commercial space, 100 Yards ensures that your aspirations and dreams are fulfilled.
In this period of transformation, Karnataka’s real estate market is akin to a canvas awaiting your unique strokes. With the increased Guidance Value, the state opens its doors to a plenty of possibilities. Embrace this change with confidence, guided by the expertise of 100 Yards.
Embark on your real estate journey with 100 Yards, Leading Real Estate Consultant in Bangalore, and witness your dreams taking shape amidst Karnataka’s evolving property landscape.
Tags: Famous Residential Properties to Buy in North Bangalore, The Best Residential Plots and Apartments for Sale in Bangalore