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  • Circle Rates in Bangalore

    Circle rates help you to determine the exact registration charges and stamp duty for your property. If you are planning to buy a property in Bangalore, you can check the current circle rates below before making the purchase. The circle rates will vary from area to area on the basis of the locality and the size of the property.

    Current Circle Rate in Bangalore 2020

    The circle rates which are applicable to different areas in Bangalore are as follows:

    Areas or Localities in Bangalore Applicable Circle Rate (In Rs. per sq. m)
    Ambedkar Colony Rs.3,500 per sq. m
    Karakushalanagar Rs.5,400 per sq. m
    Kumbara Koppal Colony Rs.6,500 per sq. m
    Hale Ooru Rs.8,500 per sq. m
    Karnataka Slum Development Board Houses Rs.8,600 per sq. m
    Kumbarakoppal Cross Roads Rs.9,600 per sq. m
    Kumbarakoppal Inner CrossRoads Rs.9,900 per sq. m
    B. M. Sri Nagar Main Road Rs.10,100 per sq. m
    Janatanagar Rs.11,800 per sq. m
    Kumbarakoppal South Side Rs.13,000 per sq. m
    Metagalli Main Road Rs.18,300 per sq. m
    Contour Road EWS Rs.19,700 per sq. m
    Gokulam Cross Road Rs.19,800 per sq. m
    Gokulam Fourth Stage Rs.20,000 per sq. m
    Srirampura First Stage Rs. 23,000 per sq. m
    Srirampura Second Stage Rs.24,000 per sq. m
    Gokulam First and Second Stage Rs.25,000 per sq. m
    B.M. Sri Nagar Cross Road Rs.28,000 per sq. m
    Gokulam Third Stage Rs.28,000 per sq. m
    Bogadi First & Second Stage Rs.28,000 per sq. m
    Vani Vilas Market – D. Banumaiah Circle Rs.32,000 per sq. m
    RMC Circle to Highway Circle Rs.32,600 per sq. m
    Gokulam Main Road Rs.38,400 per sq. m
    Ayurveda Hospital to RMC Circle Rs.49,100 per sq. m
    Banumaiah Circle to KR Circle Rs.68,200 per sq. m
    K.R. Circle to Ayurveda Hospital Circle Rs.1,15,000 per sq. m
    Kumbarakoppal Main Road Rs.1,29,000 per sq. m

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

    The calculation of the value of a property in Bangalore for stamp duty payment can be done by following the steps mentioned below:

    Step 1: Find out the built-up area of the property.

    Step 2: Find out the type of the property – flat, apartment, individual house, plot of land, etc.

    Step 3: Determine the locality

    Step 4: Once you have figured out the details mentioned above, you can use the following formula to find the value of the property.

    Property Value = Built-up area of the property (in sq. m.) x Circle rate of the locality (in Rs. per sq. m.)

    You can also use the KAVERI Online Services offered by the Karnataka state government through its official website to find out the value of your property.

    What are factors on which circle rates depend?

    The circle rates of a locality depend on a number of factors. These factors can be listed as follows:

    • The age of the property
    • The location of the property
    • The amenities being offered with the property
    • The type of the property – flat, independent house, etc.
    • The type of occupancy – residential or commercial
      

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