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