Bangalore is one of the leading property markets in India. A developed IT industry has given rise to a growing real estate market and expanding city limits. As the state governments across India charge stamp duty and registration charges on the property transactions, they also set a market rate for each area of a city. This rate is also known as the Circle rate/Market rate/Ready Reckoner Rate Bangalore.
What are Ready Reckoner Rate Bangalore?
Ready Reckoner Rates Bangalore are the standard property rates for an area below which a property transaction cannot take place in an area. These rates define the threshold of minimum property rates in a region. The rates vary from area to area. Ready Reckoner Rates are periodically revised by the State government. Before investing or buying a property in Bangalore, one must be aware of the Ready Reckoner Rates of the area.
The guidance value in Bangalore is governed by the stamp and registration department of Karnataka. These rates are also known as ready-to-record (RR) rates or circle rates. In Bangalore, the Ready Reckoner Rates are the same for every category of property buyers viz male, female and joint property owners (male and female).
Steps to Calculate Ready Reckoner Rate Bangalore
For digital providence of services related to the property, ready reckoner rates Bangalore and stamp duty, the State government of Karnataka has rolled out a portal called ‘Kaveri’. It is the official portal of the Department of Registration and Stamps, government of Karnataka.
Visit official portal to check ready reckoner rates Bangalore
Step 2: On the homepage, Click on the ‘Know Your Property Valuation’ option.
To check ready reckoner rates Bangalore click on 'Know Your Property Valuation'
Step 3: The screen will be redirected to the following page.
Select district, areas name and Taluka
Step 4: Here, two options of Basic Search and Advanced Search will be visible.
Step 5: Select the basic Search option. And enter the ‘District’ and the ‘Area Name’. (Enter three characters and the system would suggest results appropriately). Choose the type of property usage, total area of your property, and measurement unit.
Select Basic Search or Advance Search Option to know ready reckoner rate Bangalore
Step 6: Once all the details are filled, Click on the "Display Valuation" button. The property valuation details, in accordance with the prevailing Ready reckoner Rates Bangalore will be displayed in the following format.
Ready reckoner Rates Bangalore will be displayed
Ready Reckoner Rates Bangalore for Agricultural Land on per acre Basis
The circle rates of agricultural land are also decided by the State government. The circle rates in per acre terms in Bangalore are listed as below-
| Areas/Localities in Bangalore |
Circle Rate (Rs/ sq. meters) |
| Banumaiah Circle to KR Circle |
Rs 68,200 |
| Ayurveda Hospital to RMC Circle |
Rs 49,100 |
| Rs 19,800 |
|
| Gokulam Third Stage |
Rs 28,000 |
| Karnataka Slum Development Board Houses |
Rs 8,600 |
| Janatanagar |
Rs 11,800 |
| Srirampura Second Stage |
Rs 24,000 |
| Hale Ooru |
Rs 8,500 |
| B.M. Sri Nagar Main Road |
Rs 10,100 |
| Karakushala Nagar |
Rs 5,400 |
| Contour Road EWS |
Rs 19,700 |
| Bogadi First & Second Stage |
Rs 28,000 |
| Srirampura First Stage |
Rs 23,000 |
| Metagalli Main Road |
Rs 18,300 |
| Ambedkar Colony |
Rs 3,500 |
| Kumbarakoppal Inner CrossRoads |
Rs 9,900 |
| Kumbara Koppal Colony |
Rs 6,500 |
| Kumbarakoppal Main Road |
Rs 1,29,000 |
| Gokulam Main Road |
Rs 38,400 |
| Gokulam First and Second Stage |
Rs 25,000 |
| Gokulam Fourth Stage |
Rs 20,000 |
| B.M. Sri Nagar Cross Road |
Rs 28,000 |
| Vani Vilas Market – D. Banumaiah Circle |
Rs 32,000 |
| K.R. Circle to Ayurveda Hospital Circle |
Rs 1,15,000 |
| RMC Circle to Highway Circle |
Rs 32,600 |
Also Read: How to check zone of land in Bangalore
Ready Reckoner Rates Bangalore on per acre basis
The circle rates in Bangalore in per acre terms are listed below.
| Areas/Localities in Bangalore |
Circle Rate (Rs/sq. meters) |
| B.M. Sri Nagar Cross Road |
Rs 28,000 |
| Vani Vilas Market – D. Banumaiah Circle |
Rs 32,000 |
| K.R. Circle to Ayurveda Hospital Circle |
Rs 1,15,000 |
| RMC Circle to Highway Circle |
Rs 32,600 |
| Banumaiah Circle to KR Circle |
Rs 68,200 |
| Ayurveda Hospital to RMC Circle |
Rs 49,100 |
| Kumbarakoppal Crossroads |
Rs 9,600 |
| Kumbarakoppal South Side |
Rs 13,000 |
| Srirampura First Stage |
Rs 23,000 |
| Metagalli Main Road |
Rs 18,300 |
| Ambedkar Colony |
Rs 3,500 |
| Kumbarakoppal Main Road |
Rs 1,29,000 |
| Kumbarakoppal Inner CrossRoads |
Rs 9,900 |
| Kumbara Koppal Colony |
Rs 6,500 |
| Gokulam Main Road |
Rs 38,400 |
| Gokulam Cross Road |
Rs 19,800 |
| Gokulam Third Stage |
Rs 28,000 |
| Contour Road EWS |
Rs 19,700 |
| Bogadi First & Second Stage |
Rs 28,000 |
| Srirampura Second Stage |
Rs 24,000 |
| Hale Ooru |
Rs 8,500 |
| B.M. Sri Nagar Main Road |
Rs 10,100 |
| Karakushala Nagar |
Rs 5,400 |
| Gokulam First and Second Stage |
Rs 25,000 |
| Gokulam Fourth Stage |
Rs 20,000 |
| Karnataka Slum Development Board Houses |
Rs 8,600 |
| Rs 11,800 |
Also Read: 7 Plot Investment Corridors in Bangalore
Factors Considered to Decide Ready Reckoner Rates in Bangalore
The following are the factors considered to determine the ready reckoner rates in Bangalore:-
-
Age of the property: An aged property will have a lower ready reckoner rate in Bangalore, whereas a new property will have a higher circle rate.
-
Location of the property: Locality does affect the circle rates in Bangalore. A posh area will have a higher ready reckoner rate and vice versa. For example, Indiranagar in Bangalore will have higher circle rates than Jaya Nagar.
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Amenities offered with the property: A locality or property that offers world-class amenities has a higher ready reckoner rate.
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Type of property: Ready reckoner rates are decided according to the type of property, such as a plot, flat, or independent house.
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Type of occupancy: The Ready reckoner rate in Bangalore is higher for commercial properties and slightly less for residential properties.
List of Bangalore Rural Sub-registrar office
There are 42 Sub-Registrar Offices in Bangalore (urban) for evaluating and regulating the guidance value. The state government has established five sub-registrar offices in rural areas. Below is the list of Sub-Registrar Offices in Bangalore.
| Bangalore East |
Bangalore North |
Bangalore South |
| Mini Vidhana Soudha, Hoskote, Bangalore Rural District 561203. Contact: 27934525 |
Taluk Office Premises. Devanahalli, Bangalore Rural District 562110. |
Mini Vidhana Soudha Building, Magadi, Bangalore Rural District 562120. Contact: 27746750 |
| Taluk Office Premises, B M Road, Channapatna. Bangalore Rural District 571501. Contact: 27255412 |
Contact: 27681021Mini Vidhana Soudha Taluk Office, Doddabllapura, Bangalore Rural District 561203. |
Taluk Office Premises, Mini Vidhana Soudha Building, Kanakapura, Ramanagar District 571511. Contact: 27255412 |
| Contact: 27626876Mini Vidhana Soudha Building, Nelamangala, Bangalore Rural District 562123. |
Taluk Office Premises, Old B M Road, Ramanagar, Bangalore Rural District 571511. Contact: 27276270 |
Also Read: Buying plots from BDA in Bangalore
List of Bangalore Urban Sub Registrar Offices
In addition to the above list, Sub registrar offices in the urban area are listed below-
| Bangalore East |
Bangalore West |
Bangalore North |
Bangalore South |
| Indiranagar, BDA Complex, Bangalore 560050., Contact: 25634517 |
No.488 B-Block, Karnataka Industrial Area Development Board Building, 14th cross 4th Phase, Peenya 2nd Stage, Bangalore 560058. Contact: 28366091 |
Sree Rundhreswara Chambers, Yelahanka New Town, Bangalore 560064. Contact: 22959367 |
SLN complex, Near RTS Bus Stand, Mysore Road, Kengeri, Bangalore 560060. Contact: 28484159 |
| Domlur, BDA Complex, Bangalore 560038., Contact: 25352907 |
Sri Rameshwara Temple Commercial Complex, Near Kannada Sahithya Parishat, IIIrd Main Road, Chamarajpet. Bangalore 560018. Contact: 26606641 |
K.R.Puram, Near Santhemaala, Bangalore 560036. Contact: 22959345 |
4th Block, Jayanagar, 12th Main Road, Near Jayanagar Complex, Bangalore 560041. Contact: 22959347 |
| National Highway, Manjushree Chambers, K R Puram. Bangalore 560036, Contact: 28472677 |
19/B, 2nd floor, V.K.Iyengar Road, Gandhinagar, Bangalore 560009. Contact: 22959353 |
No.69. Cholanayakanahalli, R.T.Nagar Post, Bangalore 560032. Contact: 22959322 |
Taluk office premises, Mini Vidhana Soudha, Anekal, Bangalore 562106. Contact: 27841096 |
| No.7402, 9th 'A' Main. II Cross, I block, HRBR Layout, Kalyan Nagar, Bangalore 560043, Contact: 22959335 |
Near Vijayanagara Bus Stand, 2nd Main Road, Srirampura, Bangalore 560040. Contact: 22959349 |
No.13, Laggere Main Road, Andanappa Building, Parvathi Nagar Bus Stand, Bangalore 560058. Contact: 22959323 |
No.1105-9C, Begur Village, Bangalore 560019. Contact: 22959328 |
| No.4, Jatar Circle Road, Whitefield, Bangalore 560066, Contact: 22959342 |
5th Block, No 1034., Near Dhobi Ghat, Rajajinagar. Bangalore 560010. Contact: 22959350 |
No.25, D.M.Chambers, 3rd stage, RMEL Road, Jawaharlal Nehru road, RRNagar, Bangalore 560098. Contact: 22959329 |
No.1, Madanayakanahalli, Dasanapura Hobli, Bangalore. Contact: 22959325 |
| RBMP Building, Near Ulsoor Lake, Tank Bund Road, Bangalore 560022. Contact: 22959369 |
No.40, IInd Stage, behind BDA Complex, Block I, Nagarabhavi, Bangalore. Contact: 22959315 |
Amrutha Nagara, Konanakunte. Bangalore 560062. Contact: 22959330 |
Additional District Registrar, BDA Complex, Kumara Park West, Bangalore 560001. Contact: 22959343 |
| 1st floor, B M Complex, Mustandra Road, Opp. Dharmarayaswamy Temple, Varthur, Bangalore 560087. Contact: 22959198 |
No.11, I Main Road, Guttahalli, Bangalore 560003 Contact: 22959357 |
Bangalore South Taluka, APCM Society, Kanakapura Road, Banashankari, Bangalore 560070. Contact: 22959331 |
No.4, Survey No. 33/4A, B H Road, Dasanapura Dakhle, Devannapalya, Bangalore North Taluka. Contact: 22959326 |
| No.111, 9th Main Road, 3rd stage, Pillanna Garden, Kacharakanahalli, Bangalore 560045. Contact: 22959321 |
NH-7, Opp. Police Station, Bellary Road, Bangalore North Taluk. Bangalore 562157. Contact: 28467474 |
H C Puttaswamy Layout, Hesaraghatta, Bangalore North Taluk. Bangalore 560088. Contact: 28466100 |
|
| No.70, 5th Main, Ganganagar, Bangalore 560 032. Contact: 22959359 |
No.1943, Tavarekere Kengeri Road, Tavarekere, Bangalore 562130. Contact: 28430714 |
||
| No.51/C, 3rd Main Road, Lorry Stand Godown Layout, APMC Yard, Yeshwanthpur, Bangalore 560022. Contact: 22959366 |
No.430, Anna Building, Bommasandra Industrial Area, Hennagara Gate, Hosur Main Road, Attibele, Bangalore 560099. Contact: 27836583 |
||
| No.167-168, B T M Layout I Stage, Tavarekere Main Road, Bangalore 560076. Contact: 22959360 |
No 459/39/2, Bannerghatta Village, Opp. Police Station, Bannerghatta, Bangalore 560083. Contact: 27828207 |
||
| No.50/1. Church Street, Bangalore 560001. Contact: 22959354 |
|||
| No.2255, Karuna Complex, Sahakara Nagara, Rajarajeshwari Road, Bangalore 560092. Contact: 22959341 |
Also Read: Bangalore Metro
Latest News about Ready Reckoner Rates in Bangalore
With an aim to keep the ready reckoner rates at par with the prevailing market values and check the inflow of black money, the Revenue Department keeps revising the ready reckoner rates in Bangalore. In a recent decision, the State government has directed the Bruhat Bengaluru Mahanagara Palike (BBMP) to adopt the ‘Guidance Value Method’ in place of the prevailing ‘Unit Area Value’ method to calculate the property taxes.
Also Read: A Khata and B Khata in Bangalore
Summing Up: Ready Reckoner Rates in Bangalore
Conclusively, the ready reckoner rates in Bangalore provide a solid reference of the prevailing market values of a property. Before proceeding for the real estate investment, the buyer must cross check the ready reckoner rates in Bangalore. Ready reckoner rates in Bangalore help identify if the property area is listed at right price index.
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