Property investors especially newbies tend to steer clear of property consultants. Real estate agents are often perceived as sales man who makes the buyer feel obligated into committing to purchase the property in one go. They have no agendas or profit at a venture, your satisfaction is imperative to them. In fact Real Estate consultant encourages you to take intelligent decision by navigating you through the complexities like market, legal documentations, future scope, leasing and so on. Buying a property is a financially substantial decision hence consulting a right consultant should be a requirement.
How to check Online property guidance valuation calculator in Bangalore? Is there any property valuation calculator in Bangalore? What is the property value in Bangalore 2018? For all these questions the answer is a simple online tool developed by the Government of Karnataka.
The Stamps and Registration Department has launched an online property valuation calculator
In many cases, the price of Guidance Value is much lesser than the market value. However, you can understand the price movement of the area by referring to this Guidance Value of different parts of the city.
Guidance value is nothing but a price of the property as per the local Government. For example, the Government of Karnataka declares the Guidance Value for Bangalore. You can’t register the property below this price. I will try to explain the same from below image.
In guidance value, there are two types.
# Land Value-This value is only for lands not for any constructed properties. Hence an open site value is measured as land value.
# Composite Value-This value is for the constructed properties where it includes both land value as well as the value of buildings.
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