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Bengaluru news: Property prices in India's Silicon Valley are set to go up from next month. Here is why

Bengaluru property prices to increase as government plans to raise guidance value from October 1 ....

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Implementation of revised property guidance value from October 1: Karnataka Minister, ET RealEstate

Guidance Value In Karnataka: The guidance value is the minimum selling price of a property fixed by the government, depending on the locality and type of structure. ....

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Karnataka Government Set To Hike Guidance Value of Immovable Property by 30% From October 1

He said that there is going to be a 30 per cent hike. “The hike will not be applicable everywhere. Wherever the guidance value is below the market rate, the hike will be applied,” he said. He said that the guidance value is lower in regions where national highways, airports and IT and BT industries have come up. Karnataka Government Set To Hike Guidance Value of Immovable Property by 30% From October 1. ....

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Bengaluru may see uptick in property prices as guidance value expected to go up from October 1

The average increase is likely to be 20-30 percent depending on the area; may go up to as high as 50 percent in dense IT corridors. ....

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Guidance value goes up, property transactions in Bengaluru to be dearer from October 1, ET RealEstate

Bengaluru: Plots near the national highways and in technology corridors such as electronic city, the jump in guidance value will be as high as 50%. ....

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