Guideline Value is the minimum value fixed by the Karnataka department of registration and stamps for property registration in respective area. The property types in M Basapur are classified into agriculture, non - agriculture, residential flat, residential apartment, commercial flat, and commercial apartment. Guideline value is applicable to all the property types in M Basapur and these guideline Values are revised periodically to have them in sync with the market value.
M Basapur guideline value helps to determine the associated costs pertain to property registration such as such stamp duty fees, registration fee etc. Any property in M Basapur has to be registered in Kushtagi sub registrar office (SRO).