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 Megaramakki 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 Megaramakki and these guideline Values are revised periodically to have them in sync with the market value.
Megaramakki guideline value helps to determine the associated costs pertain to property registration such as such stamp duty fees, registration fee etc. Any property in Megaramakki has to be registered in Narasimharajapura sub registrar office (SRO).
Megaramakki Agriculture
|
Land Type
|
Guidline Value
|
Dry, No Source of Irrigation,Other
|
Estimated Guideline valueRs 120000
Acre
|
Wet (Assured Water Supply from Government Tanks/Canals), One Crop
|
Estimated Guideline valueRs 160000
Acre
|
Dry,Areca,coconut,Rubber,CashewNut
|
Estimated Guideline valueRs 480000
Acre
|
Bagayat, Wet
|
Estimated Guideline valueRs 250000
Acre
|
Bagayat, Dry
|
Estimated Guideline valueRs 250000
Acre
|
Plantation, Coffee/Pepper
|
Estimated Guideline valueRs 440000
Acre
|