Somanatti Village Guideline value

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 Somanatti 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 Somanatti and these guideline Values are revised periodically to have them in sync with the market value. Somanatti guideline value helps to determine the associated costs pertain to property registration such as such stamp duty fees, registration fee etc. Any property in Somanatti has to be registered in Bailhongal sub registrar office (SRO).