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