Karnataka govt cuts property guidance value by 10% for another 3 months
Bengaluru, Apr 21: The Karnataka government has decided to slash the property guidance value across the State by 10 per cent for another three months - from April 25 to July 24, said Revenue Minister R Ashoka on Thursday.
The government had reduced the value by 10 per cent for three months from January 1 to March 31 - a move to provide people an opportunity to get registrations done at the earliest.
"We reduced the stamp registration charges during the difficult times of COVID. As we slashed (guidance value) by 10 per cent (since January 1), more registrations have happened. The government has also generated revenue and the public benefited," he said.
"As there is demand from the people, it has been decided to slash the guidance value for another three months between April 25 and July 24 by 10 per cent. This will be applicable for sale and purchase of all kinds of properties. Orders are being issued in this regard after discussions with Chief Minister Basavaraj Bommai," he added.
The guidance value is the minimum selling price fixed by the government on property depending on the locality and type of structure.
The Minister had said it is applicable across the State on purchase of property, whether it is a revenue land, site, building or a flat.
It is an offer for those who are buying time with the General Power of Attorney (GPA) and agreements on properties; also for those who are planning for property registrations, he had said.
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BJP backs Amit Thackeray for Mahim, over Shinde Sena's candidate Sarvankar
Mumbai: The BJP has decided to support Amit Thackeray, son of Maharashtra Navnirman Sena (MNS) chief Raj Thackeray, for the Mahim constituency, despite its alliance with Eknath Shinde’s Shiv Sena, which has fielded sitting MLA Sada Sarvankar. The decision has led to a three-way contest between Amit Thackeray, Sarvankar, and Shiv Sena (UBT)'s Mahesh Sawant in the upcoming Maharashtra assembly election on November 20.
The BJP reportedly expected Shinde’s Shiv Sena to withdraw Sarvankar in favour of Amit Thackeray, but Shiv Sena leaders argue this would risk losing votes to the Uddhav faction. Sarvankar, a three-time MLA and long-time Shiv Sena loyalist, appealed to Raj Thackeray to reconsider his son’s candidature, citing his commitment to the party under Bal Thackeray's leadership.
Deputy Chief Minister Devendra Fadnavis confirmed BJP's support for Amit Thackeray, while indicating ongoing discussions with Shinde Sena leaders. Amid the standoff, Raj Thackeray maintained confidence that the next government will be led by the BJP, with support from MNS, though MNS is not formally part of the Mahayuti alliance.
