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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Sena (UBT)-MNS alliance announcement for civic polls likely next week
Mumbai (PTI): The Shiv Sena (UBT) and the Maharashtra Navnirman Sena (MNS) are likely to announce next week their alliance for the upcoming municipal corporation elections in Maharashtra, with seat-sharing for all the civic bodies, except Mumbai, almost complete, leaders of both the parties said.
Elections to 29 municipal corporations in Maharashtra, including the all-important Brihanmumbai Municipal Corporation (BMC), will be held on January 15, and the counting of votes will take place the next day.
The Shiv Sena (UBT) and the MNS will forge an alliance for the polls in municipal corporations of Mumbai, Thane, Mira-Bhayandar, Kalyan-Dombivli, Pimpri-Chinchwad, Pune and Nashik, among others.
The Sena (UBT) is headed by former chief minister Uddhav Thackeray, while his once-estranged cousin Raj is the president of the MNS.
"Talks for all civic bodies, except Mumbai, are complete. The sticking point is about the seats that we are demanding in Marathi-dominated areas. The Shiv Sena (UBT) is not still not agreeing to it which has delayed the seat-sharing. But the talks have to be over soon since the date of filing nominations starts next week (December 23 to December 30)," an MNS leader said.
Talking to reporters, MNS leader and former MLA Nitin Sardesai said, "It is appropriate to say that the talks are in final stages but it is difficult to say when it will be officially announced. I can only say that all sides are putting efforts to complete the talks and they are working towards it."
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Shiv Sena (UBT) leader Anil Parab met Raj Thackeray to discuss seat-sharing.
A Sena (UBT) leader said talks are in final stages and there is no hurdle in the seat-sharing agreement.
"The two brothers are expected to officially announce the alliance between the two parties on Monday in a public event or through a press conference that will set the tone for the civic body polls," he said.
Raj Thackeray quit the undivided Shiv Sena blaming Uddhav for his exit in 2005 and floated the MNS in 2006. They had been political rivals since then.
However, after the drubbing of their parties in the Maharashtra assembly polls in 2024 - the Sena (UBT) won 20 seats, while MNS drew a blank - both leaders decided to put behind their political acrimony and find a common ground for survival.
Over the past few months, the two cousins shared the stage or were spotted at public forums together multiple times for various reasons.
The cousins publicly ended their two-decade-long estrangement in July, where they addressed a joint rally. At the event, Uddhav said they have come together to stay together.
