Karnataka govt cuts property guidance value by 10% for next 3 months
Bengaluru, Jan 1: The Karnataka government has slashed the property guidance value across the state by 10 per cent for the next three months in a move aimed at providing an opportunity for people to get registrations done at the earliest, Revenue Minister R Ashoka said on Saturday.
The minister even called it a New Year's Day gift to the public.
For the purchase of property, whether it is a revenue land, site, building or a flat, the government is slashing the guidance value by 10 per cent which will be applicable across the state for three months only, Ashoka said while speaking to reporters here.
"This is an offer for those who are pushing time with the General Power of Attorney (GPA) and agreements on properties. Also, it is for those who are planning for property registrations. This will be effective from today (January 1) till March 31," the minister added.
The guidance value is the minimum selling price of a property fixed by the government, depending on the locality and type of structure.
Calling on the public to utilise the opportunity and get their properties registered, the minister said this has been a long-standing demand, the announcement has been made after several rounds of discussions between the finance and revenue departments, IGR (inspector-general of registration) and the Chief Minister for the last one month.
"It will be across the state for all kinds of property registration, whether it is dry or irrigated land, flat or site. It will be applicable to all," he said, adding that this may have some impact on the revenue to the government, but will also benefit common people.
ಕಂದಾಯ ಇಲಾಖೆ ರಾಜ್ಯದಾದ್ಯಂತ ಎಲ್ಲ ಸ್ವತ್ತುಗಳ ಮಾರಾಟ ಮತ್ತು ಖರೀದಿ ಮಾಡುವವರಿಗೆ ಮಾರ್ಗಸೂಚಿ ಬೆಲೆಯಲ್ಲಿ 10% ರಿಯಾಯಿತಿ ಘೋಷಣೆ ಮಾಡಿದೆ. ಈ ರಿಯಾಯಿತಿ ದಿನಾಂಕ 01-01-2022 ರಿಂದ 31-03-2022 ವರೆಗೆ ಮಾತ್ರ ಲಭ್ಯ ಇರುತ್ತದೆ.#RAshoka #RevenueMinister pic.twitter.com/YuhQPbRA1i
— R. Ashoka (ಆರ್. ಅಶೋಕ) (@RAshokaBJP) January 1, 2022
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
BIT hosts interactive session on NBA Accreditation, outcome-based education
Mangaluru: Bearys Institute of Technology (BIT) organized an insightful session titled "Driving Institutional Growth: Insights into NBA Accreditation and Outcome-Based Education" on January 17, 2025. The event, held in the college seminar hall, commenced at 9:30 AM and witnessed enthusiastic participation from faculty and staff.
The session began with a welcome address delivered by Dr. Aamir Basha, the NBA Coordinator, who emphasized the importance of quality benchmarks in education. The Principal of BIT highlighted the significance of NBA accreditation in enhancing the institution's academic and infrastructural standards while fostering global recognition.
The resource persons for the day were Dr. Sunitha and Prof. Vijayalakshmi from St. Joseph Engineering College (SJEC), Mangalore. They engaged the audience with detailed discussions on the principles of outcome-based education (OBE) and its critical role in improving the overall educational experience. Their sessions also included practical insights and strategies for successfully navigating the NBA accreditation process, making the event highly interactive and informative.
The day-long program concluded at 4:30 PM, with the vote of thanks proposed by Dr. Abdullah Gubbi, HOD-ECE. He expressed gratitude to the resource persons and participants for making the session a grand success.
