About Guidance Value

One of the main source of Revenue for the State Government is through Registration fee for transfer of properties. Government shall fix a certain value as the minimum value for the properties located in particular area/location; and this is commonly known as ‘Guidance value’ set by the Committee constituted by the Inspector General of Registrar (IGR). This will be revised once in two years

The stamp duty payable for registration of document depends on the guidance value or the sale consideration amount, whichever is higher. The IT Dept. also recognized this value for Capital gains taxation. The real factor which decides the value of property is the location/market price, which depends mainly on location, usage and the demand & supply position of such property.

This Guidance value depends on the usage of land such as industrial, commercial or residential. Besides this, the properties situated adjacent to National & State Highways shall carry higher guidance value.

Guidancevalue.com provides information useful for the general public for making calculations of stamp duty and registration charges. We solicit the Feedback on the Guidancevalue.com website,and to communicate the mistakes, if any, found on any aspect, to enable us to rectify the same and furnish more improved data on Guidancevalue.com–a complete guidance website to general public.