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He said that there is going to be a 30 per cent hike. “The hike will not be applicable everywhere. Wherever the guidance value is below the market rate, the hike will be applied,” he said. He said that the guidance value is lower in regions where national highways, airports and IT and BT industries have come up. Karnataka Government Set To Hike Guidance Value of Immovable Property by 30% From October 1.
Karnataka government is all set to hike the guidance value of immovable property by 30 per cent from October 1.The government expect a revenue of about Rs 2,000 crore annually in return."There is a rule as per which the guidance value of .