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Registration Cost

Posted: June 14th, 2010, 6:06 pm
by DenQuest
I got the following formula from another site.

Registration filtered = (Total area of the flat in sq. ft. multiplied by Government Guideline Value + cost of car parking area) multiplied by 9.5.

I would like to know if this is correct and if correct , how much is the Government Guideline Value ?

What is the 9.5 % mentioned here ? Is it fixed ?

The source of this information is a comment to a famous blog , so I cannot clarify it there :).

Is this Guideline value different for different areas of Bangalore?

If so , what would be that for Malleshpalya/Basava Nagar/Vignan Nagar area?

Please help