Bangalore is one of the leading property markets in India. A developed IT industry has given rise to a growing real estate market and expanding city limits. As the state governments across India charge stamp duty and registration charges on the property transactions, they also set a market rate for each area of a city. This rate is also known as the Circle rate/Market rate/Circle Rate.
What are Circle Rates
Circle Rates are the standard property rates for an area below which a property transaction cannot take place in an area. These rates define the threshold of minimum property rates in a region. The rates vary from area to area. Circle Rates are periodically revised by the State government. Before investing or buying a property in Bangalore, one must be aware of the Circle Rates of the area.
The guidance value in Bangalore is governed by the stamp and registration department of Karnataka. These rates are also known as ready-to-record (RR) rates or circle rates. In Bangalore, the Circle Rates are the same for every category of property buyers viz male, female and joint property owners (male and female).
Circle Rates for Agricultural Land on per acre Basis
The circle rates of agricultural land are also decided by the State government. The circle rates in per acre terms in Bangalore are listed as below-
| Areas/Localities in Bangalore | Circle Rate (Rs/ sq. meters) |
| Banumaiah Circle to KR Circle | Rs 68,200 |
| Ayurveda Hospital to RMC Circle | Rs 49,100 |
| Gokulam Cross Road | Rs 19,800 |
| Gokulam Third Stage | Rs 28,000 |
| Karnataka Slum Development Board Houses | Rs 8,600 |
| Janatanagar | Rs 11,800 |
| Srirampura Second Stage | Rs 24,000 |
| Hale Ooru | Rs 8,500 |
| B.M. Sri Nagar Main Road | Rs 10,100 |
| Karakushala Nagar | Rs 5,400 |
| Contour Road EWS | Rs 19,700 |
| Bogadi First & Second Stage | Rs 28,000 |
| Srirampura First Stage | Rs 23,000 |
| Metagalli Main Road | Rs 18,300 |
| Ambedkar Colony | Rs 3,500 |
| Kumbarakoppal Inner CrossRoads | Rs 9,900 |
| Kumbara Koppal Colony | Rs 6,500 |
| Kumbarakoppal Main Road | Rs 1,29,000 |
| Gokulam Main Road | Rs 38,400 |
| Gokulam First and Second Stage | Rs 25,000 |
| Gokulam Fourth Stage | Rs 20,000 |
| B.M. Sri Nagar Cross Road | Rs 28,000 |
| Vani Vilas Market – D. Banumaiah Circle | Rs 32,000 |
| K.R. Circle to Ayurveda Hospital Circle | Rs 1,15,000 |
| RMC Circle to Highway Circle | Rs 32,600 |
Circle Rates for areas in Bangalore on per acre basis
The circle rates in Bangalore in per acre terms are listed below.
| Areas/Localities in Bangalore | Circle Rate (Rs/sq. meters) |
| B.M. Sri Nagar Cross Road | Rs 28,000 |
| Vani Vilas Market – D. Banumaiah Circle | Rs 32,000 |
| K.R. Circle to Ayurveda Hospital Circle | Rs 1,15,000 |
| RMC Circle to Highway Circle | Rs 32,600 |
| Banumaiah Circle to KR Circle | Rs 68,200 |
| Ayurveda Hospital to RMC Circle | Rs 49,100 |
| Kumbarakoppal Crossroads | Rs 9,600 |
| Kumbarakoppal South Side | Rs 13,000 |
| Srirampura First Stage | Rs 23,000 |
| Metagalli Main Road | Rs 18,300 |
| Ambedkar Colony | Rs 3,500 |
| Kumbarakoppal Main Road | Rs 1,29,000 |
| Kumbarakoppal Inner CrossRoads | Rs 9,900 |
| Kumbara Koppal Colony | Rs 6,500 |
| Gokulam Main Road | Rs 38,400 |
| Gokulam Cross Road | Rs 19,800 |
| Gokulam Third Stage | Rs 28,000 |
| Contour Road EWS | Rs 19,700 |
| Bogadi First & Second Stage | Rs 28,000 |
| Srirampura Second Stage | Rs 24,000 |
| Hale Ooru | Rs 8,500 |
| B.M. Sri Nagar Main Road | Rs 10,100 |
| Karakushala Nagar | Rs 5,400 |
| Gokulam First and Second Stage | Rs 25,000 |
| Gokulam Fourth Stage | Rs 20,000 |
| Karnataka Slum Development Board Houses | Rs 8,600 |
| Janatanagar | Rs 11,800 |