Guiding Bangalore real estate prices skywards

With new guidance values coming into effect on Thursday, Raj Bhavan Road, K G Road and Commercial Street have turned out to be the costliest parts of the city. One square foot on these roads is worth a whopping Rs 10,000!

Land in under-developed areas like Azadnagar on Mysore Road is valued at Rs 700 per square foot, while in A K Colony in Shivajinagar sub-registrar limits and Rehmatnagar near R T Nagar, land is worth Rs 800 per square foot.

Here are some of the other areas notified: Shivajinagar sub-registrar M G Road to Residency Road - sites Rs 8,000, flats (mosaic) Rs 5,610, (marble) Rs 5,720; Trinity Circle to Cauvery Emporium - site Rs 8,000, flats (mosaic) Rs 5,610, (marble) Rs 5,720; Cauvery emporium to Cubbon Park Aquarium sites Rs 8,000, flats (mosaic) Rs 5,610, (marble) Rs 5,720;

Residency Road to Richmond Road sites Rs 7,000, flats (mosaic) Rs 4,950, (marble) Rs 5,060; Basavanagudi sub-registrar Gandhi Bazar (residential sites) - Rs 4,500; K R road - Rs 4,500; Kanakapura road - Rs 4,500; Gandhinagar sub-registrar (sites) Avenue road - Rs 6,000; SJP road - Rs 5,000; K G Road - Rs 10,000; Cunningham road (Sankey road to Chandrika hotel) - Rs 6,000; High grounds - Rs 4,000; Kumara Krupa road - Rs 4,500;

Jayanagar sub-registrar 1st block (Rs 2,500 - Rs 5,000); 2nd block (Rs 1,000 to Rs 5,000); 3rd block (Rs 1,000 - Rs 7,000); 4th block (Rs 1,500 - Rs 6,000); 5th block (Rs 3,000 - Rs 4,000); 6th block (Rs 3,000 - Rs 3,500); 7th block (Rs 3,000 - Rs 4,000); 8th block (Rs 3,000 - Rs 4,000); 9th block: (Rs 2,000 - Rs 5,000); BTM layout (Rs 600 - Rs 4,000). Kengeri sub-registrar BDA and


BMRDA approved layouts (main roads) in J P Nagar 1st phase Rs 3,000; 2nd phase Rs 2,800; 3rd phase Rs 2,600; 4th phase Rs 2,500; 5th phase Rs 2,400; 6th phase Rs 2,500; 7th phase Rs 1,800; 8th phase Rs 1,500; 9th phase Rs 1,500; Banashankari 6th stage Rs 1,000; Marenahalli Rs 2,800. Sarjapur sub-registrar Rs 880 for BMRDA approved flats (mosaic). flats (marble) Rs 990.