Note:

1. Guidance value means the prevailing market value of site notified under Section 45B of the Karnataka Stamp Act, 1957 (at the time of issue of building permission. viz., licence/ plinth certificate/ occupancy certificate).

2. Security Deposit collected during plan sanction / licence shall be refunded or adjusted towards the compounding fee chargeable during issue of Occupancy certificate.

3. The Occupancy certificate shall be issued only after all the requisite fee, compounding fee is completely paid to the city corporation.

Commissioner

Bengaluru Central City Corporation