Guideline Value

Corporate

Guideline Value for B.K R Layout 4th Street

₹935/sq.ft.

The guideline value for B.k R Layout 4th Street in Ward - O village (Tiruppur Joint Ii SRO, Coimbatore zone) is Rs 935 per sq.ft, effective 1 July 2024. It was Rs 850 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - O

Village

Tiruppur Joint II

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹935 /sq.ft.
From 1-4-2023 ₹850 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹569 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹850 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹495 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960035
[email protected]

DRO (District Registrar Office)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960044
[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on B.k R Layout 4th Street

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B.K R Layout 4th Street guideline value

The current guideline value of B.K R Layout 4th Street is Rs 935 per sq.ft, effective from 1 July 2024. This street is located in Ward - O village, under the Tiruppur Joint II SRO, and is classified as Commercial Class I Type - I.

How the guideline value of B.K R Layout 4th Street has changed

The guideline value for B.K R Layout 4th Street has seen several revisions over the years. The earliest recorded revision was in 2007, where the rate was Rs 495 per sq.ft. This increased to Rs 850 per sq.ft in 2012, reflecting a rise of 72%. However, the value decreased to Rs 569 per sq.ft in 2017, marking a decline of 33%. The subsequent revision in 2023 set the value at Rs 850 per sq.ft, which then increased by 10% to Rs 935 per sq.ft in 2024.

From 2017 to 2023, there was a significant increase of 49%. Overall, from the 2007 revision to the current 2024 rate, the guideline value has increased by 89%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Ward - O

In Ward - O, there are 177 streets under the Tiruppur Joint II SRO with a 2024 guideline value ranging from Rs 701 to Rs 4,400 per sq.ft. The median value is Rs 880 per sq.ft, and B.K R Layout 4th Street's 2024 figure is above this median.

Stamp duty and registration fee for property in B.K R Layout 4th Street

For a 1,000 sq.ft plot at the current rate, the guideline value would be Rs 9,35,000. The stamp duty at 7% would amount to Rs 65,450, and the registration fee at 2% would be Rs 18,700, bringing the total to Rs 84,150. Please note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers B.K R Layout 4th Street?

The Sub Registrar Office covering B.K R Layout 4th Street is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward - O

The guideline value is a crucial factor in property transactions in Ward - O. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duties and registration fees.

When buying or selling property, it is essential to be aware of the guideline value, as it influences the overall costs involved in the registration process. Buyers should ensure they are informed about the current rates to avoid any discrepancies during the transaction.

Frequently asked questions

What is the current guideline value of B.K R Layout 4th Street?

The current guideline value of B.K R Layout 4th Street is Rs 935 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 495 per sq.ft in 2007 to Rs 935 per sq.ft in 2024, reflecting an overall increase of 89% over the years.

What is the land classification for B.K R Layout 4th Street?

B.K R Layout 4th Street is classified as Commercial Class I Type - I.

Where can I find the Sub Registrar Office for B.K R Layout 4th Street?

The Sub Registrar Office for B.K R Layout 4th Street is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

How is the stamp duty calculated for property transactions?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the total stamp duty and registration fees would amount to Rs 84,150.