Guideline Value

Corporate

Guideline Value for B.K.R Layout 7th Street

₹935/sq.ft.

The guideline value for B.k.r Layout 7th 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 7th Street

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B.K.R Layout 7th Street guideline value

The current guideline value of B.K.R Layout 7th 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, classified as Commercial Class I Type - I.

How the guideline value of B.K.R Layout 7th Street has changed

The guideline value for B.K.R Layout 7th Street has undergone several revisions over the years. In 2007, the guideline value was Rs 495 per sq.ft, which increased to Rs 850 per sq.ft in 2012. However, it saw a decrease to Rs 569 per sq.ft in 2017. The value then rose significantly to Rs 850 per sq.ft in 2023, before reaching the current value of Rs 935 per sq.ft in 2024. The register has no figures for the years 2002 and 2003 for this street.

When examining the changes, the guideline value increased by 72% from 2007 to 2012, then decreased by 33% from 2012 to 2017. Following this, there was a substantial increase of 49% from 2017 to 2023, and a further increase of 10% from 2023 to 2024. Overall, from 2007 to 2024, the guideline value has increased by 89%.

Guideline values in Ward - O

In Ward - O, there are 177 streets under the Tiruppur Joint II SRO that carry a 2024 guideline value ranging from Rs 701 to Rs 4,400 per sq.ft, with a median value of Rs 880 per sq.ft. The guideline value for B.K.R Layout 7th Street is above this median.

Stamp duty and registration fee for property in B.K.R Layout 7th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 935 per sq.ft, the total guideline value would be Rs 9,35,000. The stamp duty, calculated at 7%, would amount to Rs 65,450, and the registration fee at 2% would be Rs 18,700, bringing the total cost for these fees to Rs 84,150. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers B.K.R Layout 7th Street?

The B.K.R Layout 7th Street falls under the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, in the 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 plays a crucial role in property transactions in Ward - O. It is used as a basis for calculating stamp duty and registration fees during the registration process. Buyers and sellers must be aware of the current guideline value to ensure accurate financial planning.

When a property is sold, the guideline value may influence the sale price, as it serves as a reference point for both parties. It is essential to consider the guideline value to avoid any discrepancies during the registration of the property.

Frequently asked questions

What is the current guideline value of B.K.R Layout 7th Street?

The current guideline value of B.K.R Layout 7th 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 are the stamp duty and registration fees for a property in B.K.R Layout 7th Street?

For a property valued at Rs 9,35,000, the stamp duty would be Rs 65,450 and the registration fee would be Rs 18,700, totaling Rs 84,150.

Which Sub Registrar Office covers B.K.R Layout 7th Street?

The Tiruppur Joint II Sub Registrar Office covers B.K.R Layout 7th Street, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.

How is the guideline value used in property transactions?

The guideline value is used to calculate stamp duty and registration fees during property transactions. It serves as a reference point for the sale price and ensures accurate financial planning for buyers and sellers.