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Guideline Value

Corporate

Guideline Value for B.S.S ROAD 1st to 3rd CROSS STREEET

₹3360/sq.ft.

The guideline value for B.s.s Road 1st To 3rd Cross Streeet in Ward - J village (Tiruppur Joint I SRO, Coimbatore zone) is Rs 3360 per sq.ft, effective 1 July 2024. It was Rs 3000 per sq.ft from 1 April 2023, a 12% change. The land classification is Commercial Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - J

Village

Tiruppur Joint I

SRO

Commercial Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹3360 /sq.ft.
From 1-4-2023 ₹3000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2010 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2590 /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.
0421-2960088
[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.s.s Road 1st To 3rd Cross Streeet

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B.S.S ROAD 1st to 3rd CROSS STREEET guideline value

The current guideline value for B.S.S ROAD 1st to 3rd CROSS STREEET is Rs 3,360 per sq.ft, effective from 1 July 2024. This street is located in Ward - J village under the Tiruppur Joint I SRO and is classified as Commercial Class I Type - II.

How the guideline value of B.S.S ROAD 1st to 3rd CROSS STREEET has changed

The guideline value for B.S.S ROAD 1st to 3rd CROSS STREEET has seen several revisions over the years. Starting with the 2017 revision, the value was Rs 2,010 per sq.ft. This increased to Rs 3,000 per sq.ft in 2012, then dropped back to Rs 2,590 per sq.ft in 2007. The 2023 revision set the value at Rs 3,000 per sq.ft, and as of 2024, it is now Rs 3,360 per sq.ft, marking a 12% increase from the previous year.

From 2017 to 2023, the value rose significantly by 49%. However, the value decreased by 33% from 2012 to 2017. The increase from 2007 to 2012 was 16%. Overall, from 2007 to 2024, the guideline value has increased by 30%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Ward - J

In Ward - J, there are 209 streets under the Tiruppur Joint I SRO that carry a 2024 guideline value, ranging from Rs 840 to Rs 4,480 per sq.ft, with a median value of Rs 1,120 per sq.ft. The guideline value for B.S.S ROAD 1st to 3rd CROSS STREEET is above this median.

Stamp duty and registration fee for property in B.S.S ROAD 1st to 3rd CROSS STREEET

For a 1,000 sq.ft plot at the current rate of Rs 3,360 per sq.ft, the guideline value amounts to Rs 33,60,000. The stamp duty at 7% would be Rs 2,35,200, and the registration fee at 2% would be Rs 67,200, totaling Rs 3,02,400. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for further assistance.

Which Sub Registrar Office covers B.S.S ROAD 1st to 3rd CROSS STREEET?

The B.S.S ROAD 1st to 3rd CROSS STREEET falls under the Tiruppur Joint I 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 - J

The guideline value is a crucial factor in the registration process when buying or selling property in Ward - J. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value or the sale price, whichever is higher, is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value for B.S.S ROAD 1st to 3rd CROSS STREEET?

The current guideline value for B.S.S ROAD 1st to 3rd CROSS STREEET is Rs 3,360 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, with the most recent revision in 2024 showing an increase of 12% from 2023. The value has risen from Rs 2,010 per sq.ft in 2017 to Rs 3,360 per sq.ft in 2024.

What is the classification of B.S.S ROAD 1st to 3rd CROSS STREEET?

B.S.S ROAD 1st to 3rd CROSS STREEET is classified as Commercial Class I Type - II, indicating its suitability for commercial activities.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office covering B.S.S ROAD 1st to 3rd CROSS STREEET is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

What factors determine the stamp duty and registration fees?

The stamp duty and registration fees are determined based on the guideline value or the sale price of the property, whichever is higher. This ensures that the correct amount is collected during property transactions in the area.