Guideline Value for BAA AVENUE

Baa Avenue guideline value

The current guideline value of Baa Avenue in Peedampalli village is Rs 330 per sq.ft, effective from the 2024 revision. This street falls under the Singanallur SRO and is classified as Residential Special Type - II.

How the guideline value of Baa Avenue has changed

The guideline value for Baa Avenue has seen several revisions over the years. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision set the guideline value at Rs 300 per sq.ft, which increased by 10% to Rs 330 per sq.ft in the 2024 revision.

In summary, the guideline value increased from Rs 300 per sq.ft in 2023 to Rs 330 per sq.ft in 2024. This change reflects a significant adjustment in the valuation for this street.

Guideline values in Peedampalli

In Peedampalli, there are 156 streets under the Singanallur SRO that carry a guideline value for 2024, ranging from Rs 110 to Rs 1,050 per sq.ft, with a median value of Rs 165 per sq.ft. Baa Avenue's 2024 guideline value is above this median, indicating a higher valuation compared to many other streets in the village.

• Balagi nagar: Rs 220 per sq.ft (2024)
• Balaji Kcb Garden Phase-I: Rs 330 per sq.ft (2024)
• Balaji Kcb Garden Phase-II: Rs 330 per sq.ft (2024)
• Ayothiyapuram Janaki Nagar: Rs 165 per sq.ft (2024)
• Ayothiapuram Lakshmanan Nagar: Rs 165 per sq.ft (2024)
• Ayothiapuram Bharathan Nagar Extension: Rs 165 per sq.ft (2024)

Stamp duty and registration fee for property in Baa Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 330 per sq.ft, the total guideline value would be Rs 3,30,000. The stamp duty at 7% would amount to Rs 23,100, and the registration fee at 2% would be Rs 6,600, making the total charges Rs 29,700. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can also use our stamp duty and registration fee calculator for more specific calculations.

Which Sub Registrar Office covers Baa Avenue?

The Sub Registrar Office that covers Baa Avenue is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone.

To find your SRO, visit find your SRO.

How the guideline value is used when you buy or sell in Peedampalli

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

When buying or selling property, the guideline value will be used to calculate the applicable stamp duty and registration fees. This value is essential for both buyers and sellers to understand, as it impacts the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Baa Avenue?

The current guideline value of Baa Avenue is Rs 330 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Baa Avenue has changed from Rs 300 per sq.ft in 2023 to Rs 330 per sq.ft in 2024. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification of Baa Avenue?

Baa Avenue is classified as Residential Special Type - II. This classification indicates the intended use of the land within the area.

Where can I find the Sub Registrar Office for Baa Avenue?

The Sub Registrar Office for Baa Avenue is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.

How is stamp duty calculated for properties in Baa Avenue?

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 guideline value, the total stamp duty would be Rs 23,100.