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Guideline Value

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Guideline Value for BABUJI NAGAR 1ST to 4th STREET

₹1455/sq.ft.

The guideline value for Babuji Nagar 1st To 4th Street in Ward - C village (Tiruppur Joint I SRO, Coimbatore zone) is Rs 1455 per sq.ft, effective 1 July 2024. It was Rs 1300 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - C

Village

Tiruppur Joint I

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1455 /sq.ft.
From 1-4-2023 ₹1300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹871 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1300 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹890 /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 Babuji Nagar 1st To 4th Street

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BABUJI NAGAR 1ST to 4th STREET guideline value

The current guideline value for BABUJI NAGAR 1ST to 4th STREET is Rs 1,455 per sq.ft, effective from 1 July 2024. This street is located in the village of Tiruppur, under the Tiruppur Joint I SRO, and is classified as Residential Class III Type - I.

How the guideline value of BABUJI NAGAR 1ST to 4th STREET has changed

The guideline value for BABUJI NAGAR 1ST to 4th STREET has undergone several revisions over the years. The 2007 revision set the value at Rs 890 per sq.ft, which increased to Rs 1,300 per sq.ft in 2012. However, this figure saw a decrease to Rs 871 per sq.ft in 2017. Subsequently, the value rose significantly to Rs 1,300 per sq.ft in 2023, and then further increased to Rs 1,455 per sq.ft in the 2024 revision. The register has no figure for this street in 2002 and 2003.

From 2017 to 2023, the guideline value increased by 49%, while the jump from 2023 to 2024 was 12%. Notably, the overall change from 2007 to 2024 reflects an increase of 63% in the guideline value.

Guideline values in Ward - C

In Ward - C, there are 137 streets under the Tiruppur Joint I SRO that carry a 2024 guideline value ranging from Rs 840 to Rs 4,480 per sq.ft. The median value is Rs 1,120 per sq.ft, placing BABUJI NAGAR 1ST to 4th STREET above this median.

Stamp duty and registration fee for property in BABUJI NAGAR 1ST to 4th STREET

For a 1,000 sq.ft plot at the current rate of Rs 1,455 per sq.ft, the guideline value amounts to Rs 14,55,000. The stamp duty at 7% would be Rs 1,01,850, and the registration fee at 2% would be Rs 29,100, totaling Rs 1,30,950. 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 more details.

Which Sub Registrar Office covers BABUJI NAGAR 1ST to 4th STREET?

The Sub Registrar Office that covers BABUJI NAGAR 1ST to 4th STREET is 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 - C

The guideline value is a crucial factor during property registration in Ward - C, as it determines the base value on which stamp duty and registration fees are calculated. Buyers and sellers must consider this value to ensure compliance with legal requirements during the transaction.

When a property is sold, the guideline value or the sale price is used to calculate the applicable duties, ensuring that the government receives the correct revenue from property transactions. It is essential for both parties to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for BABUJI NAGAR 1ST to 4th STREET?

The current guideline value for BABUJI NAGAR 1ST to 4th STREET is Rs 1,455 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 890 per sq.ft in 2007 to Rs 1,455 per sq.ft in 2024, reflecting an overall increase of 63% over the years.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 14,55,000, the stamp duty would be Rs 1,01,850 and the registration fee would be Rs 29,100, totaling Rs 1,30,950.

Which Sub Registrar Office covers this street?

The Tiruppur Joint I Sub Registrar Office covers BABUJI NAGAR 1ST to 4th STREET, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

What is the land classification for BABUJI NAGAR 1ST to 4th STREET?

BABUJI NAGAR 1ST to 4th STREET is classified as Residential Class III Type - I.