Guideline Value

Corporate

Guideline Value for BABUJI NAGAR MAIN STREET

₹1455/sq.ft.

The guideline value for Babuji Nagar Main 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 Main Street

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Babuji Nagar Main Street guideline value

The current guideline value of Babuji Nagar Main Street is Rs 1,455 per sq.ft. This street is located in Ward - C village under the Tiruppur Joint I SRO, classified as Residential Class III Type - I.

How the guideline value of Babuji Nagar Main Street has changed

The guideline value for Babuji Nagar Main Street has undergone several revisions over the years. In 2007, the value was Rs 890 per sq.ft, which increased to Rs 1,300 per sq.ft in 2012. However, it decreased to Rs 871 per sq.ft in 2017. The subsequent revision in 2023 saw a significant increase to Rs 1,300 per sq.ft, and the latest revision in 2024 set the guideline value at Rs 1,455 per sq.ft, reflecting a 12% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 63%. Notably, there are no figures available for this street in the revisions of 2002 and 2003.

Guideline values in Ward - C

In Ward - C, there are 137 streets under the Tiruppur Joint I SRO, with 2024 guideline values ranging from Rs 840 to Rs 4,480 per sq.ft. The median value in this ward is Rs 1,120 per sq.ft, making Babuji Nagar Main Street's current value above the median.

Stamp duty and registration fee for property in Babuji Nagar Main Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,455 per sq.ft, the total 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, bringing the total cost to Rs 1,30,950. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Babuji Nagar Main Street?

The Sub Registrar Office that covers Babuji Nagar Main Street is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

To find your SRO, visit find your SRO.

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

The guideline value is a crucial factor when buying or selling property in Ward - C. It serves as a benchmark for determining the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations during property transactions.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees, which are essential costs in the property transfer process. It is vital for both parties to be aware of the current guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Babuji Nagar Main Street?

The current guideline value of Babuji Nagar Main Street is Rs 1,455 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Over the years, the guideline value has seen several revisions. It was Rs 890 per sq.ft in 2007, increased to Rs 1,300 in 2012, decreased to Rs 871 in 2017, and then rose to Rs 1,300 in 2023 before reaching Rs 1,455 in 2024.

What is the land classification of Babuji Nagar Main Street?

Babuji Nagar Main Street is classified as Residential Class III Type - I, indicating its suitability for residential development.

What are the stamp duty rates for properties in Babuji Nagar Main Street?

The stamp duty for properties in Babuji Nagar Main Street is charged at 7% of the guideline value or sale price, whichever is higher. Registration fees are charged at 2% of the guideline value.

Where can I find the Sub Registrar Office for Babuji Nagar Main Street?

The Sub Registrar Office for Babuji Nagar Main Street is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.