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Guideline Value

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Guideline Value for BAJANAI KOVIL STREET-1 WARD -8

₹250/sq.ft.

The guideline value for Bajanai Kovil Street-1 Ward -8 in Kaniyur village (Kaniyur SRO, Coimbatore zone) is Rs 250 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Kaniyur

Village

Kaniyur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹250 /sq.ft.
From 1-4-2023 ₹250 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹167 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹250 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹42 /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)

61, Madathukulam Main Road, Kaniyur, Madathukulam Taluk, Triupur District - 642 203.
04252-292025
[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 Bajanai Kovil Street-1 Ward -8

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Bajanai Kovil Street-1 Ward -8 guideline value

The current guideline value of Bajanai Kovil Street-1 Ward -8 is Rs 250 per sq.ft, effective from 1 July 2024. This street is located in Kaniyur village, under the Kaniyur Sub Registrar Office (SRO), classified as Residential Class I Type - I.

How the guideline value of Bajanai Kovil Street-1 Ward -8 has changed

Over the years, the guideline value for Bajanai Kovil Street-1 Ward -8 has seen several revisions. The earliest recorded figure is from 2007, where the value was Rs 42 per sq.ft. This increased significantly to Rs 250 per sq.ft in 2012, marking a remarkable rise of 495%. However, the value then decreased to Rs 167 per sq.ft in 2017, a drop of 33%. Following this, the value remained at Rs 250 per sq.ft in both the 2023 and 2024 revisions, showing no change between these two years. Notably, the register has no figures for the years 2002 and 2003 for this street.

From 2017 to 2023, the guideline value increased by 50%, bringing it back to Rs 250 per sq.ft. Overall, from 2007 to 2024, the guideline value has risen by 495%, reflecting the fluctuations and adjustments made over the years.

Guideline values in Kaniyur

In Kaniyur, there are 49 streets under the Kaniyur SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 300 per sq.ft, with a median value of Rs 250 per sq.ft. Bajanai Kovil Street-1 Ward -8's 2024 figure aligns with this median.

Stamp duty and registration fee for property in Bajanai Kovil Street-1 Ward -8

For a 1,000 sq.ft plot at the current rate of Rs 250 per sq.ft, the guideline value amounts to Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, totaling Rs 22,500. Please note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Bajanai Kovil Street-1 Ward -8?

The Sub Registrar Office that covers Bajanai Kovil Street-1 Ward -8 is the Kaniyur Sub Registrar Office, located at 61, Madathukulam Main Road, Kaniyur, Madathukulam Taluk, Tirupur District - 642 203, Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor in property transactions in Kaniyur, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, ensuring that the transaction is compliant with local regulations.

It is important for buyers and sellers to be aware of the current guideline value, as it can impact the overall cost of the transaction. Understanding how the guideline value is set and revised can help in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value of Bajanai Kovil Street-1 Ward -8?

The current guideline value of Bajanai Kovil Street-1 Ward -8 is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, starting from Rs 42 per sq.ft in 2007 to Rs 250 per sq.ft in 2012, then dropping to Rs 167 per sq.ft in 2017, and returning to Rs 250 per sq.ft in 2023 and 2024.

What is the land classification for Bajanai Kovil Street-1 Ward -8?

Bajanai Kovil Street-1 Ward -8 is classified as Residential Class I Type - I, indicating its suitability for residential development.

Where can I find the Kaniyur Sub Registrar Office?

The Kaniyur Sub Registrar Office is located at 61, Madathukulam Main Road, Kaniyur, Madathukulam Taluk, Tirupur District - 642 203, Coimbatore registration zone.

How is stamp duty calculated for properties in Kaniyur?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 250 per sq.ft would incur a stamp duty of Rs 17,500.