Guideline Value for BALAJI KCB GARDEN PHASE-I

Balaji Kcb Garden Phase-I guideline value

The current guideline value of Balaji Kcb Garden Phase-I is Rs 330 per sq.ft, effective from 1 July 2024. This property is located in Peedampalli village, under the Singanallur SRO, and is classified as Residential Special Type - II.

How the guideline value of Balaji Kcb Garden Phase-I has changed

The guideline value for Balaji Kcb Garden Phase-I has undergone several revisions over the years. In the 2017 revision, the value was set at Rs 201 per sq.ft, which remained unchanged in the 2023 revision. However, the 2024 revision saw a significant increase to Rs 330 per sq.ft, marking a 64% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Peedampalli

In Peedampalli village, there are a total of 156 streets under the Singanallur SRO that carry a 2024 guideline value, ranging from Rs 110 to Rs 1,050 per sq.ft. The median guideline value for these streets is Rs 165 per sq.ft, positioning Balaji Kcb Garden Phase-I above this median.

• Balaji Kcb Garden Phase-II: Rs 330 per sq.ft (2024)
• Balagi nagar: Rs 220 per sq.ft (2024)
• Baa Avenue: 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 Balaji Kcb Garden Phase-I

For a 1,000 sq.ft plot at the current rate of Rs 330 per sq.ft, the guideline value amounts to Rs 3,30,000. The stamp duty at 7% would be Rs 23,100, and the registration fee at 2% would be Rs 6,600, totaling Rs 29,700. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Balaji Kcb Garden Phase-I?

The Sub Registrar Office that covers Balaji Kcb Garden Phase-I is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Peedampalli. It is used to determine the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value is considered to ensure that the correct fees are applied. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Balaji Kcb Garden Phase-I?

The current guideline value of Balaji Kcb Garden Phase-I is Rs 330 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed from 2017 to 2024?

From the 2017 revision to the 2024 revision, the guideline value has increased by 64%, from Rs 201 per sq.ft to Rs 330 per sq.ft.

What are the other streets in Peedampalli with their guideline values?

Other streets in Peedampalli include Balaji Kcb Garden Phase-II at Rs 330 per sq.ft, Balagi nagar at Rs 220 per sq.ft, and several others with values ranging from Rs 165 to Rs 330 per sq.ft.

How is the stamp duty calculated for property in Balaji Kcb Garden Phase-I?

The stamp duty for property in Balaji Kcb Garden Phase-I is calculated at 7% of the guideline value, while the registration fee is charged at 2%. For example, for a 1,000 sq.ft plot, the total stamp duty and registration fee would be Rs 29,700.

Where can I find the Sub Registrar Office for Balaji Kcb Garden Phase-I?

The Sub Registrar Office for Balaji Kcb Garden Phase-I is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111. You can find more information by visiting the provided link.