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Guideline Value

Corporate

Guideline Value for BALAJI NAGAR EXTENSION,

₹825/sq.ft.

The guideline value for Balaji Nagar Extension, in Ward - G village (Tiruppur Joint Ii SRO, Coimbatore zone) is Rs 825 per sq.ft, effective 1 July 2024. It was Rs 750 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - G

Village

Tiruppur Joint II

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹825 /sq.ft.
From 1-4-2023 ₹750 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹502 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹750 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹385 /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.
0421-2960035
[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 Balaji Nagar Extension,

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Balaji Nagar Extension, guideline value

The current guideline value of Balaji Nagar Extension is Rs 825 per sq.ft, effective from 1 July 2024. This property is located in Ward - G village under the Tiruppur Joint II SRO and is classified as Residential Class I Type - II.

How the guideline value of Balaji Nagar Extension has changed

The guideline value for Balaji Nagar Extension has undergone several revisions over the years. In 2007, the value was Rs 385 per sq.ft, which increased to Rs 750 per sq.ft in 2012. However, it then decreased to Rs 502 per sq.ft in 2017. The 2023 revision saw a significant increase to Rs 750 per sq.ft, followed by another rise to Rs 825 per sq.ft in 2024. Notably, the register has no figures for the years 2002 and 2003 for this street.

From 2017 to 2023, the guideline value increased by 49%. The 2024 revision reflects a 10% increase from the previous year. Overall, from 2007 to 2024, the guideline value has increased by 114%.

Guideline values in Ward - G

In Ward - G, there are 134 streets under the Tiruppur Joint II SRO with a 2024 guideline value range from Rs 701 to Rs 4,650 per sq.ft. The median value for these streets is Rs 880 per sq.ft, making Balaji Nagar Extension's 2024 figure below that median.

Stamp duty and registration fee for property in Balaji Nagar Extension

For a 1,000 sq.ft plot at the current rate of Rs 825 per sq.ft, the guideline value amounts to Rs 8,25,000. The stamp duty at 7% would be Rs 57,750, and the registration fee at 2% would be Rs 16,500, bringing the total to Rs 74,250. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Balaji Nagar Extension?

The Sub Registrar Office that covers Balaji Nagar Extension is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is an essential factor in the registration process for property transactions in Ward - G. It is used to determine the stamp duty and registration fees that must be paid when a property is bought or sold.

When registering a property, the guideline value serves as a benchmark for calculating the applicable fees, ensuring that all transactions are conducted transparently and uniformly. Buyers and sellers should be aware of the current guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Balaji Nagar Extension?

The current guideline value of Balaji Nagar Extension is Rs 825 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 385 per sq.ft in 2007 to Rs 825 per sq.ft in 2024, reflecting an overall increase of 114% over the years.

What is the registration office for Balaji Nagar Extension?

The registration office for Balaji Nagar Extension is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

What are the stamp duty and registration fees for property in Balaji Nagar Extension?

For a property valued at Rs 8,25,000, the stamp duty would be Rs 57,750, and the registration fee would be Rs 16,500, totaling Rs 74,250.

How is the guideline value used in property transactions?

The guideline value is used to calculate the stamp duty and registration fees during property transactions. It ensures that the fees are consistent and based on the current value of the property being registered.