Guideline Value for BALAJI NAGAR EXTENTISON

Balaji Nagar Extentison guideline value

The current guideline value of Balaji Nagar Extentison is Rs 375 per sq.ft, as per the 2023 revision. This area falls under Sarkarsamakulam village and is classified as Residential Class I Type - II. The relevant Sub Registrar Office for this location is Periyanayakkan Palayam SRO.

How the guideline value of Balaji Nagar Extentison has changed

The guideline value for Balaji Nagar Extentison has undergone several revisions over the years. In the 2012 revision, the value was set at Rs 375 per sq.ft. However, this figure dropped to Rs 251 per sq.ft in the 2017 revision, marking a decrease of 33%. The most recent revision in 2023 saw a significant increase to Rs 375 per sq.ft again, reflecting a rise of 49% from the 2017 figure.

Overall, from 2012 to 2023, the guideline value has remained unchanged at Rs 375 per sq.ft. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2024 for this street.

Guideline values in Sarkarsamakulam

Currently, there are no specific village figures available for Sarkarsamakulam. Balaji Nagar Extentison is the only street mentioned in relation to the Periyanayakkan Palayam SRO. Therefore, there are no other streets in Sarkarsamakulam listed.

Stamp duty and registration fee for property in Balaji Nagar Extentison

For a 1,000 sq.ft plot at the current guideline value of Rs 375 per sq.ft, the guideline value totals Rs 3,75,000. The stamp duty at 7% would amount to Rs 26,250, and the registration fee at 2% would be Rs 7,500. Together, the total charges would be Rs 33,750. It is essential to note that duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Balaji Nagar Extentison?

The Sub Registrar Office that covers Balaji Nagar Extentison is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Sarkarsamakulam. It serves as a benchmark for determining the applicable stamp duty and registration fees, ensuring that these costs are calculated based on the guideline value or the sale price, whichever is higher.

When buying or selling property, it is important to be aware of the guideline value, as it can significantly impact the overall cost of the transaction. Buyers should ensure that they are informed about the current guideline value to avoid any unexpected charges during the registration process.

Frequently asked questions

What is the current guideline value of Balaji Nagar Extentison?

The current guideline value of Balaji Nagar Extentison is Rs 375 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 375 per sq.ft in 2012 to Rs 251 per sq.ft in 2017, and then back to Rs 375 per sq.ft in 2023. Overall, from 2012 to 2023, the value has remained the same.

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

For a property valued at Rs 3,75,000, the stamp duty would be Rs 26,250 and the registration fee would be Rs 7,500, leading to a total of Rs 33,750 in charges. These fees are based on the guideline value or the sale price, whichever is higher.

Which office registers property transactions in Balaji Nagar Extentison?

The Periyanayakkan Palayam Sub Registrar Office is responsible for registering property transactions in Balaji Nagar Extentison. The office is located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

Are there other streets in Sarkarsamakulam?

Currently, there are no other streets listed under Sarkarsamakulam in relation to the Periyanayakkan Palayam SRO. Balaji Nagar Extentison is the only street mentioned.