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Guideline Value

Corporate

Guideline Value for BALAJI NAGAR PHASE 1 (KALAPPATTI)

₹1065/sq.ft.

The guideline value for Balaji Nagar Phase 1 (kalappatti) in Kalapatty_west village (Gandhipuram SRO, Coimbatore zone) is Rs 1065 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 7% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Kalapatty_west

Village

Gandhipuram

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1065 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
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)

Sro Gandhipuram,kalapatti Road,near Saravanampatti Poilce Station,saravanampatti-641035
0422-2666669
[email protected]

DRO (District Registrar Office)

District Registara Office, Syriyan Church Road, Corporation Marriage Hall, Coimbatore -641001
0422-2300722
[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 Phase 1 (kalappatti)

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Balaji Nagar Phase 1 (Kalappatti) guideline value

The current guideline value of Balaji Nagar Phase 1 (Kalappatti) is Rs 1,065 per sq.ft, effective from 1 July 2024. This area is located in Kalapatty_west village and falls under the Gandhipuram SRO. The land classification for this street is Residential Class I Type - I.

How the guideline value of Balaji Nagar Phase 1 (Kalappatti) has changed

Looking at the historical revisions, the guideline value for Balaji Nagar Phase 1 (Kalappatti) was Rs 536 per sq.ft in 2017. This increased significantly to Rs 1,000 per sq.ft in 2023, marking an increase of 87%. The latest revision in 2024 saw the value rise to Rs 1,065 per sq.ft, which is a 7% increase from the previous year.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 99%.

Guideline values in Kalapatty_west

In Kalapatty_west, there are 357 streets under the Gandhipuram SRO that carry a 2024 guideline value ranging from Rs 1,010 to Rs 3,920 per sq.ft, with a median value of Rs 1,060 per sq.ft. The guideline value of Balaji Nagar Phase 1 (Kalappatti) is above this median.

Stamp duty and registration fee for property in Balaji Nagar Phase 1 (Kalappatti)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,065 per sq.ft, the total guideline value would be Rs 10,65,000. The stamp duty at 7% would be Rs 74,550, and the registration fee at 2% would be Rs 21,300, bringing the total cost for these fees to Rs 95,850. Please note that 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 Balaji Nagar Phase 1 (Kalappatti)?

The Sub Registrar Office that covers Balaji Nagar Phase 1 (Kalappatti) is the Gandhipuram Sub Registrar Office, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Kalapatty_west. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring compliance with local regulations.

When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that both buyers and sellers are aware of the financial obligations associated with the transaction.

Frequently asked questions

What is the current guideline value of Balaji Nagar Phase 1 (Kalappatti)?

The current guideline value of Balaji Nagar Phase 1 (Kalappatti) is Rs 1,065 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 536 per sq.ft to Rs 1,065 per sq.ft in 2024, marking an overall increase of 99%.

What is the registration office for Balaji Nagar Phase 1 (Kalappatti)?

The registration office for Balaji Nagar Phase 1 (Kalappatti) is the Gandhipuram Sub Registrar Office, located near Saravanampatti Police Station.

What are the stamp duty and registration fees for property transactions?

Stamp duty is charged at 7% of the guideline value or the sale price, whichever is higher, and the registration fee is 2% of the guideline value.

Are there other streets with similar guideline values in Kalapatty_west?

Yes, there are several other streets in Kalapatty_west with similar guideline values, including Balaji Nagar Phase 2 and B Ayyasamy Nagar, both valued at Rs 1,065 per sq.ft in 2024.