Guideline Value for BALAJI NAGAR

Balaji Nagar guideline value

The current guideline value of Balaji Nagar is Rs 234 per sq.ft, effective from 1 July 2024. This area is located in Anaimalai village, under the Anaimalai SRO, and is classified as Residential Class I Type - III.

How the guideline value of Balaji Nagar has changed

In the 2017 revision, the guideline value for Balaji Nagar was set at Rs 234 per sq.ft. This figure remained unchanged in the 2023 revision, which also recorded a guideline value of Rs 234 per sq.ft. The most recent revision in 2024 also maintains the same guideline value of Rs 234 per sq.ft, indicating no change across these years.

The register has no figures for the years 2002, 2003, 2007, and 2012 for this street. Therefore, the guideline value has remained consistent at Rs 234 per sq.ft from 2017 through 2024, with no changes noted in the intervening years.

Guideline values in Anaimalai

In Anaimalai, there are 144 streets under the Anaimalai SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 826 per sq.ft, with a median value of Rs 326 per sq.ft. The guideline value of Balaji Nagar is below this median.

• Atruppathai: Rs 200 per sq.ft (2024)
• Asiriyar Manra Nagar: Rs 350 per sq.ft (2024)
• Arasappan Street: Rs 200 per sq.ft (2024)
• Anumandarayar Kovil Street: Rs 326 per sq.ft (2024)
• Bright Garden: Rs 326 per sq.ft (2024)
• Brindavan Nagar: Rs 350 per sq.ft (2024)

Stamp duty and registration fee for property in Balaji Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 234 per sq.ft, the total guideline value amounts to Rs 2,34,000. The stamp duty at 7% would be Rs 16,380, and the registration fee at 2% would be Rs 4,680, bringing the total fees to Rs 21,060. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Balaji Nagar?

The Sub Registrar Office that covers Balaji Nagar is the Anaimalai Sub Registrar Office, located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104, Coimbatore registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Anaimalai. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that the transaction is in compliance with local regulations. Buyers and sellers should be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Balaji Nagar?

The current guideline value of Balaji Nagar is Rs 234 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value of Balaji Nagar has remained at Rs 234 per sq.ft since the 2017 revision, with no changes noted in the 2023 and 2024 revisions.

What is the land classification of Balaji Nagar?

Balaji Nagar is classified as Residential Class I Type - III, indicating its designation for residential use within the Anaimalai SRO.

What are the registration fees for property in Balaji Nagar?

The registration fees for a property in Balaji Nagar are calculated based on the guideline value. For example, a 1,000 sq.ft plot would incur a total fee of Rs 21,060, which includes stamp duty and registration fees.

Which office handles property registration for Balaji Nagar?

The Anaimalai Sub Registrar Office handles property registration for Balaji Nagar, located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104.