Guideline Value

Corporate

Guideline Value for BALAMURUGAN LAYOUT 1ST STREET

₹711/sq.ft.

The guideline value for Balamurugan Layout 1st Street in Ward - A village (Tiruppur Joint Ii SRO, Coimbatore zone) is Rs 711 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 2% change. The land classification is Commercial Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - A

Village

Tiruppur Joint II

SRO

Commercial Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹711 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹422 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹630 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹195 /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 Balamurugan Layout 1st Street

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Balamurugan Layout 1st Street guideline value

The current guideline value of Balamurugan Layout 1st Street is Rs 711 per sq.ft, effective from 1 July 2024. This street is located in Ward - A village, under the Tiruppur Joint II SRO, and is classified as Commercial Class I Type - II.

How the guideline value of Balamurugan Layout 1st Street has changed

Over the years, the guideline value of Balamurugan Layout 1st Street has seen significant changes. In 2007, the guideline value was Rs 195 per sq.ft, which increased to Rs 630 per sq.ft in 2012, reflecting a rise of 223%. However, it then decreased to Rs 422 per sq.ft in 2017, marking a decline of 33%. The value continued to rise, reaching Rs 700 per sq.ft in 2023, and further increasing to Rs 711 per sq.ft in 2024, a change of 2%.

There are no figures available for the revisions in 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 265%.

Guideline values in Ward - A

In Ward - A, there are a total of 229 streets under the Tiruppur Joint II SRO that carry a guideline value for 2024, ranging from Rs 701 to Rs 880 per sq.ft. The median value for these streets is Rs 709 per sq.ft, placing Balamurugan Layout 1st Street's 2024 figure above this median.

Stamp duty and registration fee for property in Balamurugan Layout 1st Street

For a 1,000 sq.ft plot at the current guideline value of Rs 711 per sq.ft, the total guideline value amounts to Rs 7,11,000. The stamp duty at 7% would be Rs 49,770, while the registration fee at 2% would be Rs 14,220, bringing the total cost for these fees to Rs 63,990. It is important to note that duty is charged on the higher of the guideline value and the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Balamurugan Layout 1st Street?

The Sub Registrar Office that covers Balamurugan Layout 1st Street 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 - A

The guideline value plays a crucial role during the registration of property transactions in Ward - A. It is used to determine the stamp duty and registration fees that must be paid when a property is bought or sold.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the fees are based on a fair valuation of the property being transacted.

Frequently asked questions

What is the current guideline value of Balamurugan Layout 1st Street?

The current guideline value of Balamurugan Layout 1st Street is Rs 711 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 195 per sq.ft in 2007 to Rs 711 per sq.ft in 2024, marking an overall increase of 265% over this period.

What is the registration office for Balamurugan Layout 1st Street?

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

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the higher of the guideline value or the sale price of the property. For example, a 1,000 sq.ft plot at the current rate would incur a total fee of Rs 63,990.

What are the other streets in Ward - A with the same guideline value?

Other streets in Ward - A that share the same guideline value of Rs 711 per sq.ft include Balamurugan Layout, Balamurugan Layout 2nd Street, Balamurugan Layout 3rd Street, Balamurugan Colony, Balamurugan Layout 4th Street, and Balamurugan Layout 5th Street.