Guideline Value

Corporate

Guideline Value for BALAMURUGAN LAYOUT 5TH STREET

₹711/sq.ft.

The guideline value for Balamurugan Layout 5th 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 5th Street

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Balamurugan Layout 5th Street guideline value

The current guideline value of Balamurugan Layout 5th Street is Rs 711 per sq.ft. 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 5th Street has changed

The guideline value for Balamurugan Layout 5th Street has undergone several revisions over the years. In 2007, the value was Rs 195 per sq.ft, which increased significantly to Rs 630 per sq.ft in 2012. However, it then decreased to Rs 422 per sq.ft in 2017. The value saw a substantial increase to Rs 700 per sq.ft in 2023 and is now Rs 711 per sq.ft as of the 2024 revision, effective from 1 July 2024. The register has no figures for the years 2002 and 2003.

Between these revisions, the changes were notable. From 2007 to 2012, there was an increase of 223%, followed by a decrease of 33% from 2012 to 2017. The value then increased by 66% from 2017 to 2023, and finally, a 2% rise from 2023 to 2024. Overall, from 2007 to 2024, the guideline value has increased by 265%.

Guideline values in Ward - A

In Ward - A, there are 229 streets under the Tiruppur Joint II SRO that have a 2024 guideline value 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 5th Street above that median.

Stamp duty and registration fee for property in Balamurugan Layout 5th Street

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

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Balamurugan Layout 5th Street?

The Sub Registrar Office that covers Balamurugan Layout 5th Street is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

To find your SRO, you can visit this link.

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

The guideline value is a crucial figure used during the registration of property transactions in Ward - A. It establishes a baseline for the value of the property, which helps determine the stamp duty and registration fees applicable to the sale.

When buying or selling property, the guideline value is referenced to ensure that the fees are calculated correctly. This value is essential for both buyers and sellers to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value of Balamurugan Layout 5th Street?

The current guideline value of Balamurugan Layout 5th 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, reflecting an overall increase of 265% over the years.

What is the land classification of Balamurugan Layout 5th Street?

Balamurugan Layout 5th Street is classified as Commercial Class I Type - II, indicating its intended use for commercial purposes.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office for Balamurugan Layout 5th 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 guideline value or the sale price of the property, whichever is higher. For example, a 1,000 sq.ft plot at the current rate results in total fees of Rs 63,990.