Guideline Value

Corporate

Guideline Value for BALASUNDRAM ROAD.JAYASAMANI ROAD

₹1400/sq.ft.

The guideline value for Balasundram Road.jayasamani Road in Ganapathy village (Ganapathy SRO, Coimbatore zone) is Rs 1400 per sq.ft, effective 1 July 2024. It was Rs 1250 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ganapathy

Village

Ganapathy

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1400 /sq.ft.
From 1-4-2023 ₹1250 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹837 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1250 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹700 /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)

Sankaralinganar Road, Maniyakaranpalayam , Ganapathy, Coimbatore. 641006.
0422-2539950
[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]

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Balasundram Road.Jayasamani Road guideline value

The current guideline value of Balasundram Road.Jayasamani Road is Rs 1,400 per sq.ft, effective from 1 July 2024. This property is located in Ganapathy village, under the Ganapathy SRO, and is classified as Residential Class I Type - I.

How the guideline value of Balasundram Road.Jayasamani Road has changed

The guideline value has undergone several revisions over the years. In 2007, the value was Rs 700 per sq.ft, which increased to Rs 1,250 per sq.ft in 2012. This marked a significant increase of 79%. However, in 2017, the value dropped to Rs 837 per sq.ft, reflecting a decrease of 33%. The next revision in 2023 saw the value rise to Rs 1,250 per sq.ft, followed by a further increase to Rs 1,400 per sq.ft in 2024, which is a 12% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 100%. The revisions for the years 2002 and 2003 have no figures available for this street in the register.

Guideline values in Ganapathy

In Ganapathy, there are 324 streets under the Ganapathy SRO that carry a 2024 guideline value, ranging from Rs 1,007 to Rs 4,595 per sq.ft. The median value is Rs 1,120 per sq.ft, placing Balasundram Road.Jayasamani Road's 2024 figure above this median.

Stamp duty and registration fee for property in Balasundram Road.Jayasamani Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,400 per sq.ft, the total guideline value amounts to Rs 14,00,000. The stamp duty at 7% would be Rs 98,000, and the registration fee at 2% would be Rs 28,000, bringing the total cost to Rs 1,26,000. 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 information.

Which Sub Registrar Office covers Balasundram Road.Jayasamani Road?

The Sub Registrar Office that covers Balasundram Road.Jayasamani Road is the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006. You can find your SRO for further assistance.

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

The guideline value is a crucial factor in property transactions in Ganapathy, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees.

It is important to note that the guideline value may differ from the actual sale price of the property. Buyers should be aware that the stamp duty is charged based on the higher of the guideline value or the sale price, ensuring that the transaction is properly registered.

Frequently asked questions

What is the current guideline value of Balasundram Road.Jayasamani Road?

The current guideline value of Balasundram Road.Jayasamani Road is Rs 1,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 700 per sq.ft in 2007 to Rs 1,400 per sq.ft in 2024, marking an overall increase of 100% over the years.

What other streets in Ganapathy have guideline values?

Other streets in Ganapathy include Balan Nagar, Balugardens Phase 1.2, Balamurugan Nagar, Balaji Nagar (Srinivasapuram), and Balaji Layout, with varying guideline values.

What are the stamp duty and registration fees for property in Balasundram Road.Jayasamani Road?

For a property with a guideline value of Rs 14,00,000, the stamp duty would be Rs 98,000 and the registration fee would be Rs 28,000, totaling Rs 1,26,000.

Which office handles registrations for properties in Ganapathy?

The Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, handles registrations for properties in Ganapathy.