Guideline Value for BANGALAW ROAD

Bangalaw Road guideline value

The current guideline value of Bangalaw Road in Zaminuthukuzhi village is Rs 226 per sq.ft, effective from 1 July 2024. This area falls under the Pollachi Sub Registrar Office (SRO) and is classified as Residential Special Type - II.

How the guideline value of Bangalaw Road has changed

The guideline value for Bangalaw Road has seen several revisions over the years. In 2007, the value was Rs 120 per sq.ft, which increased to Rs 225 per sq.ft in 2012. However, from 2012 to 2017, there was a decrease to Rs 151 per sq.ft. The value then rose significantly to Rs 226 per sq.ft in both 2023 and 2024, marking a 50% increase from 2017 to 2023.

It is important to note that the register has no figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 88%.

Guideline values in Zaminuthukuzhi

In Zaminuthukuzhi, there are 58 streets under the Pollachi SRO that have a 2024 guideline value ranging from Rs 200 to Rs 501 per sq.ft, with a median value of Rs 226 per sq.ft. The guideline value for Bangalaw Road is equal to this median.

• Asariyar Street: Rs 226 per sq.ft (2024)
• Arunthatiyar Street: Rs 200 per sq.ft (2024)
• Aranmanai Street: Rs 226 per sq.ft (2024)
• Arafa Garden: Rs 226 per sq.ft (2024)
• Bodipalayam Road: Rs 226 per sq.ft (2024)
• Angappa Pillai Lane: Rs 226 per sq.ft (2024)

Stamp duty and registration fee for property in Bangalaw Road

For a 1,000 sq.ft plot at the current guideline value of Rs 226 per sq.ft, the total guideline value would be Rs 2,26,000. The stamp duty at 7% would amount to Rs 15,820, and the registration fee at 2% would be Rs 4,520, bringing the total to Rs 20,340. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Bangalaw Road?

The Bangalaw Road falls under the Pollachi Sub Registrar Office, located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001., Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Zaminuthukuzhi. It is used to determine the stamp duty and registration fees that are applicable when buying or selling property in this area.

When registering a property, the guideline value is considered to ensure that the transaction is recorded accurately and that the appropriate taxes are paid. This helps maintain transparency and accountability in real estate transactions.

Frequently asked questions

What is the current guideline value of Bangalaw Road?

The current guideline value of Bangalaw Road is Rs 226 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 120 per sq.ft in 2007 to Rs 226 per sq.ft in 2024, marking an overall increase of 88%.

What is the land classification for Bangalaw Road?

Bangalaw Road is classified as Residential Special Type - II.

Where can I find the Pollachi Sub Registrar Office?

The Pollachi Sub Registrar Office is located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001., Coimbatore registration zone.

How is the stamp duty calculated for properties in Bangalaw Road?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a 1,000 sq.ft plot at the guideline value of Rs 226 per sq.ft would incur a total stamp duty of Rs 15,820.