Guideline Value

Corporate

Guideline Value for BENNY MAIN ROAD

₹3920/sq.ft.

The guideline value for Benny Main Road in Ward - K village (Tiruppur Joint I SRO, Coimbatore zone) is Rs 3920 per sq.ft, effective 1 July 2024. It was Rs 3500 per sq.ft from 1 April 2023, a 12% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - K

Village

Tiruppur Joint I

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹3920 /sq.ft.
From 1-4-2023 ₹3500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2345 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2590 /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.
0421-2960088
[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 Benny Main Road

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Benny Main Road guideline value

The current guideline value of Benny Main Road is Rs 3,920 per sq.ft, effective from 1 July 2024. This road is located in Ward - K village under the Tiruppur Joint I SRO and is classified as Commercial Class I Type - I.

How the guideline value of Benny Main Road has changed

The guideline value for Benny Main Road has seen several revisions over the years. The 2007 revision set the value at Rs 2,590 per sq.ft, which increased to Rs 3,500 per sq.ft in 2012. However, there was a decrease in the value to Rs 2,345 per sq.ft in 2017. Following this, the value rose significantly to Rs 3,500 per sq.ft in 2023, and the latest revision in 2024 has set it at Rs 3,920 per sq.ft. The changes between these revisions include a 35% increase from 2007 to 2012, a 33% decrease from 2012 to 2017, a 49% increase from 2017 to 2023, and a 12% increase from 2023 to 2024.

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 51%.

Guideline values in Ward - K

In Ward - K, there are 175 streets that carry a 2024 guideline value, ranging from Rs 780 to Rs 4,480 per sq.ft, with the median value being Rs 1,120 per sq.ft. Benny Main Road's 2024 figure is above this median.

Stamp duty and registration fee for property in Benny Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 3,920 per sq.ft, the total guideline value would be Rs 39,20,000. The stamp duty at 7% would be Rs 2,74,400, and the registration fee at 2% would be Rs 78,400, bringing the total fees to Rs 3,52,800. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Benny Main Road?

The Sub Registrar Office that covers Benny Main Road is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Ward - K. It is used to determine the stamp duty and registration fees that must be paid at the time of registration.

When buying or selling property, it is essential to consider the guideline value as it reflects the official valuation set by the government, impacting the overall cost involved in the transaction.

Frequently asked questions

What is the current guideline value of Benny Main Road?

The current guideline value of Benny Main Road is Rs 3,920 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,590 per sq.ft in 2007 to Rs 3,920 per sq.ft in 2024, with various increases and decreases in between, including a notable 49% increase from 2017 to 2023.

What is the registration office for Benny Main Road?

The registration office for Benny Main Road is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

How is stamp duty calculated for properties on Benny Main Road?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft property at the current rate, the stamp duty would be Rs 2,74,400.

What are the guideline values for other streets in Ward - K?

Other streets in Ward - K have varying guideline values, with rates ranging from Rs 780 to Rs 4,480 per sq.ft. Benny Main Road's value is Rs 3,920 per sq.ft, which is above the median value of Rs 1,120 per sq.ft in the area.