Guideline Value

Corporate

Guideline Value for BRIDGEWAY COLONY (FABRICATION ROAD)

₹1680/sq.ft.

The guideline value for Bridgeway Colony (fabrication Road) in Ward - J village (Tiruppur Joint I SRO, Coimbatore zone) is Rs 1680 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - J

Village

Tiruppur Joint I

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹1680 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1005 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1215 /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 Bridgeway Colony (fabrication Road)

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Bridgeway Colony (Fabrication Road) guideline value

The current guideline value of Bridgeway Colony (Fabrication Road) is Rs 1,680 per sq.ft, effective from 1 July 2024. This area falls under Ward - J village and is registered with the Tiruppur Joint I SRO. The land classification for this locality is Residential Class II Type - II.

How the guideline value of Bridgeway Colony (Fabrication Road) has changed

The guideline value for Bridgeway Colony has seen several revisions over the years. In 2007, the guideline value was Rs 1,215 per sq.ft, which increased to Rs 1,500 per sq.ft in 2012. However, it decreased to Rs 1,005 per sq.ft in 2017. The value then rose significantly to Rs 1,500 per sq.ft in 2023 and further increased to Rs 1,680 per sq.ft in 2024, marking a 12% rise from the previous year. The register has no figures for the years 2002 and 2003.

From 2017 to 2023, the guideline value increased by 49%, while the change from 2012 to 2017 was a decrease of 33%. The overall change from 2007 to 2024 indicates an increase of 38% in the guideline value for this street.

Guideline values in Ward - J

In Ward - J, there are 209 streets under the Tiruppur Joint I SRO, with guideline values ranging from Rs 840 to Rs 4,480 per sq.ft. The median guideline value in this area is Rs 1,120 per sq.ft, positioning Bridgeway Colony's 2024 figure above this median.

Stamp duty and registration fee for property in Bridgeway Colony (Fabrication Road)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,680 per sq.ft, the total guideline value amounts to Rs 16,80,000. The stamp duty, charged at 7%, would be Rs 1,17,600, while the registration fee at 2% would total Rs 33,600. In total, the fees would amount to Rs 1,51,200. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Bridgeway Colony (Fabrication Road)?

The Sub Registrar Office that covers Bridgeway Colony (Fabrication Road) is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, in the Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor in the registration process of property transactions in Ward - J. It serves as a benchmark for determining the stamp duty and registration fees that are applicable when buying or selling property in this area.

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 and fees. This ensures that the government receives the appropriate revenue from property transactions in the region.

Frequently asked questions

What is the current guideline value of Bridgeway Colony (Fabrication Road)?

The current guideline value of Bridgeway Colony (Fabrication Road) is Rs 1,680 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,215 per sq.ft in 2007 to Rs 1,680 per sq.ft in 2024, reflecting an overall increase of 38% over the years.

What is the median guideline value in Ward - J?

The median guideline value in Ward - J is Rs 1,120 per sq.ft, with Bridgeway Colony's 2024 figure being above this median.

What are the stamp duty and registration fees for properties in Bridgeway Colony?

For a 1,000 sq.ft plot, the total guideline value is Rs 16,80,000. The stamp duty at 7% is Rs 1,17,600, and the registration fee at 2% is Rs 33,600, totaling Rs 1,51,200.

Which office handles registrations for Bridgeway Colony?

The Tiruppur Joint I Sub Registrar Office handles registrations for Bridgeway Colony (Fabrication Road), located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.