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Guideline Value

Corporate

Guideline Value for BRIDGEWAY COLONY (L.R.G.LAYOUT)

₹1680/sq.ft.

The guideline value for Bridgeway Colony (l.r.g.layout) 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 (l.r.g.layout)

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Bridgeway Colony (L.R.G.Layout) guideline value

The current guideline value of Bridgeway Colony (L.R.G.Layout) is Rs 1,680 per sq.ft, effective from 1 July 2024. This area is located in Ward - J village under the Tiruppur Joint I SRO and is classified as Residential Class II Type - II.

How the guideline value of Bridgeway Colony (L.R.G.Layout) has changed

The guideline value for Bridgeway Colony (L.R.G.Layout) has seen several revisions over the years. In the 2007 revision, the value was Rs 1,215 per sq.ft, which increased to Rs 1,500 per sq.ft in the 2012 revision. However, it then decreased to Rs 1,005 per sq.ft in the 2017 revision. The value rose significantly to Rs 1,500 per sq.ft in the 2023 revision, and currently stands at Rs 1,680 per sq.ft as per the 2024 revision. The register has no figures for the years 2002 and 2003 for this street.

Between the 2017 and 2023 revisions, there was a notable increase of 49%. The value increased by 12% from the 2023 to the 2024 revision. The overall change from the 2007 revision to the 2024 revision is an increase of 38%.

Guideline values in Ward - J

In Ward - J, there are 209 streets under the Tiruppur Joint I SRO with a 2024 guideline value ranging from Rs 840 to Rs 4,480 per sq.ft, with a median value of Rs 1,120 per sq.ft. The guideline value for Bridgeway Colony (L.R.G.Layout) is above this median.

Stamp duty and registration fee for property in Bridgeway Colony (L.R.G.Layout)

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 at 7% would be Rs 1,17,600, and the registration fee at 2% would be Rs 33,600, totaling Rs 1,51,200. 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 further assistance.

Which Sub Registrar Office covers Bridgeway Colony (L.R.G.Layout)?

The Sub Registrar Office that covers Bridgeway Colony (L.R.G.Layout) 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 - J

The guideline value is an important factor when buying or selling property in Ward - J. It is used as a basis for calculating stamp duty and registration fees, ensuring that the transaction is documented accurately in the official records.

When a property is registered, the guideline value or the sale price is considered to determine the applicable fees. This ensures that both buyers and sellers are aware of the financial implications of their property transactions in this area.

Frequently asked questions

What is the current guideline value of Bridgeway Colony (L.R.G.Layout)?

The current guideline value of Bridgeway Colony (L.R.G.Layout) 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 guideline value for other streets in Ward - J?

Other streets in Ward - J have guideline values ranging from Rs 840 to Rs 4,480 per sq.ft, with the median being Rs 1,120 per sq.ft.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 16,80,000, the stamp duty would be Rs 1,17,600 and the registration fee would be Rs 33,600, totaling Rs 1,51,200.

Which office handles property registrations for Bridgeway Colony (L.R.G.Layout)?

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