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Guideline Value

Corporate

Guideline Value for BRIDGEWAY COLONY EXTENSION MAIN ROAD

₹1680/sq.ft.

The guideline value for Bridgeway Colony Extension Main 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 Extension Main Road

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Bridgeway Colony Extension Main Road guideline value

The current guideline value for Bridgeway Colony Extension Main Road is Rs 1,680 per sq.ft, effective from 1 July 2024. This property is located in Ward - J village, under the Tiruppur Joint I SRO, with a land classification of Residential Class II Type - II.

How the guideline value of Bridgeway Colony Extension Main Road has changed

The guideline value for Bridgeway Colony Extension Main Road 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 then decreased to Rs 1,005 per sq.ft in 2017, before rising significantly to Rs 1,500 per sq.ft in 2023. The most recent revision in 2024 set the guideline value at Rs 1,680 per sq.ft, marking a 12% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 38%. Notably, there are no figures available for the years 2002 and 2003 in the register for this street.

Guideline values in Ward - J

In Ward - J, there are 209 streets under the Tiruppur Joint I SRO that carry 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 Extension Main Road is above this median.

Stamp duty and registration fee for property in Bridgeway Colony Extension Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,680 per sq.ft, the total guideline value would be Rs 16,80,000. The stamp duty at 7% would amount to Rs 1,17,600, and the registration fee at 2% would be Rs 33,600, bringing the total to Rs 1,51,200. 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 Bridgeway Colony Extension Main Road?

The Sub Registrar Office that covers Bridgeway Colony Extension Main 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 more information.

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 when buying or selling property in Ward - J. It determines the stamp duty and registration fees payable during the transaction, ensuring that they are calculated based on the officially recognized value of the property.

Frequently asked questions

What is the current guideline value for Bridgeway Colony Extension Main Road?

The current guideline value for Bridgeway Colony Extension Main 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, with various increases and decreases in between. The most significant increase was from Rs 1,500 per sq.ft in 2023 to Rs 1,680 per sq.ft in 2024.

What is the registration fee for properties in this area?

The registration fee for properties is calculated based on the guideline value. For example, a property valued at Rs 16,80,000 would incur a registration fee of Rs 33,600 at a rate of 2%.

Which office handles the registration in this area?

The Tiruppur Joint I Sub Registrar Office handles the registration for Bridgeway Colony Extension Main Road. It is located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.

How is the guideline value used in property transactions?

The guideline value is used to determine the stamp duty and registration fees during property transactions. It is essential for buyers and sellers to be aware of the current guideline value to ensure accurate calculations and compliance with registration requirements.