Guideline Value for BSA Nagar

BSA Nagar guideline value

The current guideline value of BSA Nagar is Rs 1,100 per sq.ft, effective from 1 July 2024. BSA Nagar is located in Vadavalli village, which falls under the Vadavalli Sub Registrar Office (SRO). The land classification for this area is Residential Class I Type - I.

How the guideline value of BSA Nagar has changed

The guideline value for BSA Nagar has undergone several revisions over the years. In the 2012 revision, the value was set at Rs 1,000 per sq.ft. This figure was then reduced to Rs 670 per sq.ft in the 2017 revision. Following this, the 2023 revision saw an increase to Rs 1,000 per sq.ft, and the most recent 2024 revision raised it further to Rs 1,100 per sq.ft, marking a 10% increase from the previous year.

From 2012 to 2024, the overall change in guideline value is an increase of 10%. The jump from Rs 670 per sq.ft in 2017 to Rs 1,000 per sq.ft in 2023 represents a significant increase of 49%. It is important to note that there are no figures available for BSA Nagar in the revisions from 2002, 2003, and 2007.

Guideline values in Vadavalli

In Vadavalli, there are a total of 461 streets under the Vadavalli SRO, with the 2024 guideline values ranging from Rs 1,000 to Rs 2,200 per sq.ft. The median guideline value is Rs 1,100 per sq.ft, which is equal to the current value for BSA Nagar.

• Brindavan Arcade: Rs 1,002 per sq.ft (2024)
• BPR Nagar: Rs 1,100 per sq.ft (2024)
• BPC Nagar: Rs 1,100 per sq.ft (2024)
• Cellarium Aahana: Rs 1,565 per sq.ft (2024)
• Central Excise Colony: Rs 1,870 per sq.ft (2024)
• Boopathi Raja Nagar: Rs 1,001 per sq.ft (2024)

Stamp duty and registration fee for property in BSA Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total to Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers BSA Nagar?

BSA Nagar is covered by the Vadavalli Sub Registrar Office. The address for the office is Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046, 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 Vadavalli

The guideline value plays a crucial role during the registration process when buying or selling property in Vadavalli. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

Frequently asked questions

What is the current guideline value of BSA Nagar?

The current guideline value of BSA Nagar is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then back to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,100 per sq.ft in 2024.

What is the land classification for BSA Nagar?

BSA Nagar is classified as Residential Class I Type - I, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for BSA Nagar?

The Sub Registrar Office covering BSA Nagar is located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.

How is stamp duty calculated for property in BSA Nagar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the total stamp duty would amount to Rs 77,000.