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Guideline Value

Corporate

Guideline Value for Baba Nagar (Onapalayam Road)

₹1000/sq.ft.

The guideline value for Baba Nagar (onapalayam Road) in Kavundampalayam village (Vadavalli SRO, Coimbatore zone) is Rs 1000 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Kavundampalayam

Village

Vadavalli

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹1000 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
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)

Subregistrar Office, Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046
0422-2425260
[email protected]

DRO (District Registrar Office)

District Registara Office, Syriyan Church Road, Corporation Marriage Hall, Coimbatore -641001
0422-2300722
[email protected],[email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Baba Nagar (onapalayam Road)

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Baba Nagar (Onapalayam Road) guideline value

The current guideline value of Baba Nagar (Onapalayam Road) is Rs 1,000 per sq.ft, effective from 1 July 2024. This street is located in Kavundampalayam village, under the Vadavalli SRO, and is classified as Residential Class I Type - II.

How the guideline value of Baba Nagar (Onapalayam Road) has changed

The guideline value for Baba Nagar (Onapalayam Road) has undergone several revisions over the years. The 2012 revision set the value at Rs 800 per sq.ft, which was followed by a decrease to Rs 536 per sq.ft in the 2017 revision. However, from 2017 to 2023, the value increased significantly to Rs 1,000 per sq.ft, reflecting an increase of 87%. The 2023 revision maintained the same value of Rs 1,000 per sq.ft, and this figure has been carried forward into the 2024 revision.

It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 25%.

Guideline values in Kavundampalayam

Kavundampalayam village has a total of 565 streets under the Vadavalli SRO, with guideline values ranging from Rs 1,000 to Rs 4,405 per sq.ft. The median guideline value for these streets is Rs 1,000 per sq.ft, which is the same as the current value for Baba Nagar.

Stamp duty and registration fee for property in Baba Nagar (Onapalayam Road)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value amounts to Rs 10,00,000. The stamp duty, charged at 7%, would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total fees to Rs 90,000. Please 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 Baba Nagar (Onapalayam Road)?

The Baba Nagar (Onapalayam Road) area falls under the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Kavundampalayam

The guideline value plays a crucial role in the registration process when buying or selling property in Kavundampalayam. It serves as a benchmark for determining the stamp duty and registration fees, which are essential costs in any property transaction.

When a property is sold, the guideline value is used to calculate the applicable taxes, ensuring that both buyers and sellers are aware of the financial implications of their transactions. It is important for potential buyers to be informed about the current guideline value to avoid any surprises during the registration process.

Frequently asked questions

What is the current guideline value of Baba Nagar (Onapalayam Road)?

The current guideline value of Baba Nagar (Onapalayam Road) is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen changes from Rs 800 per sq.ft in 2012 to Rs 536 per sq.ft in 2017, and then it increased to Rs 1,000 per sq.ft in 2023 and remained the same in 2024.

What is the median guideline value in Kavundampalayam?

The median guideline value for streets in Kavundampalayam is Rs 1,000 per sq.ft, which is the same as the current value for Baba Nagar.

Where is the Vadavalli Sub Registrar Office located?

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

How is stamp duty calculated for properties in Baba Nagar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property with a guideline value of Rs 10,00,000, the stamp duty would be Rs 70,000 at a rate of 7%.