Guideline Value for Baba Nagar

Baba Nagar guideline value

The current guideline value of Baba Nagar, located in Pappampatti village under the Singanallur SRO, is Rs 165 per sq.ft as per the 2024 revision, effective from 1 July 2024. This area is classified as Residential Class II Type - II.

How the guideline value of Baba Nagar has changed

Over the years, the guideline value of Baba Nagar has seen several revisions. The register has no figure for this street for the years 2002, 2003, 2007, 2012, and 2017. The most recent figures show that in 2023, the guideline value was Rs 126 per sq.ft, which increased to Rs 165 per sq.ft in the 2024 revision, marking a change of +31%.

This upward revision reflects the current valuation trends in the area. The 2024 rate of Rs 165 per sq.ft is below the median rate of Rs 195 per sq.ft for the 140 streets in Pappampatti under the Singanallur SRO, which range from Rs 140 to Rs 750 per sq.ft.

Guideline values in Pappampatti

Pappampatti village features a variety of guideline values across its streets. The current guideline value for Baba Nagar is Rs 165 per sq.ft, which is below the median value for the area.

• Ayothiyapuram TKN Layout: Rs 165 per sq.ft (2024)
• Ayothiyapuram Sriram Nagar: Rs 165 per sq.ft (2024)
• Ayothiyapuram Nachiyar Nagar: Rs 165 per sq.ft (2024)
• Ayodhayapuram Lakshman Nagar: Rs 165 per sq.ft (2024)
• Barath Nagar: Rs 170 per sq.ft (2024)
• Bharathi Nagar I, II, III: Rs 165 per sq.ft (2024)

Stamp duty and registration fee for property in Baba Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 165 per sq.ft, the total guideline value amounts to Rs 1,65,000. The stamp duty, charged at 7%, would be Rs 11,550, and the registration fee at 2% would be Rs 3,300. Together, these fees total Rs 14,850. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Baba Nagar?

The Baba Nagar area is covered by the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Pappampatti. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees that need to be paid at the time of registration. It ensures that the transaction is documented accurately and legally.

Frequently asked questions

What is the current guideline value of Baba Nagar?

The current guideline value of Baba Nagar is Rs 165 per sq.ft as per the 2024 revision, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Baba Nagar was Rs 126 per sq.ft in 2023 and increased by 31% to Rs 165 per sq.ft in 2024. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification of Baba Nagar?

Baba Nagar is classified as Residential Class II Type - II. This classification indicates the type of development allowed in the area.

What are the stamp duty and registration fees for property in Baba Nagar?

For a property valued at Rs 1,65,000, the stamp duty would be Rs 11,550 and the registration fee would be Rs 3,300, totaling Rs 14,850. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles property registrations in Baba Nagar?

The Singanallur Sub Registrar Office handles property registrations for Baba Nagar. It is located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.