Guideline Value

Corporate

Guideline Value for Bagavathsingh Street III

₹1000/sq.ft.

The guideline value for Bagavathsingh Street Iii in Telgupalayam village (Coimbatore South Joint 1 SRO, Coimbatore zone) is Rs 1000 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Telgupalayam

Village

Coimbatore South Joint 1

SRO

Residential Class II Type - I
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 N/A
From 1-4-2012 To 8-6-2017 N/A
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)

Coimbatore South Joint 1 Sub Registrar Office, No.410a, Raja Street, Coimbatore-641001
0422-2304592
[email protected]

DRO (District Registrar Office)

District Registrar Office Coimbatore (south), Fifth Floor, Singapore Plaza, Crosscut Road, Gandhipuram, Coimbatore 641012.
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[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Bagavathsingh Street Iii

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Bagavathsingh Street III guideline value

The current guideline value of Bagavathsingh Street III is Rs 1,000 per sq.ft, effective from 1 July 2024. This street is located in Telgupalayam village under the Coimbatore South Joint 1 SRO, classified as Residential Class II Type - I.

How the guideline value of Bagavathsingh Street III has changed

According to the guideline value register, there are no figures available for Bagavathsingh Street III for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision recorded a guideline value of Rs 1,000 per sq.ft, which remained unchanged in the 2024 revision.

Thus, the guideline value for Bagavathsingh Street III has seen no change from 2023 to 2024, maintaining a consistent rate of Rs 1,000 per sq.ft throughout this period.

Guideline values in Telgupalayam

In Telgupalayam, there are 223 streets under the Coimbatore South Joint 1 SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 4,000 per sq.ft, with a median value of Rs 1,002 per sq.ft. The guideline value of Bagavathsingh Street III is below this median.

Stamp duty and registration fee for property in Bagavathsingh Street III

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value would be Rs 10,00,000. The stamp duty at 7% would amount to Rs 70,000, and the registration fee at 2% would be Rs 20,000, leading to a total of Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Bagavathsingh Street III?

The Sub Registrar Office that covers Bagavathsingh Street III is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001, 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 Telgupalayam

The guideline value is a critical reference point when registering property transactions in Telgupalayam. It serves as the basis for calculating stamp duty and registration fees, ensuring that all property transactions are recorded at an officially recognized value.

When buying or selling property, the guideline value helps in establishing a fair price for the transaction, which is essential for legal and financial purposes. Buyers and sellers must be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Bagavathsingh Street III?

The current guideline value of Bagavathsingh Street III is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Bagavathsingh Street III has remained at Rs 1,000 per sq.ft in both the 2023 and 2024 revisions. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

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

For a property valued at Rs 10,00,000, the stamp duty would be Rs 70,000, and the registration fee would be Rs 20,000, totaling Rs 90,000. Duty is charged on the higher of the guideline value or the sale price.

Which office handles property registration for Bagavathsingh Street III?

The Coimbatore South Joint 1 Sub Registrar Office handles property registration for Bagavathsingh Street III. The office is located at No.410a, Raja Street, Coimbatore-641001.

What is the significance of the guideline value in property transactions?

The guideline value is essential for calculating stamp duty and registration fees during property transactions. It ensures that properties are registered at an officially recognized value, which is important for legal and financial clarity.