Guideline Value for Baladhanautham Nagar

Baladhanautham Nagar guideline value

The current guideline value of Baladhanautham Nagar is Rs 550 per sq.ft, effective from 1 July 2024. This area is located in Irugur village, under the jurisdiction of the Singanallur SRO, and is classified as Residential Class II Type - I.

How the guideline value of Baladhanautham Nagar has changed

The guideline value for Baladhanautham Nagar has seen significant changes over the years. In the 2017 revision, the value was Rs 335 per sq.ft, which increased to Rs 500 per sq.ft in 2023, marking a 49% rise. The most recent revision in 2024 set the value at Rs 550 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 64%. It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street.

Guideline values in Irugur

In Irugur village, there are 307 streets under the Singanallur SRO that have a 2024 guideline value ranging from Rs 220 to Rs 2,200 per sq.ft. The median value for these streets is Rs 440 per sq.ft, placing Baladhanautham Nagar's 2024 figure above this median.

• Bajanai koil street: Rs 440 per sq.ft (2024)
• Ayyanar Kovil Street: Rs 275 per sq.ft (2024)
• Ayya koil thottam: Rs 275 per sq.ft (2024)
• Bank Chinniya Gounder Street: Rs 440 per sq.ft (2024)
• Avinashi road: Rs 2,200 per sq.ft (2024)
• Bhahavathidevar santhu: Rs 440 per sq.ft (2024)

Stamp duty and registration fee for property in Baladhanautham Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value would be Rs 5,50,000. The stamp duty at 7% would amount to Rs 38,500, while the registration fee at 2% would be Rs 11,000, bringing the total to Rs 49,500. It is essential to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Baladhanautham Nagar?

The Sub Registrar Office that covers Baladhanautham Nagar is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111. You can find your SRO for more information.

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

The guideline value plays a crucial role during property transactions in Irugur. It is used to determine the stamp duty and registration fees that buyers must pay when registering a property. The fees are calculated based on the guideline value or the sale price, whichever is higher.

When selling property, the guideline value ensures that the transaction is recorded at a fair value, helping to maintain transparency in property dealings. Buyers and sellers should be aware of the current guideline value to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Baladhanautham Nagar?

The current guideline value of Baladhanautham Nagar is Rs 550 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

From the 2017 revision to the 2024 revision, the guideline value has increased by 64%, going from Rs 335 per sq.ft to Rs 550 per sq.ft.

What is the land classification for Baladhanautham Nagar?

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

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

The Sub Registrar Office for Baladhanautham Nagar is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.

How is the stamp duty calculated for properties in Baladhanautham Nagar?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property with a guideline value of Rs 5,50,000, the stamp duty at 7% would be Rs 38,500.