Guideline Value for Baladhandautham Nagar

Baladhandautham Nagar guideline value

The current guideline value of Baladhandautham Nagar is Rs 2,016 per sq.ft, effective from 1 July 2024. This area is located in Uppilipalayam village, under the Singanallur SRO, with land classified as Residential Special Type - II.

How the guideline value of Baladhandautham Nagar has changed

Starting from the 2007 revision, the guideline value was Rs 400 per sq.ft. It saw a significant increase to Rs 1,800 per sq.ft in 2012, marking a rise of 350%. However, from 2012 to 2017, the value decreased to Rs 1,206 per sq.ft, a drop of 33%. The value then increased again to Rs 1,800 per sq.ft in 2023, reflecting a 49% increase. The most recent revision in 2024 set the value at Rs 2,016 per sq.ft, which is a 12% increase from the previous year.

The guideline value register does not have figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 404%.

Guideline values in Uppilipalayam

In Uppilipalayam village, there are 361 streets under the Singanallur SRO, with guideline values ranging from Rs 1,001 to Rs 6,160 per sq.ft. The median value for these streets is Rs 1,232 per sq.ft, placing Baladhandautham Nagar's 2024 figure above that median.

• Baladhandauthapuram: Rs 2,016 per sq.ft (2024)
• Balaji colony (nagar): Rs 1,680 per sq.ft (2024)
• Bajanai Kovil Street: Rs 1,002 per sq.ft (2024)
• Badrakaliyamman koil street: Rs 1,002 per sq.ft (2024)
• Balaji nagar extension: Rs 1,680 per sq.ft (2024)
• Balan Nagar: Rs 1,232 per sq.ft (2024)

Stamp duty and registration fee for property in Baladhandautham Nagar

For a 1,000 sq.ft plot at the current rate of Rs 2,016 per sq.ft, the guideline value would be Rs 20,16,000. The stamp duty at 7% would amount to Rs 1,41,120, and the registration fee at 2% would be Rs 40,320. Together, the total cost would be Rs 1,81,440. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Baladhandautham Nagar?

The Sub Registrar Office covering Baladhandautham Nagar is 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 Uppilipalayam

The guideline value is a crucial factor during property registration in Uppilipalayam. It serves as a benchmark for determining the minimum value at which a property can be registered. Buyers and sellers must consider this value, as it impacts the stamp duty and registration fees payable at the time of the transaction.

When a property is sold, the guideline value is used to calculate the applicable fees and taxes. It ensures that the transaction is recorded at a value that reflects the current market standards set by the registration authorities.

Frequently asked questions

What is the current guideline value of Baladhandautham Nagar?

The current guideline value of Baladhandautham Nagar is Rs 2,016 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, starting from Rs 400 per sq.ft in 2007 to Rs 2,016 per sq.ft in 2024, marking an overall increase of 404% over these years.

What are the stamp duty and registration fees for properties in Baladhandautham Nagar?

For a property valued at Rs 20,16,000, the stamp duty would be Rs 1,41,120 and the registration fee would be Rs 40,320, totaling Rs 1,81,440.

Which Sub Registrar Office covers Baladhandautham Nagar?

The Singanallur Sub Registrar Office covers Baladhandautham Nagar, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.

Where can I find more information about guideline values in Uppilipalayam?

More information about guideline values in Uppilipalayam can be found in the registration department's guideline value register or by exploring the specific streets listed under the Singanallur SRO.