Guideline Value for Baladhandayudham Nagar

Baladhandayudham Nagar guideline value

The current guideline value of Baladhandayudham Nagar is Rs 224 per sq.ft, effective from 1 July 2024. This area is located in Kannampalayam village under the Sulur SRO and is classified as Residential Class III Type - V.

How the guideline value of Baladhandayudham Nagar has changed

The guideline value for Baladhandayudham Nagar has undergone several revisions over the years. In 2007, the guideline value was Rs 60 per sq.ft, which increased significantly to Rs 175 per sq.ft in 2012. However, this figure saw a decline to Rs 117 per sq.ft in 2017. The next revision in 2023 set the value at Rs 200 per sq.ft, and the most recent revision in 2024 raised it to Rs 224 per sq.ft, marking a 12% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 273%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Kannampalayam

In Kannampalayam village, there are 114 streets under the Sulur SRO that carry a 2024 guideline value ranging from Rs 224 to Rs 1,800 per sq.ft, with a median value of Rs 336 per sq.ft. Baladhandayudham Nagar's 2024 figure is below this median.

• Bakkiamalli Thottam Road: Rs 224 per sq.ft (2024)
• Balajinagar: Rs 448 per sq.ft (2024)
• Avadisetty thottam south side: Rs 224 per sq.ft (2024)
• A.Subaramaniayam Nagar: Rs 224 per sq.ft (2024)
• Arupudha Mudhaiyar Street: Rs 448 per sq.ft (2024)
• Arunachal Boyar Street: Rs 448 per sq.ft (2024)

Stamp duty and registration fee for property in Baladhandayudham Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 224 per sq.ft, the total guideline value would be Rs 2,24,000. The stamp duty at 7% would amount to Rs 15,680, and the registration fee at 2% would be Rs 4,480, bringing the total fees to Rs 20,160. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Baladhandayudham Nagar?

The Sub Registrar Office that covers Baladhandayudham Nagar is the Sulur Sub Registrar Office, located at Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor in the registration process when buying or selling property in Kannampalayam. It serves as the basis for calculating stamp duty and registration fees, ensuring that all transactions are conducted at a fair and standardized rate.

Frequently asked questions

What is the current guideline value of Baladhandayudham Nagar?

The current guideline value of Baladhandayudham Nagar is Rs 224 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 60 per sq.ft in 2007 to Rs 224 per sq.ft in 2024, reflecting an overall increase of 273% since then.

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

For a property valued at Rs 2,24,000, the stamp duty would be Rs 15,680 and the registration fee would be Rs 4,480, totaling Rs 20,160.

Which Sub Registrar Office covers Baladhandayudham Nagar?

The Sulur Sub Registrar Office covers Baladhandayudham Nagar, located at Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402, Coimbatore registration zone.

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

The guideline value is used to determine the stamp duty and registration fees during property transactions. It ensures that all properties are registered at a standardized value, which is critical for legal and financial purposes.