Guideline Value for Balaji Garden

Balaji Garden guideline value

The current guideline value of Balaji Garden in Telgupalayam village is Rs 1,000 per sq.ft, effective from 1 July 2024. This falls under the Coimbatore South Joint 1 SRO, with a land classification of Residential Class II Type - I.

How the guideline value of Balaji Garden has changed

The guideline value for Balaji Garden has been consistent in recent revisions. The 2023 revision also listed the guideline value at Rs 1,000 per sq.ft. Prior to that, there are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

From 2023 to 2024, there was no change in the guideline value, remaining at Rs 1,000 per sq.ft. This indicates stability in the valuation for this particular street within the Coimbatore South Joint 1 SRO.

Guideline values in Telgupalayam

In Telgupalayam, there are 223 streets under the Coimbatore South Joint 1 SRO with a 2024 guideline value ranging from Rs 1,000 to Rs 4,000 per sq.ft. The median guideline value for these streets is Rs 1,002 per sq.ft, making Balaji Garden's 2024 figure below this median.

• Bagavathsingh Street III: Rs 1,000 per sq.ft (2024)
• Bagavathsingh Street II: Rs 1,000 per sq.ft (2024)
• Bagavathsingh Street I: Rs 1,000 per sq.ft (2024)
• Bagavathsingh Street: Rs 1,000 per sq.ft (2024)
• Baba Street: Rs 2,000 per sq.ft (2024)
• Ayikkonar Street: Rs 1,002 per sq.ft (2024)

Stamp duty and registration fee for property in Balaji Garden

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 be Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total to 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 Balaji Garden?

Balaji Garden falls under the jurisdiction of the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. 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 crucial factor when registering property transactions in Telgupalayam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid at the time of registration.

When buying or selling property, the guideline value helps ensure that the transaction is recorded accurately and legally, reflecting the value of the property as determined by the local authorities.

Frequently asked questions

What is the current guideline value of Balaji Garden?

The current guideline value of Balaji Garden 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 Balaji Garden has remained at Rs 1,000 per sq.ft in both the 2023 and 2024 revisions. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What are the guideline values of other streets in Telgupalayam?

In Telgupalayam, other streets have varying guideline values. For example, Baba Street is valued at Rs 2,000 per sq.ft, while several streets, including Bagavathsingh Street I, II, and III, are valued at Rs 1,000 per sq.ft.

What is the stamp duty for property in Balaji Garden?

The stamp duty for a property in Balaji Garden is 7% of the guideline value or sale price, whichever is higher. For a plot valued at Rs 10,00,000, the stamp duty would be Rs 70,000.

Which office handles registrations for Balaji Garden?

The Coimbatore South Joint 1 Sub Registrar Office handles registrations for Balaji Garden. It is located at No.410a, Raja Street, Coimbatore-641001.