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Guideline Value

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Guideline Value for Balaji Nagar (MARUDHAMALI ADIVARAM)

₹1001/sq.ft.

The guideline value for Balaji Nagar (marudhamali Adivaram) in Vadavalli village (Vadavalli SRO, Coimbatore zone) is Rs 1001 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 0% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Vadavalli

Village

Vadavalli

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹1001 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹700 /sq.ft.
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)

Subregistrar Office, Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046
0422-2425260
[email protected]

DRO (District Registrar Office)

District Registara Office, Syriyan Church Road, Corporation Marriage Hall, Coimbatore -641001
0422-2300722
[email protected],[email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Balaji Nagar (marudhamali Adivaram)

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Balaji Nagar (MARUDHAMALI ADIVARAM) guideline value

The current guideline value of Balaji Nagar (MARUDHAMALI ADIVARAM) is Rs 1,001 per sq.ft, effective from 1 July 2024. This area is located in Vadavalli village and falls under the Vadavalli SRO. The land classification for this street is Residential Class I Type - III.

How the guideline value of Balaji Nagar (MARUDHAMALI ADIVARAM) has changed

Over the years, the guideline value of Balaji Nagar (MARUDHAMALI ADIVARAM) has experienced several revisions. The 2012 revision set the value at Rs 700 per sq.ft, which then increased to Rs 469 per sq.ft in the 2017 revision. Following this, the value rose significantly to Rs 1,000 per sq.ft in the 2023 revision. The current 2024 revision shows a slight increase to Rs 1,001 per sq.ft, reflecting a 0% change from the previous year.

From 2017 to 2023, the guideline value increased by 113%. However, there was a decrease of 33% from the 2012 to the 2017 revision. Overall, when comparing the 2012 revision to the current 2024 figure, there is a 43% increase. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Vadavalli

In Vadavalli, there are 461 streets under the Vadavalli SRO carrying a 2024 guideline value ranging from Rs 1,000 to Rs 2,200 per sq.ft, with a median value of Rs 1,100 per sq.ft. The guideline value of Balaji Nagar (MARUDHAMALI ADIVARAM) is below this median.

Stamp duty and registration fee for property in Balaji Nagar (MARUDHAMALI ADIVARAM)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,001 per sq.ft, the total guideline value amounts to Rs 10,01,000. The stamp duty at 7% would be Rs 70,070, and the registration fee at 2% would be Rs 20,020, bringing the total fees to Rs 90,090. It is important to note that the 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 detailed calculations.

Which Sub Registrar Office covers Balaji Nagar (MARUDHAMALI ADIVARAM)?

The Sub Registrar Office covering Balaji Nagar (MARUDHAMALI ADIVARAM) is the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046, 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 Vadavalli

The guideline value plays a crucial role in property transactions in Vadavalli. It serves as a benchmark for determining the minimum price at which a property can be registered. When buying or selling a property, the guideline value is used to calculate the applicable stamp duty and registration fees.

During the registration process, buyers and sellers must ensure that the sale price is equal to or greater than the guideline value to avoid any discrepancies. This ensures that the transaction is compliant with local regulations and helps in maintaining transparency in property dealings.

Frequently asked questions

What is the current guideline value of Balaji Nagar (MARUDHAMALI ADIVARAM)?

The current guideline value of Balaji Nagar (MARUDHAMALI ADIVARAM) is Rs 1,001 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 700 per sq.ft in 2012 to Rs 1,001 per sq.ft in 2024, reflecting an overall increase of 43% over this period.

What is the land classification of Balaji Nagar (MARUDHAMALI ADIVARAM)?

Balaji Nagar (MARUDHAMALI ADIVARAM) is classified as Residential Class I Type - III.

Where can I find the Vadavalli Sub Registrar Office?

The Vadavalli Sub Registrar Office is located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.

How is stamp duty calculated for properties in Balaji Nagar (MARUDHAMALI ADIVARAM)?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 10,01,000, the stamp duty would be Rs 70,070 at 7%.