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Guideline Value

Corporate

Guideline Value for Balaji Nagar (THONDAMUTHUR ROAD)

₹1001/sq.ft.

The guideline value for Balaji Nagar (thondamuthur Road) 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 (thondamuthur Road)

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Balaji Nagar (THONDAMUTHUR ROAD) guideline value

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

How the guideline value of Balaji Nagar (THONDAMUTHUR ROAD) has changed

The guideline value for Balaji Nagar (THONDAMUTHUR ROAD) has seen several revisions over the years. The 2012 revision set the value at Rs 700 per sq.ft, which then decreased to Rs 469 per sq.ft in 2017. Following this, the value increased to Rs 1,000 per sq.ft in 2023, and finally, the current guideline value is Rs 1,001 per sq.ft from the 2024 revision. There are no figures available for the revisions in 2002, 2003, and 2007 for this street.

From the 2012 revision to the 2017 revision, there was a significant decrease of 33%. However, the value surged by 113% from 2017 to 2023. Overall, from 2012 to 2024, the guideline value has increased by 43%.

Guideline values in Vadavalli

In Vadavalli, there are 461 streets under the Vadavalli SRO that carry 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. Balaji Nagar (THONDAMUTHUR ROAD) has a 2024 guideline value that is below this median.

Stamp duty and registration fee for property in Balaji Nagar (THONDAMUTHUR ROAD)

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 charges to Rs 90,090. It is important to note that the 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 Balaji Nagar (THONDAMUTHUR ROAD)?

The Sub Registrar Office that covers Balaji Nagar (THONDAMUTHUR ROAD) is the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046. You can find your SRO for further assistance.

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

The guideline value plays a crucial role in the registration process of property transactions in Vadavalli. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees applicable to the transaction.

It is essential to be aware that the guideline value is set by the registration department and is updated periodically. This value is used to ensure that the appropriate taxes are collected during the registration of property, thereby maintaining transparency in property transactions.

Frequently asked questions

What is the current guideline value of Balaji Nagar (THONDAMUTHUR ROAD)?

The current guideline value of Balaji Nagar (THONDAMUTHUR ROAD) 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 significantly, from Rs 700 per sq.ft in 2012 to Rs 1,001 per sq.ft in 2024, with notable increases and a decrease in between. The value saw a decrease of 33% from 2012 to 2017, followed by a 113% increase from 2017 to 2023.

What is the median guideline value in Vadavalli?

The median guideline value in Vadavalli for 2024 is Rs 1,100 per sq.ft. Balaji Nagar (THONDAMUTHUR ROAD) is below this median with a value of Rs 1,001 per sq.ft.

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

For a property valued at Rs 10,01,000, the stamp duty would be Rs 70,070 and the registration fee would be Rs 20,020, totaling Rs 90,090. These fees are based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Balaji Nagar located?

The Sub Registrar Office for Balaji Nagar (THONDAMUTHUR ROAD) is located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046. This office handles all property registrations for the area.