Guideline Value for Balijavar Lane Lane

Balijavar Lane Lane guideline value

The current guideline value of Balijavar Lane Lane is Rs 1,450 per sq.ft, effective from 1 July 2024. This street is located in Ward-7 village under the Coimbatore North Joint 1 SRO and falls under the Residential Class II Type - III land classification.

How the guideline value of Balijavar Lane Lane has changed

The guideline value for Balijavar Lane Lane has seen several revisions over the years. The earliest recorded figure is from 2007, where the guideline value was Rs 600 per sq.ft. This increased significantly to Rs 1,300 per sq.ft in 2012, but then decreased to Rs 871 per sq.ft in 2017. The value rose again to Rs 1,300 per sq.ft in 2023 before reaching the current rate of Rs 1,450 per sq.ft in 2024. The register has no figure for this street in 2002 and 2003.

From 2017 to 2023, the value increased by 49%. The jump from 2023 to 2024 reflects a 12% increase. Overall, from 2007 to 2024, the guideline value has risen by 142%, indicating significant changes in the valuation of this street over time.

Guideline values in Ward-7

In Ward-7, there are 128 streets that carry a 2024 guideline value ranging from Rs 1,450 to Rs 7,300 per sq.ft. The median value for this area is Rs 2,900 per sq.ft, making Balijavar Lane Lane's current figure below this median.

• Balijavar Lane Main: Rs 1,450 per sq.ft (2024)
• Avinashi Road Main: Rs 5,600 per sq.ft (2024)
• Avinashi Road Lane: Rs 5,600 per sq.ft (2024)
• Arunachalam Street Main: Rs 3,450 per sq.ft (2024)
• Arunachalam Road lane: Rs 2,900 per sq.ft (2024)
• Brindha Lay out: Rs 2,900 per sq.ft (2024)

Stamp duty and registration fee for property in Balijavar Lane Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 1,450 per sq.ft, the total guideline value would be Rs 14,50,000. The stamp duty at 7% would amount to Rs 1,01,500, and the registration fee at 2% would be Rs 29,000, bringing the total to Rs 1,30,500. Please 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 details.

Which Sub Registrar Office covers Balijavar Lane Lane?

The Sub Registrar Office that covers Balijavar Lane Lane is the Coimbatore North Joint 1 Sub Registrar Office, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward-7

The guideline value is an important factor when registering property transactions in Ward-7. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction process.

Frequently asked questions

What is the current guideline value of Balijavar Lane Lane?

The current guideline value of Balijavar Lane Lane is Rs 1,450 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2007 to Rs 1,450 per sq.ft in 2024, reflecting an overall increase of 142% over the years.

What is the median guideline value in Ward-7?

The median guideline value in Ward-7 is Rs 2,900 per sq.ft, with Balijavar Lane Lane's current value being below this median.

What are the stamp duty and registration fees for Balijavar Lane Lane?

For a 1,000 sq.ft plot, the total guideline value is Rs 14,50,000, resulting in a stamp duty of Rs 1,01,500 and a registration fee of Rs 29,000, totaling Rs 1,30,500.

Which Sub Registrar Office covers Balijavar Lane Lane?

The Coimbatore North Joint 1 Sub Registrar Office covers Balijavar Lane Lane, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001.