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Guideline Value

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Guideline Value for Bandara kadu (587/1)

₹200/sq.ft.

The guideline value for Bandara Kadu (587/1) in Salangapalayam village (Kavundapadi SRO, Coimbatore zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iii Type - V. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Salangapalayam

Village

Kavundapadi

SRO

Residential Class III Type - V
History
Period Guideline Value
From 1-7-2024 ₹200 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹67 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹100 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹15 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹7 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹6 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Marutham Nagar Bye-pass Road, Kavundapadi.638455.
04256-242642/progress
[email protected]

DRO (District Registrar Office)

Integrated Reistration Complex, 81 Old Hospital Rd, Near Market, Gobichettipalayam - 638452
04285-222014
[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Bandara Kadu (587/1)

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Bandara kadu (587/1) guideline value

The current guideline value of Bandara kadu (587/1) is Rs 200 per sq.ft, effective from 1 July 2024. This property is located in Salangapalayam village and falls under the Kavundapadi SRO. The land classification is Residential Class III Type - V.

How the guideline value of Bandara kadu (587/1) has changed

The guideline value for Bandara kadu (587/1) has undergone several revisions since 2002. In 2002, the value was Rs 6 per sq.ft, which increased to Rs 7 per sq.ft in 2003. The next significant jump occurred in 2007 when it rose to Rs 15 per sq.ft, followed by a substantial increase to Rs 100 per sq.ft in 2012. The value then decreased to Rs 67 per sq.ft in 2017. The guideline value remained at Rs 200 per sq.ft in both the 2023 and 2024 revisions, reflecting a 0% change from 2023 to 2024, and a 199% increase from 2017 to 2023.

To summarize the changes, the value started at Rs 6 in 2002 and saw a gradual increase over the years, culminating in the current rate of Rs 200 per sq.ft as of July 2024. The revisions with no figure for this street in the register are not applicable.

Guideline values in Salangapalayam

In Salangapalayam, there are 108 streets under the Kavundapadi SRO that carry a guideline value for 2024, ranging from Rs 200 to Rs 450 per sq.ft. The median value for these streets is Rs 226 per sq.ft, placing Bandara kadu (587/1) below that median.

Stamp duty and registration fee for property in Bandara kadu (587/1)

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value would be Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total to Rs 18,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Bandara kadu (587/1)?

The Sub Registrar Office that covers Bandara kadu (587/1) is the Kavundapadi Sub Registrar Office, located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role when buying or selling property in Salangapalayam. It serves as a benchmark for determining the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with registration norms.

When a property is sold, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the transaction is recorded accurately and legally within the framework set by the Registration Department.

Frequently asked questions

What is the current guideline value of Bandara kadu (587/1)?

The current guideline value of Bandara kadu (587/1) is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 6 in 2002 to Rs 200 in 2024, with significant increases in several years, including a 199% rise from 2017 to 2023.

What are the other streets in Salangapalayam with their guideline values?

Other streets in Salangapalayam include Bannari Ammal Kovil Street at Rs 226 per sq.ft, Ayyan Valasu Colony at Rs 200 per sq.ft, and Bhavani Main Road at Rs 426 per sq.ft, among others.

What fees are associated with buying property in Bandara kadu (587/1)?

When buying property in Bandara kadu (587/1), the stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would amount to Rs 18,000.

Where is the Sub Registrar Office for Bandara kadu (587/1)?

The Sub Registrar Office for Bandara kadu (587/1) is located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone.