Guideline Value for Belle Gounder Street

Belle Gounder Street guideline value

The current guideline value of Belle Gounder Street is Rs 1,003 per sq.ft, effective from 1 July 2024. This street is located in Kuniyamuthur village, under the Coimbatore South Joint 1 SRO, and is classified as Residential Class II Type - II.

How the guideline value of Belle Gounder Street has changed

The guideline value register for Belle Gounder Street has no figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 1,000 per sq.ft, which was then revised to Rs 1,003 per sq.ft in 2024, reflecting a change of 0% from the previous year.

In summary, the only available figures are from the 2023 and 2024 revisions. The 2024 figure of Rs 1,003 per sq.ft is equal to the median guideline value for 410 streets in Kuniyamuthur under the Coimbatore South Joint 1 SRO.

Guideline values in Kuniyamuthur

In Kuniyamuthur, the guideline values for 2024 range from Rs 1,000 to Rs 1,550 per sq.ft, with the median value being Rs 1,003 per sq.ft. Belle Gounder Street's 2024 guideline value aligns with this median.

• Benthagostha Church Street: Rs 1,003 per sq.ft (2024)
• BBC Nagar: Rs 1,002 per sq.ft (2024)
• Bay Bay nagar: Rs 1,002 per sq.ft (2024)
• Bharathidasan Street: Rs 1,003 per sq.ft (2024)
• BandariBoyan Street: Rs 1,004 per sq.ft (2024)
• Balu Garden Phase II: Rs 1,001 per sq.ft (2024)

Stamp duty and registration fee for property in Belle Gounder Street

For a 1,000 sq.ft plot at the current rate of Rs 1,003 per sq.ft, the guideline value would be Rs 10,03,000. The stamp duty at 7% would amount to Rs 70,210, and the registration fee at 2% would be Rs 20,060, totaling Rs 90,270. It is important to note that 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 Belle Gounder Street?

Belle Gounder Street falls under 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 Kuniyamuthur

The guideline value is a crucial factor during property registration in Kuniyamuthur. It determines the minimum value at which a property can be registered, impacting the stamp duty and registration fees that need to be paid.

When buying or selling property, the guideline value serves as a reference point for both buyers and sellers. It ensures that the transaction is recorded at a fair value, facilitating transparency in the real estate market.

Frequently asked questions

What is the current guideline value of Belle Gounder Street?

The current guideline value of Belle Gounder Street is Rs 1,003 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Belle Gounder Street has seen changes only in the years 2023 and 2024, moving from Rs 1,000 per sq.ft in 2023 to Rs 1,003 per sq.ft in 2024. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification of Belle Gounder Street?

Belle Gounder Street is classified as Residential Class II Type - II, indicating its intended use for residential purposes.

What are the stamp duty and registration fees for properties on this street?

For a property valued at Rs 10,03,000, the stamp duty would be Rs 70,210, and the registration fee would be Rs 20,060, totaling Rs 90,270. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles registrations for Belle Gounder Street?

The registrations for Belle Gounder Street are handled by the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001.