Guideline Value for BHARATH RATHINAM GARDEN

Bharath Rathinam Garden guideline value

The current guideline value of Bharath Rathinam Garden is Rs 1,065 per sq.ft, effective from 1 July 2024. This property is located in KALAPATTY_East village under the Gandhipuram SRO, classified as Residential Class I Type - I.

How the guideline value of Bharath Rathinam Garden has changed

The guideline value for Bharath Rathinam Garden has seen significant changes over the years. The 2017 revision recorded a value of Rs 536 per sq.ft, which increased to Rs 1,000 per sq.ft in the 2023 revision. This marks an increase of 87% from 2017 to 2023. The latest revision in 2024 shows a further increase to Rs 1,065 per sq.ft, reflecting a 7% rise from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 99%. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in KALAPATTY_East

In KALAPATTY_East, there are 358 streets under the Gandhipuram SRO that have a 2024 guideline value ranging from Rs 1,010 to Rs 3,920 per sq.ft. The median value for these streets is Rs 1,055 per sq.ft, and Bharath Rathinam Garden's 2024 figure is above this median.

• Bharath Rathinam Nagar (R.G.Pudur): Rs 1,040 per sq.ft (2024)
• Bharathi Street (R.G.Pudur): Rs 1,040 per sq.ft (2024)
• Bharathi Street (Kalappatti): Rs 1,045 per sq.ft (2024)
• B Ayyasamy Nagar: Rs 1,065 per sq.ft (2024)
• Balakrishna Naidu Colony: Rs 1,055 per sq.ft (2024)
• Balaji Nagar Phase 2 (Kalappatti): Rs 1,065 per sq.ft (2024)

Stamp duty and registration fee for property in Bharath Rathinam Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,065 per sq.ft, the total guideline value amounts to Rs 10,65,000. The stamp duty at 7% would be Rs 74,550, and the registration fee at 2% would be Rs 21,300, bringing the total fees together to Rs 95,850. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more detailed calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Bharath Rathinam Garden?

The Sub Registrar Office that covers Bharath Rathinam Garden is the Gandhipuram Sub Registrar Office, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor used during the registration of property transactions in KALAPATTY_East. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the necessary fees. This ensures that the government receives appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Bharath Rathinam Garden?

The current guideline value of Bharath Rathinam Garden is Rs 1,065 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 536 per sq.ft in 2017 to Rs 1,065 per sq.ft in 2024, marking an overall increase of 99% over this period.

What is the median guideline value in KALAPATTY_East?

The median guideline value for the 358 streets in KALAPATTY_East is Rs 1,055 per sq.ft, with Bharath Rathinam Garden's value being above this median.

What are the stamp duty and registration fees for a property in Bharath Rathinam Garden?

For a 1,000 sq.ft plot, the total guideline value is Rs 10,65,000. The stamp duty at 7% would be Rs 74,550, and the registration fee at 2% would be Rs 21,300, totaling Rs 95,850.

Which office handles property registrations for Bharath Rathinam Garden?

The Gandhipuram Sub Registrar Office handles property registrations for Bharath Rathinam Garden, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.