Guideline Value for BHARATHI DHASAN St

BHARATHI DHASAN St guideline value

The current guideline value of BHARATHI DHASAN St is Rs 102 per sq.ft, effective from 1 July 2024. This street is located in Ikkarai Poolvampatti village under the Thondamuthur SRO, classified as Residential Class I Type - I.

How the guideline value of BHARATHI DHASAN St has changed

The guideline value for BHARATHI DHASAN St has undergone several revisions over the years. The earliest available figure is from 2007, when it was Rs 35 per sq.ft. This increased significantly to Rs 100 per sq.ft in 2012, then decreased to Rs 67 per sq.ft in 2017. Following this, the value rose to Rs 100 per sq.ft in 2023, and finally to Rs 102 per sq.ft in 2024, marking a 2% increase from the previous year.

From 2017 to 2023, there was a notable increase of 49%. The increase from 2007 to 2012 was substantial at 186%, while the decrease from 2012 to 2017 was 33%. Overall, from 2007 to 2024, the guideline value has increased by 191%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Ikkarai Poolvampatti

Ikkarai Poolvampatti has 37 streets under the Thondamuthur SRO with a guideline value of Rs 102 per sq.ft for 2024, with this street's value aligning with the median of Rs 102 per sq.ft. Other streets in Ikkarai Poolvampatti include:

• BHARATHIYAR St: Rs 102 per sq.ft (2024)
• BAGTHSING St: Rs 102 per sq.ft (2024)
• ANNAI INDHIRA St: Rs 102 per sq.ft (2024)
• ANDIYAPPAN St: Rs 102 per sq.ft (2024)
• CHINNAMALAI St: Rs 102 per sq.ft (2024)
• AMBETHKAR St: Rs 102 per sq.ft (2024)

Stamp duty and registration fee for property in BHARATHI DHASAN St

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 1,02,000. The stamp duty at 7% would be Rs 7,140, and the registration fee at 2% would be Rs 2,040, totaling Rs 9,180. 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 BHARATHI DHASAN St?

The Sub Registrar Office that covers BHARATHI DHASAN St is the Thondamuthur Sub Registrar Office, located at 5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Perur Taluk, Coimbatore - 641 108. You can find your SRO for more information.

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

The guideline value is an essential factor in the registration process for property transactions in Ikkarai Poolvampatti. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value serves as a benchmark for calculating the applicable duties. Buyers should be aware that the stamp duty is charged on the higher of the guideline value and the sale price.

Frequently asked questions

What is the current guideline value of BHARATHI DHASAN St?

The current guideline value of BHARATHI DHASAN St is Rs 102 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 35 per sq.ft in 2007 to Rs 102 per sq.ft in 2024, with various increases and decreases in between.

What is the median guideline value for streets in Ikkarai Poolvampatti?

The median guideline value for streets in Ikkarai Poolvampatti is Rs 102 per sq.ft, which is also the value for BHARATHI DHASAN St.

What are the stamp duty rates for properties in this area?

The stamp duty rate for properties in BHARATHI DHASAN St is 7%, while the registration fee is 2% of the guideline value or sale price, whichever is higher.

Where can I find the Thondamuthur Sub Registrar Office?

The Thondamuthur Sub Registrar Office is located at 5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Perur Taluk, Coimbatore - 641 108.