Guideline Value

Corporate

Guideline Value for BHARATHI NAGAR 1ST WEST STREET

₹840/sq.ft.

The guideline value for Bharathi Nagar 1st West Street in Ward - J village (Tiruppur Joint I SRO, Coimbatore zone) is Rs 840 per sq.ft, effective 1 July 2024. It was Rs 750 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - J

Village

Tiruppur Joint I

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹840 /sq.ft.
From 1-4-2023 ₹750 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹502 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹750 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹605 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960088
[email protected]

DRO (District Registrar Office)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960044
[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Bharathi Nagar 1st West Street

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Bharathi Nagar 1st West Street guideline value

The current guideline value of Bharathi Nagar 1st West Street is Rs 840 per sq.ft, effective from 1 July 2024. This street is located in Ward - J village under the Tiruppur Joint I SRO, and it is classified as Residential Class IV Type - I.

How the guideline value of Bharathi Nagar 1st West Street has changed

Starting from the oldest revision, the guideline value for Bharathi Nagar 1st West Street was Rs 605 per sq.ft in 2007. This increased to Rs 750 per sq.ft in 2012, followed by a decrease to Rs 502 per sq.ft in 2017. The value then rose significantly to Rs 750 per sq.ft in 2023, and currently stands at Rs 840 per sq.ft as of the 2024 revision. Notably, there are no figures available for the years 2002 and 2003 in the register for this street.

Between the revisions, the changes are as follows: from 2017 to 2023, the value increased by 49%; from 2012 to 2017, it decreased by 33%; and from 2007 to 2012, it increased by 24%. Overall, from 2007 to 2024, the guideline value has increased by 39%.

Guideline values in Ward - J

In Ward - J, there are 209 streets under the Tiruppur Joint I SRO carrying a 2024 guideline value ranging from Rs 840 to Rs 4,480 per sq.ft, with a median value of Rs 1,120 per sq.ft. Bharathi Nagar 1st West Street's 2024 figure is below this median.

Stamp duty and registration fee for property in Bharathi Nagar 1st West Street

For a 1,000 sq.ft plot at the current guideline value of Rs 840 per sq.ft, the total guideline value is Rs 8,40,000. The stamp duty at 7% would be Rs 58,800, and the registration fee at 2% would be Rs 16,800, making the total fees Rs 75,600. 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 Bharathi Nagar 1st West Street?

The Sub Registrar Office that covers Bharathi Nagar 1st West Street is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Ward - J. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of a property.

When buyers and sellers engage in a transaction, the guideline value is used to calculate the applicable duties. This ensures that the registration process is standardized and transparent, providing a clear framework for property transactions in the area.

Frequently asked questions

What is the current guideline value of Bharathi Nagar 1st West Street?

The current guideline value of Bharathi Nagar 1st West Street is Rs 840 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 605 per sq.ft in 2007 to Rs 840 per sq.ft in 2024, with various increases and decreases in between, including a notable increase of 49% from 2017 to 2023.

What is the land classification for Bharathi Nagar 1st West Street?

Bharathi Nagar 1st West Street is classified as Residential Class IV Type - I.

Where can I find the registration office for Bharathi Nagar 1st West Street?

The registration office is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

How is the stamp duty calculated for property transactions?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 8,40,000, the stamp duty would be Rs 58,800 at 7%.