Guideline Value

Corporate

Guideline Value for BHARATHI NAGAR 1ST WEST STREET

₹707/sq.ft.

The guideline value for Bharathi Nagar 1st West Street in Ward - A village (Tiruppur Joint Ii SRO, Coimbatore zone) is Rs 707 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 1% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - A

Village

Tiruppur Joint II

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹707 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹342 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹510 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹315 /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.
0421-2960035
[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 707 per sq.ft, effective from 1 July 2024. This street is located in Ward - A village and falls under the Tiruppur Joint II SRO. The land classification for this area is Residential Class I Type - I.

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

The guideline value for Bharathi Nagar 1st West Street has undergone several revisions over the years. In 2007, the guideline value was Rs 315 per sq.ft, which increased to Rs 510 per sq.ft in 2012. However, there was a decrease to Rs 342 per sq.ft in 2017. Following this, the value significantly rose to Rs 700 per sq.ft in 2023, and the latest revision in 2024 set the value at Rs 707 per sq.ft. Notably, there are no figures available for the years 2002 and 2003 in the register for this street.

Examining the changes, the guideline value saw a 62% increase from 2007 to 2012, followed by a decrease of 33% from 2012 to 2017. The value then surged by 105% from 2017 to 2023, and there was a slight increase of 1% from 2023 to 2024. Overall, from 2007 to 2024, the guideline value has increased by 124%.

Guideline values in Ward - A

In Ward - A, there are 229 streets under the Tiruppur Joint II SRO with a guideline value for 2024 ranging from Rs 701 to Rs 880 per sq.ft. The median value stands at Rs 709 per sq.ft, making the guideline value of Bharathi Nagar 1st West Street 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 707 per sq.ft, the total guideline value amounts to Rs 7,07,000. The stamp duty at 7% would be Rs 49,490, and the registration fee at 2% would be Rs 14,140, bringing the total cost for these fees to Rs 63,630. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Bharathi Nagar 1st West Street?

The Bharathi Nagar 1st West Street is covered by the Tiruppur Joint II 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 - A

The guideline value plays a crucial role during property registration, as it determines the amount of stamp duty and registration fees payable. When buying or selling property in Ward - A, the guideline value is used to calculate these fees, ensuring that they are based on the official valuation set by the registration department.

It is essential for buyers and sellers to be aware of the guideline value, as it affects the overall cost involved in property transactions. Understanding the guideline value can help in making informed decisions during the registration process.

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 707 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 315 per sq.ft in 2007 to Rs 707 per sq.ft in 2024, representing an overall increase of 124% over the years.

What are the other streets in Ward - A and their guideline values?

Other streets in Ward - A include Bharathi Nagar at Rs 707 per sq.ft, Bharathidasan Nagar at Rs 701 per sq.ft, Bharathipuram at Rs 705 per sq.ft, Bharathi 3rd street at Rs 701 per sq.ft, Bharathi 2nd street at Rs 701 per sq.ft, and Bharathi 1st street at Rs 701 per sq.ft.

What is the stamp duty for a property in Bharathi Nagar 1st West Street?

The stamp duty for a property valued at Rs 7,07,000 in Bharathi Nagar 1st West Street would be Rs 49,490, calculated at 7% of the guideline value.

Which office handles the registration for Bharathi Nagar 1st West Street?

The registration for Bharathi Nagar 1st West Street is handled by the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.