Guideline Value

Corporate

Guideline Value for BHARATHI NAGAR NORTH

₹840/sq.ft.

The guideline value for Bharathi Nagar North in Ward - E 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 - E

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 North

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Bharathi Nagar North guideline value

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

How the guideline value of Bharathi Nagar North has changed

The guideline value for Bharathi Nagar North has undergone several revisions over the years. The earliest recorded figure is from 2007, set at Rs 605 per sq.ft. This was followed by a rise to Rs 750 per sq.ft in 2012, then a decrease to Rs 502 per sq.ft in 2017. In 2023, the value increased significantly to Rs 750 per sq.ft, and in the latest revision for 2024, it stands at Rs 840 per sq.ft. The register has no figure for the years 2002 and 2003 for this street.

From 2017 to 2023, the guideline value saw a substantial increase of 49%. The value then rose by 12% from 2023 to 2024. Overall, from 2007 to 2024, there has been an increase of 39% in the guideline value.

Guideline values in Ward - E

In Ward - E, there are 171 streets under the Tiruppur Joint I SRO that have a 2024 guideline value ranging from Rs 840 to Rs 4,480 per sq.ft. The median value is Rs 840 per sq.ft, which is equal to the current guideline value for Bharathi Nagar North.

Stamp duty and registration fee for property in Bharathi Nagar North

For a 1,000 sq.ft plot at the current guideline value of Rs 840 per sq.ft, the total guideline value amounts to 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 the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Bharathi Nagar North?

The Bharathi Nagar North area falls under the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, in the Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor during the registration of property transactions in Ward - E. It is used to determine the stamp duty and registration fees that must be paid when a property is bought or sold.

When registering a property, the buyer must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Bharathi Nagar North?

The current guideline value of Bharathi Nagar North 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 revisions in between, including a significant increase of 49% from 2017 to 2023.

What is the land classification for Bharathi Nagar North?

Bharathi Nagar North is classified as Residential Class IV Type - I, which indicates its suitability for residential development.

Where can I find the registration office for Bharathi Nagar North?

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

How is the stamp duty calculated for properties in Bharathi Nagar North?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the total guideline value is Rs 8,40,000, leading to a stamp duty of Rs 58,800.