Guideline Value

Corporate

Guideline Value for BHARATHI NAGAR NORTH

₹840/sq.ft.

The guideline value for Bharathi Nagar North 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 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 - J 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

Over the years, the guideline value for Bharathi Nagar North has seen several revisions. The earliest recorded figure is from 2007, where the guideline value was Rs 605 per sq.ft. This increased to Rs 750 per sq.ft in 2012, then decreased to Rs 502 per sq.ft in 2017. Following that, the value rose significantly to Rs 750 per sq.ft in 2023, and finally to Rs 840 per sq.ft in 2024.

In terms of percentage changes, the guideline value increased by 12% from 2023 to 2024. There was a notable increase of 49% from 2017 to 2023. The value saw a decrease of 33% from 2012 to 2017, and an increase of 24% from 2007 to 2012. Overall, from 2007 to 2024, the guideline value has increased by 39%. The register does not contain figures for the years 2002 and 2003 for this street.

Guideline values in Ward - J

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

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. Duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Bharathi Nagar North?

The Bharathi Nagar North area is covered by 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 an essential factor during property registration in Ward - J. It serves as a benchmark for determining the stamp duty and registration fees applicable to a property transaction.

When buying or selling property, the guideline value ensures that both parties are aware of the minimum value set for the property, which is used to calculate the necessary fees. This helps maintain transparency in property transactions within the region.

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 several revisions in between. The most significant increase occurred from 2017 to 2023, where it rose by 49%.

What is the land classification for Bharathi Nagar North?

Bharathi Nagar North is classified as Residential Class IV Type - I. This classification indicates the type of development and usage permitted in the area.

What are the stamp duty rates for properties in Bharathi Nagar North?

The stamp duty rate for properties in Bharathi Nagar North is 7% of the guideline value. Additionally, there is a registration fee of 2% applicable.

Where can I find the Sub Registrar Office for Bharathi Nagar North?

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