Guideline Value

Corporate

Guideline Value for BHARATHI NAGAR WEST

₹840/sq.ft.

The guideline value for Bharathi Nagar West 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 West

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Bharathi Nagar West guideline value

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

How the guideline value of Bharathi Nagar West has changed

Over the years, the guideline value for Bharathi Nagar West has seen several revisions. The earliest recorded figure is from 2007, which was Rs 605 per sq.ft. This was followed by an increase to Rs 750 per sq.ft in 2012, a decrease to Rs 502 per sq.ft in 2017, and then a significant rise to Rs 750 per sq.ft in 2023. The most recent revision in 2024 has set the guideline value at Rs 840 per sq.ft, marking a 12% increase from the previous year.

Examining the changes between these revisions, we see a 49% increase from 2017 to 2023, a 33% decrease from 2012 to 2017, and a 24% increase from 2007 to 2012. Overall, from 2007 to 2024, the guideline value has increased by 39%. Notably, there are no figures available for the years 2002 and 2003 for this street.

Guideline values in Ward - E

In Ward - E, there are 171 streets under the Tiruppur Joint I SRO that carry a 2024 guideline value ranging from Rs 840 to Rs 4,480 per sq.ft, with the median value being Rs 840 per sq.ft. Bharathi Nagar West's guideline value aligns with this median at Rs 840 per sq.ft.

Stamp duty and registration fee for property in Bharathi Nagar West

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, bringing the total cost for duty and registration to 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 also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Bharathi Nagar West?

The Bharathi Nagar West 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. To find your specific SRO, you can visit find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions in Ward - E. It is used to determine the stamp duty and registration fees that need to be paid, ensuring that both buyers and sellers are aware of the official valuation of the property.

When a property is bought or sold, the guideline value is referenced to calculate the applicable fees. This ensures transparency in the transaction process and helps in maintaining a standard valuation across the region.

Frequently asked questions

What is the current guideline value for Bharathi Nagar West?

The current guideline value for Bharathi Nagar West 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 several times, starting from Rs 605 per sq.ft in 2007, increasing to Rs 750 per sq.ft in 2012, decreasing to Rs 502 per sq.ft in 2017, and then rising to Rs 750 per sq.ft in 2023. The latest revision in 2024 sets it at Rs 840 per sq.ft.

What is the land classification for Bharathi Nagar West?

Bharathi Nagar West is classified as Residential Class IV Type - I, indicating its suitability for residential development.

What are the stamp duty and registration fees for a property in Bharathi Nagar West?

For a property valued at Rs 8,40,000, the stamp duty would be Rs 58,800, and the registration fee would be Rs 16,800, totaling Rs 75,600. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Which office handles property registrations in Bharathi Nagar West?

The Tiruppur Joint I Sub Registrar Office handles property registrations for Bharathi Nagar West, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.