Guideline Value

Corporate

Guideline Value for BHARATHI NAGAR WEST

₹840/sq.ft.

The guideline value for Bharathi Nagar West 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 West

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Bharathi Nagar West guideline value

The current guideline value of Bharathi Nagar West 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 West has changed

The guideline value for Bharathi Nagar West has seen several revisions over the years. The 2007 revision set the value at Rs 605 per sq.ft, which increased to Rs 750 per sq.ft in the 2012 revision. However, there was a decrease to Rs 502 per sq.ft in the 2017 revision. The 2023 revision marked a significant increase to Rs 750 per sq.ft, followed by another increase to Rs 840 per sq.ft in the 2024 revision. The register has no figures for the years 2002 and 2003 for this street.

In terms of percentage changes, the value increased by 24% from 2007 to 2012, decreased by 33% from 2012 to 2017, and then saw a substantial increase of 49% from 2017 to 2023. The latest increase from 2023 to 2024 is 12%. 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 with a 2024 guideline value ranging from Rs 840 to Rs 4,480 per sq.ft. The median guideline value in this area is Rs 1,120 per sq.ft, placing Bharathi Nagar West's 2024 figure below this median.

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, making the total cost for these fees Rs 75,600. It is important to note that 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. 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 the registration of property transactions in Ward - J. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being sold or purchased.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that both buyers and sellers adhere to the legal requirements set by the registration department. This process helps maintain transparency in property transactions.

Frequently asked questions

What is the current guideline value of Bharathi Nagar West?

The current guideline value of 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 from Rs 605 per sq.ft in 2007 to Rs 840 per sq.ft in 2024, with notable increases and a decrease during the revisions in between.

What are the other streets in Ward - J with the same guideline value?

Other streets in Ward - J with the same guideline value of Rs 840 per sq.ft include Bharathi Nagar North, Bharathi Nagar Kavundanaikampalayam, Bharathi Nagar 1st West Street, Bharathi Street, Bharathi Nagar, and Bharathi West Street.

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

The Sub Registrar Office covering Bharathi Nagar West 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 properties in Bharathi Nagar West?

Stamp duty for properties in Bharathi Nagar West is calculated based on the guideline value or the sale price, whichever is higher. For example, for a plot of 1,000 sq.ft at the current guideline value, the total stamp duty would be Rs 58,800.