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Guideline Value

Corporate

Guideline Value for BHARATHI NAGAR.RANGANATHAR VEETHI

₹1400/sq.ft.

The guideline value for Bharathi Nagar.ranganathar Veethi in Ganapathy village (Ganapathy SRO, Coimbatore zone) is Rs 1400 per sq.ft, effective 1 July 2024. It was Rs 1250 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ganapathy

Village

Ganapathy

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1400 /sq.ft.
From 1-4-2023 ₹1250 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹837 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1250 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹450 /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)

Sankaralinganar Road, Maniyakaranpalayam , Ganapathy, Coimbatore. 641006.
0422-2539950
[email protected]

DRO (District Registrar Office)

District Registara Office, Syriyan Church Road, Corporation Marriage Hall, Coimbatore -641001
0422-2300722
[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.ranganathar Veethi

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Bharathi Nagar.Ranganathar Veethi guideline value

The current guideline value for Bharathi Nagar.Ranganathar Veethi is Rs 1,400 per sq.ft, effective from 1 July 2024. This property is located in Ganapathy village, under the Ganapathy SRO, and is classified as Residential Class I Type - I.

How the guideline value of Bharathi Nagar.Ranganathar Veethi has changed

The guideline value for Bharathi Nagar.Ranganathar Veethi has seen several revisions over the years. In 2007, the value was Rs 450 per sq.ft, which increased significantly to Rs 1,250 per sq.ft in 2012. However, it dropped to Rs 837 per sq.ft in 2017. The 2023 revision brought the value back up to Rs 1,250 per sq.ft, and the latest 2024 revision set it at Rs 1,400 per sq.ft. The register has no figure for this street in 2002 and 2003.

From 2017 to 2023, the guideline value increased by 49%, and from 2023 to 2024, it rose by 12%. The overall change from 2007 to 2024 is a substantial 211%, reflecting the fluctuations in property valuation over the years.

Guideline values in Ganapathy

In Ganapathy, there are 324 streets under the Ganapathy SRO that carry a 2024 guideline value, ranging from Rs 1,007 to Rs 4,595 per sq.ft. The median value is Rs 1,120 per sq.ft, placing Bharathi Nagar.Ranganathar Veethi's 2024 figure above that median.

Stamp duty and registration fee for property in Bharathi Nagar.Ranganathar Veethi

For a 1,000 sq.ft plot at the current guideline value of Rs 1,400 per sq.ft, the total guideline value would be Rs 14,00,000. The stamp duty at 7% would amount to Rs 98,000, and the registration fee at 2% would be Rs 28,000, bringing the total cost to Rs 1,26,000. 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 our stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Bharathi Nagar.Ranganathar Veethi?

The Sub Registrar Office that covers Bharathi Nagar.Ranganathar Veethi is the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006. For more information, you can find your SRO.

How the guideline value is used when you buy or sell in Ganapathy

The guideline value plays a crucial role in the registration process when buying or selling property in Ganapathy. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction. The guideline value is assessed periodically and reflects the market conditions and property trends in the area.

When a property is sold, the buyer must pay stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government collects the appropriate fees based on the value of the property being transferred.

Frequently asked questions

What is the current guideline value for Bharathi Nagar.Ranganathar Veethi?

The current guideline value for Bharathi Nagar.Ranganathar Veethi is Rs 1,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 450 per sq.ft in 2007 to Rs 1,400 per sq.ft in 2024, reflecting an overall increase of 211% over the years.

What is the median guideline value in Ganapathy?

The median guideline value in Ganapathy is Rs 1,120 per sq.ft, with Bharathi Nagar.Ranganathar Veethi's 2024 value being above this median.

What are the stamp duty rates for properties in Bharathi Nagar.Ranganathar Veethi?

The stamp duty for properties in Bharathi Nagar.Ranganathar Veethi is charged at 7% of the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office for Bharathi Nagar.Ranganathar Veethi located?

The Ganapathy Sub Registrar Office is located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006.