Guideline Value

Corporate

Guideline Value for BHARATHI NAGAR

₹707/sq.ft.

The guideline value for Bharathi Nagar in Ward - A village (Tiruppur Joint Ii SRO, Coimbatore zone) is Rs 707 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 1% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - A

Village

Tiruppur Joint II

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹707 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹342 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹510 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹315 /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.
0421-2960035
[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

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Bharathi Nagar guideline value

The current guideline value of Bharathi Nagar, located in Ward - A under the Tiruppur Joint II SRO, is Rs 707 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Class I Type - I.

How the guideline value of Bharathi Nagar has changed

The guideline value for Bharathi Nagar has seen several revisions over the years. In 2007, the value was Rs 315 per sq.ft, which increased to Rs 510 per sq.ft in 2012. However, this figure dropped to Rs 342 per sq.ft in 2017. Following this, there was a significant increase of 105%, bringing the value to Rs 700 per sq.ft in 2023. The latest revision in 2024 has set the guideline value at Rs 707 per sq.ft, reflecting a 1% increase from the previous year.

It is important to note that there are no figures available for Bharathi Nagar in the register for the years 2002 and 2003. Overall, from 2007 to 2024, the guideline value has increased by 124%.

Guideline values in Ward - A

In Ward - A, there are 229 streets under the Tiruppur Joint II SRO that carry a 2024 guideline value ranging from Rs 701 to Rs 880 per sq.ft, with the median value being Rs 709 per sq.ft. Bharathi Nagar's current guideline value is below this median.

Stamp duty and registration fee for property in Bharathi Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 707 per sq.ft, the total guideline value amounts to Rs 7,07,000. The stamp duty at 7% would be Rs 49,490, and the registration fee at 2% would be Rs 14,140, bringing the total charges to Rs 63,630. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Bharathi Nagar?

The Bharathi Nagar area is covered by the Tiruppur Joint II 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 information.

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

The guideline value plays a crucial role in the registration process of property transactions in Ward - A. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees that need to be paid at the time of registration.

It is essential for buyers and sellers to be aware of the current guideline value, as it affects the overall cost of the transaction. Accurate knowledge of these values ensures that all parties involved are adequately informed about their financial obligations during the property transfer process.

Frequently asked questions

What is the current guideline value of Bharathi Nagar?

The current guideline value of Bharathi Nagar is Rs 707 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 315 per sq.ft in 2007 to Rs 707 per sq.ft in 2024, reflecting an overall increase of 124% over the years.

What is the registration office for Bharathi Nagar?

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

How is stamp duty calculated in Bharathi Nagar?

Stamp duty in Bharathi Nagar is calculated based on the higher of the guideline value or the sale price. For example, on a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 49,490.

What are the other streets in Ward - A with their guideline values?

Other streets in Ward - A include Bharathi Nagar 1st West Street at Rs 707 per sq.ft, Bharathidasan Nagar at Rs 701 per sq.ft, Bharathipuram at Rs 705 per sq.ft, and several others, all having their respective guideline values listed for 2024.