Guideline Value for BHARATHI STREET (KALAPPATTI)

Bharathi Street (Kalappatti) guideline value

The current guideline value of Bharathi Street (Kalappatti) is Rs 1,045 per sq.ft, effective from 1 July 2024. This street is located in KALAPATTY_East village, under the Gandhipuram SRO, and is classified as Residential Class II Type - I.

How the guideline value of Bharathi Street (Kalappatti) has changed

Over the years, the guideline value for Bharathi Street has seen significant changes. The 2017 revision recorded a value of Rs 335 per sq.ft. This increased to Rs 1,000 per sq.ft in 2023, marking a remarkable increase of 199%. The latest revision in 2024 set the guideline value at Rs 1,045 per sq.ft, reflecting a 5% increase from the previous year.

It is important to note that there are no recorded figures for Bharathi Street in the revisions for the years 2002, 2003, 2007, and 2012. Overall, the guideline value has increased by 212% from 2017 to 2024.

Guideline values in KALAPATTY_East

In KALAPATTY_East, there are 358 streets under the Gandhipuram SRO that have a 2024 guideline value ranging from Rs 1,010 to Rs 3,920 per sq.ft. The median value for these streets is Rs 1,055 per sq.ft, placing Bharathi Street's 2024 figure below the median.

• Bharathi Street (R.G.Pudur): Rs 1,040 per sq.ft (2024)
• Bharath Rathinam Garden: Rs 1,065 per sq.ft (2024)
• Bharath Rathinam Nagar (R.G.Pudur): Rs 1,040 per sq.ft (2024)
• B Ayyasamy Nagar: Rs 1,065 per sq.ft (2024)
• Balakrishna Naidu Colony: Rs 1,055 per sq.ft (2024)
• Balaji Nagar Phase 2 (Kalappatti): Rs 1,065 per sq.ft (2024)

Stamp duty and registration fee for property in Bharathi Street (Kalappatti)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,045 per sq.ft, the guideline value totals Rs 10,45,000. The stamp duty at 7% would be Rs 73,150, and the registration fee at 2% would be Rs 20,900, bringing the total fees to Rs 94,050. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Bharathi Street (Kalappatti)?

The Sub Registrar Office that covers Bharathi Street (Kalappatti) is the Gandhipuram Sub Registrar Office, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in KALAPATTY_East. It helps determine the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that the transaction is recorded accurately in the official register. This process is essential for maintaining transparency and legality in property transactions.

Frequently asked questions

What is the current guideline value of Bharathi Street (Kalappatti)?

The current guideline value of Bharathi Street (Kalappatti) is Rs 1,045 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased significantly, from Rs 335 per sq.ft to Rs 1,045 per sq.ft in 2024, which is an overall increase of 212%.

What are the other streets in KALAPATTY_East with their guideline values?

Other streets in KALAPATTY_East include Bharathi Street (R.G.Pudur) at Rs 1,040 per sq.ft, Bharath Rathinam Garden at Rs 1,065 per sq.ft, and Balakrishna Naidu Colony at Rs 1,055 per sq.ft, among others.

Where can I find the Sub Registrar Office for Bharathi Street (Kalappatti)?

The Sub Registrar Office for Bharathi Street (Kalappatti) is the Gandhipuram Sub Registrar Office, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

How is the stamp duty calculated for properties in Bharathi Street (Kalappatti)?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a 1,000 sq.ft plot at the current guideline value would incur a stamp duty of Rs 73,150.