Guideline Value

Corporate

Guideline Value for BHARATHI WEST STREET

₹840/sq.ft.

The guideline value for Bharathi West Street 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 West Street

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Bharathi West Street guideline value

The current guideline value of Bharathi West Street is Rs 840 per sq.ft, effective from 1 July 2024. This street is located in Ward - E village under the Tiruppur Joint I SRO, classified as Residential Class IV Type - I.

How the guideline value of Bharathi West Street has changed

Over the years, the guideline value of Bharathi West Street has undergone several revisions. The earliest recorded figure is from 2007, which was Rs 605 per sq.ft. This increased to Rs 750 per sq.ft in 2012, but then saw a significant drop to Rs 502 per sq.ft in 2017. The value then rose sharply to Rs 750 per sq.ft in 2023, and most recently to Rs 840 per sq.ft in 2024, marking a 12% increase from the previous year.

From 2017 to 2023, the guideline value increased by 49%. The change from 2012 to 2017 saw a decrease of 33%, while the rise from 2007 to 2012 was 24%. Overall, from 2007 to 2024, the guideline value has increased by 39%. It is important to note that 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 guideline value for 2024, ranging from Rs 840 to Rs 4,480 per sq.ft. The median guideline value is Rs 840 per sq.ft, which is the same as the current value for Bharathi West Street.

Stamp duty and registration fee for property in Bharathi West Street

For a 1,000 sq.ft plot at the current guideline value of Rs 840 per sq.ft, the total guideline value would be Rs 8,40,000. The stamp duty at 7% would amount to Rs 58,800, while the registration fee at 2% would be Rs 16,800, resulting in a total of Rs 75,600. It is important to note that the stamp duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Bharathi West Street?

The Bharathi West Street falls under 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 details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Ward - E. It serves as a benchmark for determining the stamp duty and registration fees that must 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. Buyers and sellers should be aware of the current guideline value to understand their financial obligations during the property transaction.

Frequently asked questions

What is the current guideline value of Bharathi West Street?

The current guideline value of Bharathi West Street 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 various revisions in between. The most significant increase was from Rs 750 per sq.ft in 2023 to Rs 840 per sq.ft in 2024.

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

Other streets in Ward - E with the same guideline value of Rs 840 per sq.ft include Bharathi Street, Bharathi Nagar West, Bharathi Nagar North, Bharathi Nagar Kavundanaikampalayam, Bhavani Nagar, and BHAVANI NAGAR 1St to3rd STREET.

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

The Sub Registrar Office covering Bharathi West Street 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 West Street?

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