Guideline Value

Corporate

Guideline Value for BHARATHIAR VEETHI

₹1055/sq.ft.

The guideline value for Bharathiar Veethi in Saravanmpatty. village (Gandhipuram SRO, Coimbatore zone) is Rs 1055 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class I Type - Iv. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Saravanmpatty.

Village

Gandhipuram

SRO

Residential Class I Type - IV
History
Period Guideline Value
From 1-7-2024 ₹1055 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹700 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
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)

Sro Gandhipuram,kalapatti Road,near Saravanampatti Poilce Station,saravanampatti-641035
0422-2666669
[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 Bharathiar Veethi

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Bharathiar Veethi guideline value

The current guideline value of Bharathiar Veethi is Rs 1,055 per sq.ft, effective from 1 July 2024. This street is located in Saravanmpatty, under the Gandhipuram SRO, and is classified as Residential Class I Type - IV.

How the guideline value of Bharathiar Veethi has changed

The guideline value for Bharathiar Veethi has undergone several revisions over the years. The 2012 revision set the value at Rs 700 per sq.ft, which then decreased to Rs 469 per sq.ft in 2017. However, there was a significant increase in the following revisions, with the 2023 revision reflecting a value of Rs 1,000 per sq.ft, and the most recent 2024 revision marking a further increase to Rs 1,055 per sq.ft. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, it saw a dramatic increase of 113%. Overall, from 2012 to 2024, the guideline value has increased by 51%.

Guideline values in Saravanmpatty.

In Saravanmpatty, there are 180 streets under the Gandhipuram SRO that carry a 2024 guideline value ranging from Rs 1,010 to Rs 5,654 per sq.ft, with a median value of Rs 1,060 per sq.ft. Bharathiar Veethi's 2024 guideline value is below this median.

Stamp duty and registration fee for property in Bharathiar Veethi

For a 1,000 sq.ft plot at the current guideline value of Rs 1,055 per sq.ft, the total guideline value amounts to Rs 10,55,000. The stamp duty at 7% would be Rs 73,850, and the registration fee at 2% would be Rs 21,100, bringing the total cost for these fees to Rs 94,950. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Bharathiar Veethi?

The Sub Registrar Office that covers Bharathiar Veethi 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 Saravanmpatty.

The guideline value is a crucial factor when registering property transactions in Saravanmpatty. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency and compliance with government regulations.

When buying or selling property, the guideline value helps in calculating the applicable stamp duty and registration fees. It is essential for both buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Bharathiar Veethi?

The current guideline value of Bharathiar Veethi is Rs 1,055 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 700 per sq.ft in 2012 to Rs 1,055 per sq.ft in 2024, with notable increases in the years 2017 and 2023.

What is the land classification for Bharathiar Veethi?

Bharathiar Veethi is classified as Residential Class I Type - IV, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for Bharathiar Veethi?

The Sub Registrar Office covering Bharathiar Veethi is located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

How is stamp duty calculated for property in Bharathiar Veethi?

Stamp duty for property in Bharathiar Veethi is calculated based on the higher of the guideline value or the sale price. For example, a property valued at Rs 10,55,000 incurs a stamp duty of Rs 73,850 at 7%.