Guideline Value for BHARATHIYAR NAGAR

Bharathiyar Nagar guideline value

The current guideline value of Bharathiyar Nagar, located in Chettipalayam village under the Kinathukkadavu SRO, is Rs 280 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class I Type - I.

How the guideline value of Bharathiyar Nagar has changed

The guideline value register for Bharathiyar Nagar has seen revisions over the years, with the most recent figure being Rs 280 per sq.ft from the 2024 revision. The register has no figures for the years 2023, 2017, 2012, 2007, 2003, and 2002.

In the 2024 revision, the guideline value was set at Rs 280 per sq.ft, which is equal to the median value of Rs 280 per sq.ft for the 158 streets in Chettipalayam under the Kinathukkadavu SRO. There have been no changes between the revisions above.

Guideline values in Chettipalayam

In Chettipalayam, the guideline values for various streets range from Rs 225 to Rs 680 per sq.ft, with the median being Rs 280 per sq.ft. Bharathiyar Nagar's 2024 figure of Rs 280 per sq.ft is equal to this median.

• Bhathirakaliamman Kovil Street: Rs 225 per sq.ft (2024)
• Bhuvaneshwari Nagar: Rs 280 per sq.ft (2024)
• Bajanai Koil Street: Rs 280 per sq.ft (2024)
• Ayyavu Chettiar Street: Rs 280 per sq.ft (2024)
• Ayyannan Chettiar Street: Rs 280 per sq.ft (2024)
• Athi Thiravidar Theru: Rs 225 per sq.ft (2024)

Stamp duty and registration fee for property in Bharathiyar Nagar

For a 1,000 sq.ft plot at the current rate of Rs 280 per sq.ft, the guideline value amounts to Rs 2,80,000. The stamp duty at 7% would be Rs 19,600, and the registration fee at 2% would be Rs 5,600, totaling Rs 25,200. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Bharathiyar Nagar?

The Sub Registrar Office that covers Bharathiyar Nagar is the Kinathukkadavu Sub Registrar Office, located at 151 Coimbatore To Pollachi Main Road, Kinathukadavu- 642109, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration of property transactions in Chettipalayam. It serves as a benchmark for determining the minimum price at which a property can be registered, ensuring that the registration process adheres to legal and financial standards.

When buying or selling property, the guideline value helps in calculating the applicable stamp duty and registration fees. This ensures that both parties are aware of the costs involved in the transaction, based on the established guideline value.

Frequently asked questions

What is the current guideline value of Bharathiyar Nagar?

The current guideline value of Bharathiyar Nagar is Rs 280 per sq.ft, effective from 1 July 2024.

What land classification does Bharathiyar Nagar fall under?

Bharathiyar Nagar is classified as Residential Class I Type - I, indicating its designated use for residential purposes.

Have there been any changes in the guideline value for Bharathiyar Nagar?

There have been no changes in the guideline value for Bharathiyar Nagar between the revisions available in the register. The most recent figure is Rs 280 per sq.ft from the 2024 revision.

Where can I find the registration office for Bharathiyar Nagar?

The registration office for Bharathiyar Nagar is the Kinathukkadavu Sub Registrar Office, located at 151 Coimbatore To Pollachi Main Road, Kinathukadavu- 642109, Coimbatore registration zone.

How is the guideline value determined for properties in Chettipalayam?

The guideline value for properties in Chettipalayam is determined based on various factors, including the location and classification of the land. The values are updated periodically, with the most recent revision reflecting the current market conditions.