Guideline Value

Corporate

Guideline Value for BHARMA THAMILAR COLONY

₹1045/sq.ft.

The guideline value for Bharma Thamilar Colony in Saravanmpatty. village (Gandhipuram SRO, Coimbatore zone) is Rs 1045 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 5% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Saravanmpatty.

Village

Gandhipuram

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹1045 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹268 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹400 /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 Bharma Thamilar Colony

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Bharma Thamilar Colony guideline value

The current guideline value of Bharma Thamilar Colony is Rs 1,045 per sq.ft, effective from 1 July 2024. This area falls under the village of Saravanmpatty and is classified as Residential Class II Type - II. The relevant Sub Registrar Office for this locality is the Gandhipuram SRO.

How the guideline value of Bharma Thamilar Colony has changed

Over the years, the guideline value of Bharma Thamilar Colony has seen significant changes. The 2012 revision set the value at Rs 400 per sq.ft, which was then revised to Rs 268 per sq.ft in 2017. Following this, the 2023 revision increased the value to Rs 1,000 per sq.ft, and the most recent 2024 revision has set it at Rs 1,045 per sq.ft. The register has no figures for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, the guideline value decreased by 33%. However, there was a substantial increase of 273% from 2017 to 2023. The transition from 2023 to 2024 saw a 5% rise. Overall, from 2012 to 2024, the guideline value has increased by 161%.

Guideline values in Saravanmpatty.

In Saravanmpatty, there are 180 streets under the Gandhipuram SRO that have 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. The guideline value of Bharma Thamilar Colony is below this median.

Stamp duty and registration fee for property in Bharma Thamilar Colony

For a 1,000 sq.ft plot at the current guideline value of Rs 1,045 per sq.ft, the total guideline value amounts to 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 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 details.

Which Sub Registrar Office covers Bharma Thamilar Colony?

The Bharma Thamilar Colony is covered by the Gandhipuram Sub Registrar Office, located at 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 during the registration of property transactions in Saravanmpatty. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When buying or selling property, the guideline value helps in assessing the fair value of the property. It is essential for 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 Bharma Thamilar Colony?

The current guideline value of Bharma Thamilar Colony is Rs 1,045 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2012 to Rs 1,045 per sq.ft in 2024, with significant increases noted in the revisions from 2017 and 2023.

What is the registration office for Bharma Thamilar Colony?

The registration office for Bharma Thamilar Colony is the Gandhipuram Sub Registrar Office, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

How is stamp duty calculated in Bharma Thamilar Colony?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a plot valued at Rs 10,45,000, the stamp duty would be Rs 73,150.

What are the other streets with guideline values in Saravanmpatty?

Other streets in Saravanmpatty include Bhuvaneshwari Nagar at Rs 1,055 per sq.ft, Bharathi Veethi and Bharathithasan Veethi at Rs 1,060 per sq.ft, and Bharathiar Veethi at Rs 1,055 per sq.ft, among others.