Guideline Value

Corporate

Guideline Value for BHASIYAM NAIDU LANE

₹140/sq.ft.

The guideline value for Bhasiyam Naidu Lane in Vedapatti village (Thondamuthur SRO, Coimbatore zone) is Rs 140 per sq.ft, effective 1 July 2024. It was Rs 126 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Vedapatti

Village

Thondamuthur

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹140 /sq.ft.
From 1-4-2023 ₹126 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹84 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹125 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹110 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹36 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Perur Taluk, Coimbatore- 641 108
0422-2960402
[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 Bhasiyam Naidu Lane

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Bhasiyam Naidu Lane guideline value

The current guideline value of Bhasiyam Naidu Lane is Rs 140 per sq.ft, effective from 1 July 2024. This street is located in Vedapatti village, under the Thondamuthur SRO, and is classified as Residential Class II Type - III.

How the guideline value of Bhasiyam Naidu Lane has changed

The guideline value for Bhasiyam Naidu Lane has seen several revisions over the years. In 2003, the value was Rs 36 per sq.ft, which increased significantly to Rs 110 per sq.ft in 2007. By 2012, the value rose slightly to Rs 125 per sq.ft, but then fell to Rs 84 per sq.ft in 2017. The most recent revision in 2023 set the value at Rs 126 per sq.ft, before reaching the current rate of Rs 140 per sq.ft in 2024.

Overall, the guideline value has increased by 289% from 2003 to 2024. The changes between revisions include a 206% increase from 2003 to 2007, a 14% increase from 2007 to 2012, a 33% decrease from 2012 to 2017, a 50% increase from 2017 to 2023, and an 11% increase from 2023 to 2024.

Guideline values in Vedapatti

In Vedapatti, there are 48 streets under the Thondamuthur SRO that carry a 2024 guideline value ranging from Rs 140 to Rs 1,790 per sq.ft, with a median value of Rs 220 per sq.ft. Bhasiyam Naidu Lane's current guideline value is below this median.

Stamp duty and registration fee for property in Bhasiyam Naidu Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 140 per sq.ft, the total guideline value would be Rs 1,40,000. The stamp duty at 7% would be Rs 9,800, and the registration fee at 2% would be Rs 2,800, making the total charges Rs 12,600. 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 details.

Which Sub Registrar Office covers Bhasiyam Naidu Lane?

The Bhasiyam Naidu Lane is covered by the Thondamuthur Sub Registrar Office, located at 5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Perur Taluk, Coimbatore-641 108, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor when registering property in Vedapatti. It determines the minimum value at which a property can be sold or purchased, ensuring that all transactions are recorded at a fair value as per the government standards.

When you buy or sell a property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory for the legal transfer of property ownership. This ensures transparency and helps in maintaining accurate records within the registration system.

Frequently asked questions

What is the current guideline value of Bhasiyam Naidu Lane?

The current guideline value of Bhasiyam Naidu Lane is Rs 140 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2003, the guideline value has increased from Rs 36 per sq.ft to Rs 140 per sq.ft in 2024, with various fluctuations in between.

What is the registration office for Bhasiyam Naidu Lane?

The registration office for Bhasiyam Naidu Lane is the Thondamuthur Sub Registrar Office, located at 5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Perur Taluk, Coimbatore-641 108.

How is stamp duty calculated for properties in Bhasiyam Naidu Lane?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 1,40,000, the stamp duty would be Rs 9,800 at a rate of 7%.

What are the other streets in Vedapatti with guideline values?

Other streets in Vedapatti include Ayyavu Nager at Rs 335 per sq.ft, Arul Kamachi Nagar and Annga Pannadi St at Rs 220 per sq.ft, and Chennathembi Gounder St and Angppa Pannadi St at Rs 335 per sq.ft.