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Guideline Value

Corporate

Guideline Value for BHAVANI NAGAR 1St to3rd STREET

₹840/sq.ft.

The guideline value for Bhavani Nagar 1st To3rd 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 ₹440 /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 Bhavani Nagar 1st To3rd Street

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BHAVANI NAGAR 1St to3rd STREET guideline value

The current guideline value for BHAVANI NAGAR 1St to3rd STREET is Rs 840 per sq.ft, effective from 1 July 2024. This street is located in the village of Tiruppur, under the Tiruppur Joint I SRO, and is classified as Residential Class IV Type - I.

How the guideline value of BHAVANI NAGAR 1St to3rd STREET has changed

The guideline value for BHAVANI NAGAR 1St to3rd STREET has undergone several revisions over the years. In 2007, the value was Rs 440 per sq.ft, which increased to Rs 750 per sq.ft in 2012. However, this figure saw a decrease to Rs 502 per sq.ft in 2017. The 2023 revision set the value at Rs 750 per sq.ft, which then increased to Rs 840 per sq.ft in 2024, marking a 12% rise from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 91%. The changes between the revisions include a 70% increase from 2007 to 2012, a 33% decrease from 2012 to 2017, and a significant 49% increase from 2017 to 2023.

Guideline values in Ward - E

In Ward - E, there are 171 streets under the Tiruppur Joint I SRO that carry a 2024 guideline value, ranging from Rs 840 to Rs 4,480 per sq.ft. The median value for these streets is Rs 840 per sq.ft, which is the same as the guideline value for BHAVANI NAGAR 1St to3rd STREET.

Stamp duty and registration fee for property in BHAVANI NAGAR 1St to3rd STREET

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

You can use our stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers BHAVANI NAGAR 1St to3rd STREET?

The Sub Registrar Office covering BHAVANI NAGAR 1St to3rd STREET is 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 information.

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

When buying or selling property in Ward - E, the guideline value is a crucial factor in determining the fees associated with registration. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are aligned with the official valuation of the property.

At the time of registration, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable duties. This ensures that the transaction is recorded accurately and in accordance with the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value for BHAVANI NAGAR 1St to3rd STREET?

The current guideline value for BHAVANI NAGAR 1St to3rd 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 440 per sq.ft in 2007 to Rs 840 per sq.ft in 2024, reflecting an overall increase of 91% over this period.

What are the stamp duty and registration fees for properties in this area?

The stamp duty is charged at 7% and the registration fee at 2% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot, these fees would total Rs 75,600.

Which office handles property registrations for BHAVANI NAGAR 1St to3rd STREET?

The Tiruppur Joint I Sub Registrar Office handles property registrations for BHAVANI NAGAR 1St to3rd STREET, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.

What is the land classification for BHAVANI NAGAR 1St to3rd STREET?

BHAVANI NAGAR 1St to3rd STREET is classified as Residential Class IV Type - I, indicating its suitability for residential development.