Guideline Value for BHAVANI NAGAR EAST 1ST STREET

Bhavani Nagar East 1st Street guideline value

The current guideline value of Bhavani Nagar East 1st Street is Rs 840 per sq.ft, effective from 1 July 2024. This street is located in Ward - E village under the Tiruppur Joint I SRO, and it falls under the Residential Class IV Type - I land classification.

How the guideline value of Bhavani Nagar East 1st Street has changed

In the 2007 revision, the guideline value was Rs 440 per sq.ft. This increased to Rs 750 per sq.ft in the 2012 revision, marking a 70% rise. However, in the 2017 revision, the value decreased to Rs 502 per sq.ft, reflecting a decline of 33%. The value then saw significant growth, rising to Rs 750 per sq.ft in the 2023 revision, which was a 49% increase from the previous figure. Finally, the current 2024 revision shows a guideline value of Rs 840 per sq.ft, which is a 12% increase from the 2023 figure.

The register has no figures for the years 2002 and 2003 for this street.

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, with the median being Rs 840 per sq.ft. The guideline value for Bhavani Nagar East 1st Street matches this median.

• Bhavani Nagar Cross St: Rs 840 per sq.ft (2024)
• Bhavani Nagar East Extension: Rs 840 per sq.ft (2024)
• Bhavani Nagar Cross Extension: Rs 840 per sq.ft (2024)
• Bhavani Nagar East, Moorthi Nagar: Rs 840 per sq.ft (2024)
• Bhavani Nagar 2nd Cross Street: Rs 840 per sq.ft (2024)
• Bhavani Nagar Extension: Rs 840 per sq.ft (2024)

Stamp duty and registration fee for property in Bhavani Nagar East 1st Street

For a 1,000 sq.ft plot at the current rate, the guideline value would be Rs 8,40,000. The stamp duty at 7% would amount to Rs 58,800, and the registration fee at 2% would be Rs 16,800, making the total cost for these fees Rs 75,600. It is important to note that 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 Bhavani Nagar East 1st Street?

The Sub Registrar Office that covers Bhavani Nagar East 1st 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

The guideline value is a crucial factor when registering property in Ward - E. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

Frequently asked questions

What is the current guideline value of Bhavani Nagar East 1st Street?

The current guideline value of Bhavani Nagar East 1st 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 seen various changes: Rs 440 per sq.ft in 2007, Rs 750 per sq.ft in 2012, Rs 502 per sq.ft in 2017, Rs 750 per sq.ft in 2023, and currently Rs 840 per sq.ft in 2024.

What is the land classification for Bhavani Nagar East 1st Street?

Bhavani Nagar East 1st Street falls under the Residential Class IV Type - I land classification.

Where can I find the Sub Registrar Office for Bhavani Nagar East 1st Street?

The Sub Registrar Office for Bhavani Nagar East 1st Street is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

How is stamp duty calculated for properties in Bhavani Nagar East 1st Street?

Stamp duty is calculated based on the guideline value or the sale price of the property, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the total stamp duty and registration fees would amount to Rs 75,600.