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Guideline Value

Corporate

Guideline Value for BHAVANI NAGAR EAST, MOORTHI NAGAR

₹840/sq.ft.

The guideline value for Bhavani Nagar East, Moorthi Nagar 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 East, Moorthi Nagar

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Bhavani Nagar East, Moorthi Nagar guideline value

The current guideline value of Bhavani Nagar East, Moorthi Nagar is Rs 840 per sq.ft, effective from 1 July 2024. This property is classified under Residential Class IV Type - I and is registered with the Tiruppur Joint I SRO.

How the guideline value of Bhavani Nagar East, Moorthi Nagar has changed

The guideline value for Bhavani Nagar East has undergone several revisions over the years. The earliest recorded revision was in 2007, where the value was Rs 440 per sq.ft. This increased to Rs 750 per sq.ft in 2012, but then saw a decrease to Rs 502 per sq.ft in 2017. Following this, the value rose significantly to Rs 750 per sq.ft in 2023, and currently stands at Rs 840 per sq.ft as of the 2024 revision. Notably, there are no figures available for the years 2002 and 2003 for this street.

Examining the changes between revisions, from 2007 to 2012, there was a substantial increase of 70%. However, the value decreased by 33% from 2012 to 2017. The subsequent years saw a significant increase of 49% from 2017 to 2023, and a further rise of 12% from 2023 to 2024. Overall, the guideline value has increased by 91% from 2007 to 2024.

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 value being Rs 840 per sq.ft. Bhavani Nagar East's 2024 figure aligns with this median.

Stamp duty and registration fee for property in Bhavani Nagar East, Moorthi Nagar

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, and the registration fee at 2% would be Rs 16,800, bringing the total charges 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. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Bhavani Nagar East, Moorthi Nagar?

The Sub Registrar Office covering Bhavani Nagar East, Moorthi Nagar 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 transactions in Ward - E. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When a property is sold, the guideline value helps ensure that the transaction is recorded at a value that reflects the official rates set by the authorities. This is essential for maintaining transparency and compliance with legal requirements during property transactions.

Frequently asked questions

What is the current guideline value of Bhavani Nagar East, Moorthi Nagar?

The current guideline value of Bhavani Nagar East, Moorthi Nagar 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 is the land classification for Bhavani Nagar East?

Bhavani Nagar East is classified under Residential Class IV Type - I.

What are the stamp duty and registration fees for property in Bhavani Nagar East?

For a property valued at Rs 8,40,000, the stamp duty is Rs 58,800 and the registration fee is Rs 16,800, totaling Rs 75,600.

Which office handles the registration for Bhavani Nagar East?

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