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Guideline Value

Corporate

Guideline Value for BHAVANI NAGAR NORTH(SHANTHI NAGAR)

₹840/sq.ft.

The guideline value for Bhavani Nagar North(shanthi 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 North(shanthi Nagar)

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Bhavani Nagar North(Shanthi Nagar) guideline value

The current guideline value of Bhavani Nagar North(Shanthi Nagar) is Rs 840 per sq.ft, effective from 1 July 2024. This property is located in the village of Bhavani Nagar North under the Tiruppur Joint I SRO, classified as Residential Class IV Type - I.

How the guideline value of Bhavani Nagar North(Shanthi Nagar) has changed

The guideline value for Bhavani Nagar North(Shanthi Nagar) has seen several revisions over the years. The earliest recorded revision was in 2007, with a value of Rs 440 per sq.ft, which increased to Rs 750 per sq.ft in 2012. However, this was followed by a decrease to Rs 502 per sq.ft in 2017. The value then rose significantly to Rs 750 per sq.ft in 2023, and the most recent revision in 2024 set the value at Rs 840 per sq.ft, reflecting a 12% increase from the previous year.

From 2007 to 2024, the overall change in the guideline value is an increase of 91%. The changes between the revisions are as follows: a 70% increase from 2007 to 2012, a 33% decrease from 2012 to 2017, a 49% increase from 2017 to 2023, and a 12% increase from 2023 to 2024. It is important to note that 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. Bhavani Nagar North(Shanthi Nagar) aligns with this median value at Rs 840 per sq.ft.

Stamp duty and registration fee for property in Bhavani Nagar North(Shanthi 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, resulting in a total of Rs 75,600 for these fees. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Bhavani Nagar North(Shanthi Nagar)?

The Sub Registrar Office that covers Bhavani Nagar North(Shanthi 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 additional details.

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

The guideline value plays a crucial role during the registration of property transactions in Ward - E. It is used to determine the stamp duty and registration fees that are applicable when buying or selling property in the area.

Frequently asked questions

What is the current guideline value of Bhavani Nagar North(Shanthi Nagar)?

The current guideline value of Bhavani Nagar North(Shanthi 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 significantly over the years, with the most recent increase being 12% from Rs 750 per sq.ft in 2023 to Rs 840 per sq.ft in 2024. Overall, from 2007 to 2024, the value has increased by 91%.

What is the classification of land in Bhavani Nagar North(Shanthi Nagar)?

The land in Bhavani Nagar North(Shanthi Nagar) is classified as Residential Class IV Type - I, indicating its intended use for residential purposes.

Where can I find the registration office for Bhavani Nagar North(Shanthi Nagar)?

The registration office for Bhavani Nagar North(Shanthi Nagar) 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 North(Shanthi Nagar)?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value, the stamp duty would be Rs 58,800 at a rate of 7%.