Guideline Value for BHR GREEN VILLA

Bhr Green Villa guideline value

The current guideline value of Bhr Green Villa in Pappampatti village is Rs 220 per sq.ft, effective from 1 July 2024. This property falls under the Singanallur SRO and is classified as Residential Class I Type - II.

How the guideline value of Bhr Green Villa has changed

Over the years, the guideline value for Bhr Green Villa has seen several revisions. The 2012 revision set the value at Rs 200 per sq.ft, which was then decreased to Rs 134 per sq.ft in the 2017 revision. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value back up to Rs 200 per sq.ft. The latest revision in 2024 has further increased the guideline value to Rs 220 per sq.ft, marking a 10% rise from the previous year.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Pappampatti

Pappampatti village has a total of 140 streets under the Singanallur SRO that carry a 2024 guideline value, ranging from Rs 140 to Rs 750 per sq.ft. The median guideline value for these streets is Rs 195 per sq.ft, positioning Bhr Green Villa above this median.

• Bharathi Nagar I, II, III: Rs 165 per sq.ft (2024)
• Barath Nagar: Rs 170 per sq.ft (2024)
• Baba Nagar: Rs 165 per sq.ft (2024)
• Ayothiyapuram TKN Layout: Rs 165 per sq.ft (2024)
• Ayothiyapuram Sriram Nagar: Rs 165 per sq.ft (2024)
• Ayothiyapuram Nachiyar Nagar: Rs 165 per sq.ft (2024)

Stamp duty and registration fee for property in Bhr Green Villa

For a 1,000 sq.ft plot at the current rate of Rs 220 per sq.ft, the guideline value amounts to Rs 2,20,000. The stamp duty at 7% would be Rs 15,400, and the registration fee at 2% would be Rs 4,400, totaling Rs 19,800. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Bhr Green Villa?

Bhr Green Villa is covered by the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. To find your specific SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in property transactions in Pappampatti. It is used to determine the stamp duty and registration fees that need to be paid during the registration process. Buyers and sellers should be aware that the guideline value is an essential factor in the overall cost of property transactions.

When a property is bought or sold, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Bhr Green Villa?

The current guideline value of Bhr Green Villa is Rs 220 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Bhr Green Villa has changed from Rs 200 per sq.ft in 2012 to Rs 134 per sq.ft in 2017, then increased to Rs 200 per sq.ft in 2023, and finally to Rs 220 per sq.ft in 2024.

What is the land classification of Bhr Green Villa?

Bhr Green Villa is classified as Residential Class I Type - II, which indicates its suitability for residential development.

How is the stamp duty calculated for properties in Pappampatti?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, if the guideline value is Rs 2,20,000, the stamp duty would be calculated at 7% of this amount.

Where can I find the Sub Registrar Office for Bhr Green Villa?

The Sub Registrar Office covering Bhr Green Villa is located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111. You can find more information by visiting the official website to find your SRO.