Guideline Value for BHUVANA GOLD

Bhuvana Gold guideline value

The current guideline value of Bhuvana Gold is Rs 1,680 per sq.ft, effective from 1 July 2024. This property is located in Villankuruchi village under the Ganapathy SRO, classified as Residential Special Type - III.

How the guideline value of Bhuvana Gold has changed

The guideline value for Bhuvana Gold has undergone several revisions over the years. The 2017 revision recorded a value of Rs 1,005 per sq.ft, which remained unchanged in the 2023 revision. However, the 2024 revision saw a significant increase to Rs 1,680 per sq.ft, marking a 67% rise from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 67%. It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Villankuruchi

In Villankuruchi, there are 275 streets under the Ganapathy SRO with a 2024 guideline value ranging from Rs 1,001 to Rs 3,220 per sq.ft. The median value for these streets is Rs 1,008 per sq.ft, placing Bhuvana Gold's 2024 figure above this median.

• Bharathi Veethi: Rs 1,007 per sq.ft (2024)
• Bharathi Nagar: Rs 1,010 per sq.ft (2024)
• Bethal Nagar: Rs 1,007 per sq.ft (2024)
• Bankers Nagar-1,Sri Kaliamman Nagar: Rs 1,010 per sq.ft (2024)
• BANKERS Nagar: Rs 1,010 per sq.ft (2024)
• BANKERS COLONY PHASE ii: Rs 1,010 per sq.ft (2024)

Stamp duty and registration fee for property in Bhuvana Gold

For a 1,000 sq.ft plot at the current guideline value of Rs 1,680 per sq.ft, the total guideline value amounts to Rs 16,80,000. The stamp duty at 7% would be Rs 1,17,600, and the registration fee at 2% would be Rs 33,600, making the total fees Rs 1,51,200. 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 details.

Which Sub Registrar Office covers Bhuvana Gold?

The Bhuvana Gold property falls under the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Villankuruchi. It determines the minimum price at which a property can be registered and is used to calculate stamp duty and registration fees during the sale process.

When buying or selling property, the guideline value ensures that both parties are aware of the official valuation of the property, which can help prevent disputes and ensure transparency in transactions.

Frequently asked questions

What is the current guideline value of Bhuvana Gold?

The current guideline value of Bhuvana Gold is Rs 1,680 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

From the 2017 revision to the 2024 revision, the guideline value has increased by 67%, moving from Rs 1,005 per sq.ft to Rs 1,680 per sq.ft.

What are the other streets in Villankuruchi with their guideline values?

Other streets in Villankuruchi include Bharathi Veethi at Rs 1,007 per sq.ft, Bharathi Nagar at Rs 1,010 per sq.ft, and Bankers Nagar at Rs 1,010 per sq.ft, among others.

What fees are associated with buying property in Bhuvana Gold?

When purchasing property in Bhuvana Gold, buyers should consider the stamp duty of 7% and a registration fee of 2% based on the guideline value or sale price, whichever is higher.

Where is the Ganapathy Sub Registrar Office located?

The Ganapathy Sub Registrar Office is located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006.