Guideline Value

Corporate

Guideline Value for BHUVANESHWARI NAGAR

₹1055/sq.ft.

The guideline value for Bhuvaneshwari Nagar in Saravanmpatty. village (Gandhipuram SRO, Coimbatore zone) is Rs 1055 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class I Type - Iv. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Saravanmpatty.

Village

Gandhipuram

SRO

Residential Class I Type - IV
History
Period Guideline Value
From 1-7-2024 ₹1055 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
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)

Sro Gandhipuram,kalapatti Road,near Saravanampatti Poilce Station,saravanampatti-641035
0422-2666669
[email protected]

DRO (District Registrar Office)

District Registara Office, Syriyan Church Road, Corporation Marriage Hall, Coimbatore -641001
0422-2300722
[email protected],[email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Bhuvaneshwari Nagar

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Bhuvaneshwari Nagar guideline value

The current guideline value of Bhuvaneshwari Nagar is Rs 1,055 per sq.ft, effective from 1 July 2024. This street is located in Saravanmpatty, under the Gandhipuram SRO, and is classified as Residential Class I Type - IV.

How the guideline value of Bhuvaneshwari Nagar has changed

The guideline value for Bhuvaneshwari Nagar has undergone several revisions over the years. The 2012 revision set the value at Rs 600 per sq.ft, which increased to Rs 402 per sq.ft in 2017. However, from 2017 to 2023, there was a significant increase of 149%, bringing the value to Rs 1,000 per sq.ft. The current revision in 2024 marks a further increase of 6%, setting the guideline value at Rs 1,055 per sq.ft.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, the guideline value has increased by 76% from 2012 to 2024.

Guideline values in Saravanmpatty.

In Saravanmpatty, there are 180 streets under the Gandhipuram SRO that carry a 2024 guideline value ranging from Rs 1,010 to Rs 5,654 per sq.ft. The median value for these streets is Rs 1,060 per sq.ft, indicating that Bhuvaneshwari Nagar's 2024 figure is below this median.

Stamp duty and registration fee for property in Bhuvaneshwari Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,055 per sq.ft, the total guideline value would be Rs 10,55,000. The stamp duty at 7% would amount to Rs 73,850, and the registration fee at 2% would be Rs 21,100, bringing the total fees to Rs 94,950. It is essential to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Bhuvaneshwari Nagar?

The Sub Registrar Office that covers Bhuvaneshwari Nagar is the Gandhipuram Sub Registrar Office, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

You can find your SRO for more details.

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

The guideline value is a crucial factor in property transactions in Saravanmpatty. It serves as a benchmark for determining the minimum value at which a property can be registered. When buying or selling a property, the guideline value is used to calculate the stamp duty and registration fees.

It is important for buyers and sellers to be aware of the guideline value, as it can affect the overall cost of the transaction. The registration process requires adherence to the guideline value, ensuring that all parties are informed of the property's worth as determined by the local authority.

Frequently asked questions

What is the current guideline value of Bhuvaneshwari Nagar?

The current guideline value of Bhuvaneshwari Nagar is Rs 1,055 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has seen various changes, with the most significant increase occurring from 2017 to 2023, where it rose by 149%. The overall increase from 2012 to 2024 is 76%.

Where is the Gandhipuram SRO located?

The Gandhipuram Sub Registrar Office is located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

How is stamp duty calculated in Bhuvaneshwari 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 rate, the stamp duty would be Rs 73,850.

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

Other streets in Saravanmpatty include Bharma Thamilar Colony at Rs 1,045 per sq.ft, Bharathi Veethi and Bharathithasan Veethi at Rs 1,060 per sq.ft, and Bharathiar Veethi at Rs 1,055 per sq.ft.