Guideline Value for Bhahavathidevar santhu

Bhahavathidevar santhu guideline value

The current guideline value of Bhahavathidevar santhu is Rs 440 per sq.ft, effective from 1 July 2024. This street is located in Irugur village under the Singanallur SRO, classified as Residential Class II Type - II.

How the guideline value of Bhahavathidevar santhu has changed

The guideline value for Bhahavathidevar santhu has undergone several revisions over the years. The 2017 revision recorded a value of Rs 268 per sq.ft. In 2023, this increased to Rs 400 per sq.ft, marking a significant rise of 49%. The most recent revision in 2024 set the value at Rs 440 per sq.ft, which is a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in Irugur

In Irugur, there are 307 streets under the Singanallur SRO that have a 2024 guideline value ranging from Rs 220 to Rs 2,200 per sq.ft. The median value among these streets is Rs 440 per sq.ft, which is equal to the guideline value of Bhahavathidevar santhu.

• Bank Chinniya Gounder Street: Rs 440 per sq.ft (2024)
• Baladhanautham Nagar: Rs 550 per sq.ft (2024)
• Bajanai koil street: Rs 440 per sq.ft (2024)
• Ayyanar Kovil Street: Rs 275 per sq.ft (2024)
• Ayya koil thottam: Rs 275 per sq.ft (2024)
• Avinashi road: Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Bhahavathidevar santhu

For a 1,000 sq.ft plot at the current rate of Rs 440 per sq.ft, the guideline value amounts to Rs 4,40,000. The stamp duty at 7% would be Rs 30,800, and the registration fee at 2% would be Rs 8,800, totaling Rs 39,600. Duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Bhahavathidevar santhu?

The Sub Registrar Office that covers Bhahavathidevar santhu is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, in the Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Irugur. It is used to determine the stamp duty and registration fees when buying or selling property. The fees are calculated based on the guideline value or the sale price, whichever is higher.

When engaging in a property transaction, it is essential to be aware of the current guideline value as it directly impacts the costs associated with registration. This ensures that buyers and sellers are prepared for the financial obligations involved in the process.

Frequently asked questions

What is the current guideline value of Bhahavathidevar santhu?

The current guideline value of Bhahavathidevar santhu is Rs 440 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 268 per sq.ft in 2017 to Rs 440 per sq.ft in 2024, which is an overall increase of 64%.

What are the stamp duty and registration fees for a property in Bhahavathidevar santhu?

For a property valued at Rs 4,40,000, the stamp duty would be Rs 30,800 and the registration fee would be Rs 8,800, totaling Rs 39,600.

Which Sub Registrar Office is responsible for Bhahavathidevar santhu?

The Singanallur Sub Registrar Office covers Bhahavathidevar santhu, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.

What is the land classification of Bhahavathidevar santhu?

Bhahavathidevar santhu is classified as Residential Class II Type - II.