Guideline Value

Corporate

Guideline Value for Bhaktavatsalam Street

₹1100/sq.ft.

The guideline value for Bhaktavatsalam Street in Sanganur. village (Gandhipuram SRO, Coimbatore zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Sanganur.

Village

Gandhipuram

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹200 /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)

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 Bhaktavatsalam Street

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Bhaktavatsalam Street guideline value

The current guideline value of Bhaktavatsalam Street is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Sanganur, under the Gandhipuram SRO, and is classified as Residential Class II Type - I.

How the guideline value of Bhaktavatsalam Street has changed

Over the years, the guideline value of Bhaktavatsalam Street has seen significant changes. The 2007 revision recorded a guideline value of Rs 200 per sq.ft, which increased to Rs 800 per sq.ft in 2012. However, it then decreased to Rs 536 per sq.ft in 2017. From 2017 to 2023, the value surged to Rs 1,000 per sq.ft, marking an 87% increase. The latest revision in 2024 set the value at Rs 1,100 per sq.ft, reflecting a 10% increase from the previous year.

The register has no figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 450%.

Guideline values in Sanganur.

In Sanganur, there are 394 streets under the Gandhipuram SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 10,080 per sq.ft, with a median value of Rs 1,120 per sq.ft. Bhaktavatsalam Street's 2024 figure is below this median.

Stamp duty and registration fee for property in Bhaktavatsalam Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, totaling Rs 99,000. Please note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Bhaktavatsalam Street?

The Sub Registrar Office that covers Bhaktavatsalam Street 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 information.

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

The guideline value is a critical factor in the registration process of property transactions in Sanganur. It serves as the basis for calculating stamp duty and registration fees, ensuring that both parties are aware of the official valuation of the property.

When buying or selling property, it is essential to consider the guideline value, as it impacts the overall costs associated with the transaction. Buyers should be prepared to pay stamp duty and registration fees based on this value, which can significantly affect the total expenditure.

Frequently asked questions

What is the current guideline value of Bhaktavatsalam Street?

The current guideline value of Bhaktavatsalam Street is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 200 per sq.ft in 2007 to Rs 1,100 per sq.ft in 2024, representing a total increase of 450% over the years.

What is the registration office for Bhaktavatsalam Street?

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

How are stamp duty and registration fees calculated?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. The registration fee is charged at 2% of the guideline value or sale price, again whichever is higher.

What are the guideline values of other streets in Sanganur?

Other streets in Sanganur have varying guideline values, with Bharathi Nagar also at Rs 1,100 per sq.ft, while several streets like Bharathi Park Road 1, 2, and Cross streets are valued at Rs 2,800 per sq.ft in 2024.