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Guideline Value

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Guideline Value for Bharath nagar (N K Palayam)

₹1232/sq.ft.

The guideline value for Bharath Nagar (n K Palayam) in Uppilipalayam village (Singanallur SRO, Coimbatore zone) is Rs 1232 per sq.ft, effective 1 July 2024. It was Rs 1100 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Uppilipalayam

Village

Singanallur

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹1232 /sq.ft.
From 1-4-2023 ₹1100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹737 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1100 /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)

Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111
0422-2579455
[email protected]

DRO (District Registrar Office)

District Registrar Office Coimbatore (south), Fifth Floor, Singapore Plaza, Crosscut Road, Gandhipuram, Coimbatore 641012.
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[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Bharath Nagar (n K Palayam)

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Bharath nagar (N K Palayam) guideline value

The current guideline value of Bharath nagar (N K Palayam) is Rs 1,232 per sq.ft, effective from 1 July 2024. This area is located in Uppilipalayam village under the Singanallur SRO and is classified as Residential Class I Type - II.

How the guideline value of Bharath nagar (N K Palayam) has changed

Over the years, the guideline value of Bharath nagar (N K Palayam) has seen several revisions. The 2012 revision set the value at Rs 1,100 per sq.ft, which was followed by a decrease to Rs 737 per sq.ft in the 2017 revision. However, the value increased significantly to Rs 1,100 per sq.ft in the 2023 revision and further rose to Rs 1,232 per sq.ft in the 2024 revision. The register has no figure for this street in 2002, 2003, and 2007.

From the 2012 revision to the 2017 revision, there was a decline of 33%. However, from 2017 to 2023, the value increased by 49%, and from 2023 to 2024, it rose by 12%. Overall, from 2012 to 2024, the guideline value has increased by 12%.

Guideline values in Uppilipalayam

In Uppilipalayam, there are 361 streets under the Singanallur SRO, with guideline values ranging from Rs 1,001 to Rs 6,160 per sq.ft. The median guideline value is Rs 1,232 per sq.ft, which is the same as the current value for Bharath nagar (N K Palayam). Below are the guideline values for other streets in Uppilipalayam:

Stamp duty and registration fee for property in Bharath nagar (N K Palayam)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,232 per sq.ft, the total guideline value amounts to Rs 12,32,000. The stamp duty at 7% would be Rs 86,240, and the registration fee at 2% would be Rs 24,640, totaling Rs 1,10,880. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Bharath nagar (N K Palayam)?

The Sub Registrar Office that covers Bharath nagar (N K Palayam) is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Uppilipalayam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency and standardization in real estate transactions.

When buying or selling property, the guideline value is used to calculate stamp duty and registration fees. Buyers must be aware that these fees are based on the higher of the guideline value or the agreed sale price, which can impact the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Bharath nagar (N K Palayam)?

The current guideline value of Bharath nagar (N K Palayam) is Rs 1,232 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,100 per sq.ft in 2012 to Rs 737 per sq.ft in 2017, then increased to Rs 1,100 per sq.ft in 2023, and finally to Rs 1,232 per sq.ft in 2024.

What is the land classification of Bharath nagar (N K Palayam)?

Bharath nagar (N K Palayam) is classified as Residential Class I Type - II.

Where can I find the Sub Registrar Office for Bharath nagar (N K Palayam)?

The Sub Registrar Office for Bharath nagar (N K Palayam) is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.

How is the stamp duty calculated for properties in Bharath nagar (N K Palayam)?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 86,240.