Guideline Value for Bharathi Nagar - 1
₹440/sq.ft.
The guideline value for Bharathi Nagar - 1 in Perianaickenpalayam village (Periyanayakkan Palayam SRO, Coimbatore zone) is Rs 440 per sq.ft, effective 1 July 2024. It was Rs 400 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.
Last updated:
Coimbatore
Zone
Perianaickenpalayam
Village
Periyanayakkan Palayam
SRO
Residential Class I Type - II
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹440 /sq.ft. |
| From 1-4-2023 | ₹400 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹268 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹400 /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)
No.171,kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020
0422-2469010
[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 Bharathi Nagar - 1
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Periyanayakkan Palayam sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Bharathi Nagar - 1 guideline value
The current guideline value of Bharathi Nagar - 1 is Rs 440 per sq.ft, effective from 1 July 2024. This property is located in Perianaickenpalayam village under the Periyanayakkan Palayam SRO, classified as Residential Class I Type - II.
How the guideline value of Bharathi Nagar - 1 has changed
The guideline value for Bharathi Nagar - 1 has seen several revisions over the years. The most recent revision in 2024 set the guideline value at Rs 440 per sq.ft, which is an increase from Rs 400 per sq.ft in the 2023 revision, reflecting a change of +10%. Prior to that, the 2017 revision recorded a value of Rs 268 per sq.ft, which means there was a significant increase of +49% from 2017 to 2023. The 2012 revision also had a value of Rs 400 per sq.ft, showing a decrease of -33% from 2012 to 2017. Overall, from 2012 to 2024, the guideline value increased by +10%.
There are no figures available for the revisions in 2002, 2003, and 2007 for this street. The 2012 revision had a value of Rs 400 per sq.ft, which remained unchanged until the 2017 revision.
Guideline values in Perianaickenpalayam
In Perianaickenpalayam, there are 142 streets under the Periyanayakkan Palayam SRO that carry a 2024 guideline value ranging from Rs 220 to Rs 1,670 per sq.ft, with the median value being Rs 440 per sq.ft. The guideline value of Bharathi Nagar - 1 aligns with this median at Rs 440 per sq.ft.
- Bharathi Nagar - 10: Rs 440 per sq.ft (2024)
- Bharathi Nagar - 2: Rs 440 per sq.ft (2024)
- Bharathi Nagar - 3: Rs 440 per sq.ft (2024)
- Bharathi Nagar - 4: Rs 440 per sq.ft (2024)
- Bharathi Nagar - 5: Rs 440 per sq.ft (2024)
- Bharathi Nagar - 6: Rs 440 per sq.ft (2024)
Stamp duty and registration fee for property in Bharathi Nagar - 1
For a 1,000 sq.ft plot at the current guideline value of Rs 440 per sq.ft, the total 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, making the total cost for these fees Rs 39,600. It is important to note that 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 Bharathi Nagar - 1?
The Sub Registrar Office that covers Bharathi Nagar - 1 is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, 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 Perianaickenpalayam
The guideline value is a crucial factor in property transactions in Perianaickenpalayam. It is used to determine the stamp duty and registration fees applicable when registering property transactions. Buyers and sellers must consider this value to ensure compliance with local regulations during the sale process.
When a property is registered, the guideline value serves as a benchmark for calculating the applicable fees. It is essential for both parties to be aware of the current guideline value to avoid any discrepancies during the registration process.
Frequently asked questions
What is the current guideline value of Bharathi Nagar - 1?
The current guideline value of Bharathi Nagar - 1 is Rs 440 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed several times, with the most recent increase being from Rs 400 per sq.ft in 2023 to Rs 440 per sq.ft in 2024. There was also a significant increase from Rs 268 per sq.ft in 2017 to Rs 400 per sq.ft in 2023.
What is the land classification of Bharathi Nagar - 1?
Bharathi Nagar - 1 is classified as Residential Class I Type - II, which is a designation for residential properties in the area.
What are the stamp duty and registration fees for property in Bharathi Nagar - 1?
For a plot of 1,000 sq.ft at the current guideline value, the total stamp duty would be Rs 30,800, and the registration fee would be Rs 8,800, totaling Rs 39,600.
Which office handles registrations for Bharathi Nagar - 1?
The Periyanayakkan Palayam Sub Registrar Office handles registrations for Bharathi Nagar - 1, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.
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