Guideline Value

Corporate

Guideline Value for Bharathi Nagar - 3

₹440/sq.ft.

The guideline value for Bharathi Nagar - 3 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 - 3

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Bharathi Nagar - 3 guideline value

The current guideline value of Bharathi Nagar - 3 is Rs 440 per sq.ft, effective from 1 July 2024. This property is located in Perianaickenpalayam village, under the Periyanayakkan Palayam SRO, and is classified as Residential Class I Type - II.

How the guideline value of Bharathi Nagar - 3 has changed

The guideline value for Bharathi Nagar - 3 has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 440 per sq.ft, an increase of 10% from Rs 400 per sq.ft in 2023. Prior to that, the value was Rs 268 per sq.ft in 2017, reflecting a significant increase of 49% from the previous revision. The 2012 revision also recorded Rs 400 per sq.ft, marking a decrease of 33% from the 2017 figure. Notably, the register has no figures for the years 2002, 2003, and 2007 for this street.

Overall, from 2012 to 2024, the guideline value has increased by 10%. The fluctuations in the values illustrate the changes over the years, with the current rate aligning with the median of Rs 440 per sq.ft for the 142 streets in Perianaickenpalayam under the Periyanayakkan Palayam SRO.

Guideline values in Perianaickenpalayam

In Perianaickenpalayam, the guideline values range from Rs 220 to Rs 1,670 per sq.ft, with the median being Rs 440 per sq.ft. Bharathi Nagar - 3's 2024 figure matches this median. The following are the guideline values for other streets in Perianaickenpalayam:

Stamp duty and registration fee for property in Bharathi Nagar - 3

For a 1,000 sq.ft plot at the current guideline value of Rs 4,40,000, the stamp duty would be calculated at 7%, amounting to Rs 30,800. Additionally, the registration fee at 2% would be Rs 8,800, bringing the total fees to Rs 39,600. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Bharathi Nagar - 3?

The Sub Registrar Office that covers Bharathi Nagar - 3 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 plays a crucial role in the registration process of property transactions in Perianaickenpalayam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value is essential for both buyers and sellers. Buyers should be aware of the guideline value to ensure they are paying a fair price for the property, while sellers need to understand how it affects the sale price and the associated fees.

Frequently asked questions

What is the current guideline value of Bharathi Nagar - 3?

The current guideline value of Bharathi Nagar - 3 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 from Rs 400 per sq.ft in 2023 to Rs 440 per sq.ft in 2024, an increase of 10%. It was Rs 268 per sq.ft in 2017, which was a 49% increase from the previous revision in 2012, where it was Rs 400 per sq.ft.

What is the land classification for Bharathi Nagar - 3?

Bharathi Nagar - 3 is classified as Residential Class I Type - II, indicating its suitability for residential purposes.

What are the registration fees for property in Bharathi Nagar - 3?

The registration fees include a stamp duty of 7% and a registration fee of 2%. For example, for a 1,000 sq.ft plot valued at Rs 4,40,000, the total fees would be Rs 39,600.

Which office handles the registration for Bharathi Nagar - 3?

The Periyanayakkan Palayam Sub Registrar Office handles the registration for Bharathi Nagar - 3, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.