Guideline Value for Bharathi Nagar - 4

Bharathi Nagar - 4 guideline value

The current guideline value of Bharathi Nagar - 4 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 - 4 has changed

The guideline value for Bharathi Nagar - 4 has undergone several revisions over the years. In 2012, the value was Rs 400 per sq.ft, which then decreased to Rs 268 per sq.ft in 2017. Following this, the value increased significantly to Rs 400 per sq.ft in 2023 and further rose to Rs 440 per sq.ft in 2024, marking a 10% increase from the previous year. The register has no figures for this street in 2002, 2003, and 2007.

From 2012 to 2017, there was a decrease of 33%, but from 2017 to 2023, the value increased by 49%. Overall, from 2012 to 2024, the guideline value has increased by 10%, reaching the current rate of Rs 440 per sq.ft.

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. The median value is Rs 440 per sq.ft, which is equal to the guideline value of Bharathi Nagar - 4.

• Bharathi Nagar - 5: Rs 440 per sq.ft (2024)
• Bharathi Nagar - 3: Rs 440 per sq.ft (2024)
• Bharathi Nagar - 6: Rs 440 per sq.ft (2024)
• Bharathi Nagar - 2: Rs 440 per sq.ft (2024)
• Bharathi Nagar - 7: Rs 440 per sq.ft (2024)
• Bharathi Nagar - 8: Rs 440 per sq.ft (2024)

Stamp duty and registration fee for property in Bharathi Nagar - 4

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 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 - 4?

The Sub Registrar Office that covers Bharathi Nagar - 4 is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore - 641020, within the Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor during the registration of property transactions in Perianaickenpalayam. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When a property is registered, the guideline value is used to calculate the applicable duties, ensuring that the transaction is compliant with local regulations. Buyers and sellers should be aware of the guideline value to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value of Bharathi Nagar - 4?

The current guideline value of Bharathi Nagar - 4 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 2012 to Rs 268 per sq.ft in 2017, then to Rs 400 per sq.ft in 2023, and finally to Rs 440 per sq.ft in 2024.

What is the land classification for Bharathi Nagar - 4?

Bharathi Nagar - 4 is classified as Residential Class I Type - II.

Where can I find the Sub Registrar Office for Bharathi Nagar - 4?

The Sub Registrar Office for Bharathi Nagar - 4 is located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore - 641020.

How is stamp duty calculated for properties in Bharathi Nagar - 4?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 440 per sq.ft has a guideline value of Rs 4,40,000, which results in a stamp duty of Rs 30,800.