Guideline Value

Corporate

Guideline Value for Bharathi Nagar - 5

₹440/sq.ft.

The guideline value for Bharathi Nagar - 5 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 - 5

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Bharathi Nagar - 5 guideline value

The current guideline value of Bharathi Nagar - 5 is Rs 440 per sq.ft, effective from 1 July 2024. This street is located in Perianaickenpalayam village under the Periyanayakkan Palayam SRO, classified as Residential Class I Type - II.

How the guideline value of Bharathi Nagar - 5 has changed

The guideline value for Bharathi Nagar - 5 has seen several revisions over the years. The 2012 revision set the value at Rs 400 per sq.ft, which then decreased to Rs 268 per sq.ft in 2017. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value to Rs 400 per sq.ft. The most recent revision in 2024 raised the value to Rs 440 per sq.ft, marking a 10% increase from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

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 for these streets is Rs 440 per sq.ft, which is equal to the current guideline value for Bharathi Nagar - 5.

Stamp duty and registration fee for property in Bharathi Nagar - 5

For a 1,000 sq.ft plot at the current guideline value of Rs 440 per sq.ft, the total guideline value would be Rs 4,40,000. The stamp duty at 7% would amount to Rs 30,800, while the registration fee at 2% would be Rs 8,800. Together, these fees total Rs 39,600. It is essential to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Bharathi Nagar - 5?

The Sub Registrar Office that covers Bharathi Nagar - 5 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 property transactions in Perianaickenpalayam. It is used to determine the stamp duty and registration fees payable when buying or selling property. Buyers and sellers must be aware of the current guideline value to ensure compliance with legal requirements during the registration process.

When a property is registered, the higher of the guideline value or the sale price is considered for calculating the applicable fees. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Bharathi Nagar - 5?

The current guideline value of Bharathi Nagar - 5 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 - 5?

Bharathi Nagar - 5 is classified as Residential Class I Type - II.

What are the stamp duty and registration fees for property in Bharathi Nagar - 5?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty is Rs 30,800 and the registration fee is Rs 8,800, totaling Rs 39,600.

Where is the Sub Registrar Office for Bharathi Nagar - 5 located?

The Sub Registrar Office for Bharathi Nagar - 5 is located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.