Guideline Value

Corporate

Guideline Value for Bharathi Nagar - 6

₹440/sq.ft.

The guideline value for Bharathi Nagar - 6 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 - 6

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Bharathi Nagar - 6 guideline value

The current guideline value of Bharathi Nagar - 6 is Rs 440 per sq.ft, effective from 1 July 2024. This property is located in Perianaickenpalayam village, under the Periyanayakkan Palayam SRO, and falls under the Residential Class I Type - II land classification.

How the guideline value of Bharathi Nagar - 6 has changed

The guideline value for Bharathi Nagar - 6 has undergone several revisions over the years. The earliest recorded revision was in 2012, where the guideline value was Rs 400 per sq.ft. This value remained unchanged until the 2017 revision, which saw a decrease to Rs 268 per sq.ft. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value up to Rs 400 per sq.ft. The most recent revision in 2024 set the guideline value at Rs 440 per sq.ft, reflecting a 10% increase from the previous year.

It is important to note that there are no recorded figures for the years 2002, 2003, and 2007 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 among these streets is Rs 440 per sq.ft, which is equal to the current guideline value for Bharathi Nagar - 6.

Stamp duty and registration fee for property in Bharathi Nagar - 6

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, bringing the total fees to Rs 39,600. It is important to note that 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 further calculations.

Which Sub Registrar Office covers Bharathi Nagar - 6?

The Sub Registrar Office that covers Bharathi Nagar - 6 is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, 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 when buying or selling property in Perianaickenpalayam, as it determines the minimum value at which a property can be registered. This value is used to calculate the stamp duty and registration fees that buyers must pay during the property transaction process.

When a property is sold, the guideline value serves as a benchmark to ensure that the sale price is not significantly lower than the registered value. This helps maintain transparency and fairness in property transactions within the region.

Frequently asked questions

What is the current guideline value of Bharathi Nagar - 6?

The current guideline value of Bharathi Nagar - 6 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 increased 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 - 6?

Bharathi Nagar - 6 falls under the Residential Class I Type - II land classification.

What are the other streets in Perianaickenpalayam with the same guideline value?

Other streets in Perianaickenpalayam with the same guideline value of Rs 440 per sq.ft include Bharathi Nagar - 5, Bharathi Nagar - 4, Bharathi Nagar - 7, Bharathi Nagar - 8, Bharathi Nagar - 3, and Bharathi Nagar - 9.

Where can I find the Sub Registrar Office for Bharathi Nagar - 6?

The Sub Registrar Office for Bharathi Nagar - 6 is located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, under the Coimbatore registration zone.