Guideline Value

Corporate

Guideline Value for Bharathi Nagar - 8

₹440/sq.ft.

The guideline value for Bharathi Nagar - 8 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 - 8

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Bharathi Nagar - 8 guideline value

The current guideline value for Bharathi Nagar - 8 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 - 8 has changed

The guideline value for Bharathi Nagar - 8 has seen several revisions over the years. The 2012 revision set the value at Rs 400 per sq.ft, which was then reduced to Rs 268 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 400 per sq.ft in the 2023 revision, and finally, it rose to Rs 440 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

From 2017 to 2023, the value increased by 49%. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

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 current guideline value of Bharathi Nagar - 8.

Stamp duty and registration fee for property in Bharathi Nagar - 8

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 cost for these fees to 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 - 8?

The Sub Registrar Office that covers Bharathi Nagar - 8 is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020. 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 serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the state receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value is compared to the sale price. The higher of the two values is used to calculate the applicable stamp duty and registration fees, ensuring that the transaction is conducted in accordance with legal requirements.

Frequently asked questions

What is the current guideline value of Bharathi Nagar - 8?

The current guideline value of Bharathi Nagar - 8 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 - 8?

Bharathi Nagar - 8 is classified as Residential Class I Type - II.

Where can I find the registration office for Bharathi Nagar - 8?

The registration office for Bharathi Nagar - 8 is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

How is the stamp duty calculated for properties in Bharathi Nagar - 8?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 4,40,000 would incur a stamp duty of Rs 30,800 at 7%.