Guideline Value for Bharathi Nagar Kamaraj Road

Bharathi Nagar Kamaraj Road guideline value

The current guideline value of Bharathi Nagar Kamaraj Road is Rs 1,680 per sq.ft, effective from 1 July 2024. This road is located in Uppilipalayam village under the Singanallur SRO, classified as Residential Special Type - III.

How the guideline value of Bharathi Nagar Kamaraj Road has changed

The guideline value for Bharathi Nagar Kamaraj Road has undergone several revisions over the years. In 2012, the guideline value was Rs 1,500 per sq.ft, which then decreased to Rs 1,005 per sq.ft in 2017. Following this, the value increased to Rs 1,500 per sq.ft in 2023, and finally, it has been revised to Rs 1,680 per sq.ft in 2024, marking a 12% increase from the previous year.

When looking at the changes between the revisions, the value increased by 49% from 2017 to 2023, while it saw a decrease of 33% from 2012 to 2017. Overall, from 2012 to 2024, the guideline value has increased by 12%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Uppilipalayam

In Uppilipalayam, there are 361 streets under the Singanallur SRO, with guideline values ranging from Rs 1,001 to Rs 6,160 per sq.ft. The median guideline value is Rs 1,232 per sq.ft, and the guideline value for Bharathi Nagar Kamaraj Road is above this median.

• Bharathi nagar ( N K palayam): Rs 1,232 per sq.ft (2024)
• Bharathi Puram: Rs 1,120 per sq.ft (2024)
• Bharathi road: Rs 1,232 per sq.ft (2024)
• Bharathi nagar: Rs 1,456 per sq.ft (2024)
• Bharathidasan Nagar: Rs 1,120 per sq.ft (2024)
• Bethal nagar: Rs 1,120 per sq.ft (2024)

Stamp duty and registration fee for property in Bharathi Nagar Kamaraj Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,680 per sq.ft, the total guideline value would be Rs 16,80,000. The stamp duty at 7% would be Rs 1,17,600, and the registration fee at 2% would be Rs 33,600, bringing the total to Rs 1,51,200. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Bharathi Nagar Kamaraj Road?

The Sub Registrar Office covering Bharathi Nagar Kamaraj Road is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during property transactions in Uppilipalayam. It serves as a benchmark for determining the minimum value of a property, which is necessary for calculating stamp duty and registration fees at the time of sale.

When buying or selling a property, the guideline value ensures that the transaction is registered at a fair value, which helps in maintaining transparency in property dealings. Buyers and sellers alike must consider the guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Bharathi Nagar Kamaraj Road?

The current guideline value of Bharathi Nagar Kamaraj Road is Rs 1,680 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,005 per sq.ft in 2017, then to Rs 1,500 per sq.ft in 2023, and finally to Rs 1,680 per sq.ft in 2024.

What is the land classification of Bharathi Nagar Kamaraj Road?

The land classification for Bharathi Nagar Kamaraj Road is Residential Special Type - III.

What are the stamp duty and registration fees for properties in this area?

The stamp duty is calculated at 7% of the guideline value, and the registration fee is 2%. For example, for a property valued at Rs 16,80,000, the total fees would amount to Rs 1,51,200.

Which office handles registrations for Bharathi Nagar Kamaraj Road?

The Singanallur Sub Registrar Office handles registrations for Bharathi Nagar Kamaraj Road, located at Podanur Main Road, Vellalur, Coimbatore.