Guideline Value

Corporate

Guideline Value for Bharathi Park Road 2

₹2800/sq.ft.

The guideline value for Bharathi Park Road 2 in Sanganur. village (Gandhipuram SRO, Coimbatore zone) is Rs 2800 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Sanganur.

Village

Gandhipuram

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹2800 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1260 /sq.ft.
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)

Sro Gandhipuram,kalapatti Road,near Saravanampatti Poilce Station,saravanampatti-641035
0422-2666669
[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 Park Road 2

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Bharathi Park Road 2 guideline value

The current guideline value of Bharathi Park Road 2 in Sanganur. is Rs 2,800 per sq.ft, effective from 1 July 2024. This property falls under the Gandhipuram SRO and is classified as Residential Special Type - II.

How the guideline value of Bharathi Park Road 2 has changed

The guideline value for Bharathi Park Road 2 has seen several revisions over the years. In 2007, the guideline value was Rs 1,260 per sq.ft, which increased to Rs 2,500 per sq.ft in 2012. However, it dropped to Rs 1,675 per sq.ft in 2017, before rising significantly to Rs 2,500 per sq.ft in 2023, and finally reaching Rs 2,800 per sq.ft in 2024. The change from 2023 to 2024 represents a 12% increase, while the increase from 2017 to 2023 was 49%. Overall, from 2007 to 2024, the guideline value has increased by 122%.

The register has no figures for the years 2002 and 2003 for this street. The changes in guideline value reflect the fluctuations in property assessments over the years.

Guideline values in Sanganur.

In Sanganur., the guideline values for the 394 streets under the Gandhipuram SRO range from Rs 1,100 to Rs 10,080 per sq.ft, with a median value of Rs 1,120 per sq.ft. Bharathi Park Road 2's 2024 figure of Rs 2,800 per sq.ft is above the median.

Stamp duty and registration fee for property in Bharathi Park Road 2

For a 1,000 sq.ft plot at the current guideline value of Rs 2,800 per sq.ft, the total guideline value would be Rs 28,00,000. The stamp duty at 7% would amount to Rs 1,96,000, and the registration fee at 2% would be Rs 56,000, bringing the total to Rs 2,52,000. Please note that the duty is charged on the higher of the guideline value and the sale price. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Bharathi Park Road 2?

The Sub Registrar Office that covers Bharathi Park Road 2 is the Gandhipuram Sub Registrar Office, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Sanganur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the buyer must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Bharathi Park Road 2?

The current guideline value of Bharathi Park Road 2 is Rs 2,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,260 per sq.ft in 2007 to Rs 2,800 per sq.ft in 2024, marking an overall increase of 122% over the years.

What is the land classification for Bharathi Park Road 2?

Bharathi Park Road 2 is classified as Residential Special Type - II under the current guidelines.

Where can I find the Sub Registrar Office for Bharathi Park Road 2?

The Sub Registrar Office for Bharathi Park Road 2 is the Gandhipuram Sub Registrar Office, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

How is the stamp duty calculated for properties in Sanganur?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property with a guideline value of Rs 28,00,000 would incur a stamp duty of Rs 1,96,000 at a rate of 7%.