Guideline Value

Corporate

Guideline Value for Bharathi Park Road Cross 1

₹2800/sq.ft.

The guideline value for Bharathi Park Road Cross 1 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 ₹2285 /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 Cross 1

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Bharathi Park Road Cross 1 guideline value

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

How the guideline value of Bharathi Park Road Cross 1 has changed

The guideline value for Bharathi Park Road Cross 1 has seen several revisions over the years. In 2007, the value was Rs 2,285 per sq.ft, which increased to Rs 2,500 per sq.ft in 2012. However, this figure dropped to Rs 1,675 per sq.ft in 2017, marking a decrease of 33%. The value then rose significantly to Rs 2,500 per sq.ft in 2023, and further increased to the current value of Rs 2,800 per sq.ft in 2024, reflecting a 12% rise from the previous year.

Notably, the register has no figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 23%.

Guideline values in Sanganur.

In Sanganur., the guideline values vary across different streets. The 2024 figures 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 Cross 1's current guideline value is above this median.

Stamp duty and registration fee for property in Bharathi Park Road Cross 1

For a 1,000 sq.ft plot at the current guideline value of Rs 2,800 per sq.ft, the total guideline value amounts to Rs 28,00,000. The stamp duty at 7% would be Rs 1,96,000, and the registration fee at 2% would be Rs 56,000, totaling Rs 2,52,000. It is important to 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 information.

Which Sub Registrar Office covers Bharathi Park Road Cross 1?

The Sub Registrar Office that covers Bharathi Park Road Cross 1 is the Gandhipuram Sub Registrar Office, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor when buying or selling property in Sanganur. It is used to determine the stamp duty and registration fees, which are mandatory during property transactions. Buyers should be aware that these fees are calculated based on the guideline value or the sale price, whichever is higher.

When registering a property, the guideline value ensures that the transaction is recorded at a fair value as determined by the local authorities. This process helps maintain transparency and accountability in real estate transactions.

Frequently asked questions

What is the current guideline value of Bharathi Park Road Cross 1?

The current guideline value of Bharathi Park Road Cross 1 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 2,285 per sq.ft in 2007 to Rs 2,800 per sq.ft in 2024, with several revisions in between, including a drop to Rs 1,675 per sq.ft in 2017 and an increase to Rs 2,500 per sq.ft in 2023.

What is the land classification for Bharathi Park Road Cross 1?

Bharathi Park Road Cross 1 is classified as Residential Special Type - II, which indicates its suitability for residential development.

What are the stamp duty and registration fees for a property here?

The stamp duty is 7% and the registration fee is 2% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot, the total fees would amount to Rs 2,52,000.

Which office handles registrations for this property?

The Gandhipuram Sub Registrar Office handles registrations for Bharathi Park Road Cross 1. It is located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.