Guideline Value

Corporate

Guideline Value for Bharathi Park Road Cross 2

₹2800/sq.ft.

The guideline value for Bharathi Park Road Cross 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 ₹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 2

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Bharathi Park Road Cross 2 guideline value

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

The guideline value for Bharathi Park Road Cross 2 has undergone several revisions over the years. The earliest recorded revision was in 2007, with a guideline value of Rs 2,285 per sq.ft. This figure changed in 2012 to Rs 2,500 per sq.ft, marking an increase of 9%. However, the value then decreased significantly to Rs 1,675 per sq.ft in 2017, a decline of 33%. The 2023 revision saw a substantial increase to Rs 2,500 per sq.ft, followed by another increase to Rs 2,800 per sq.ft in 2024, reflecting a rise of 12%.

Overall, from the 2007 revision to the current 2024 revision, the guideline value has increased by 23%. It is important to note that the register has no figures for the years 2002 and 2003 for this street.

Guideline values in Sanganur.

In Sanganur., there are 394 streets under the Gandhipuram SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 10,080 per sq.ft. The median guideline value in the area is Rs 1,120 per sq.ft, placing Bharathi Park Road Cross 2's 2024 figure above this median.

Stamp duty and registration fee for property in Bharathi Park Road Cross 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. Together, the total cost for duty and registration would be Rs 2,52,000. It is important to note that the 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 more details.

Which Sub Registrar Office covers Bharathi Park Road Cross 2?

The Sub Registrar Office that covers Bharathi Park Road Cross 2 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 information.

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

The guideline value plays a crucial role in property transactions in Sanganur. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees that need to be paid. This ensures that the transactions are conducted based on a standardized valuation set by the government.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the overall cost of property transactions. Understanding these values can help in making informed decisions during the buying or selling process.

Frequently asked questions

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

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

What is the land classification for Bharathi Park Road Cross 2?

Bharathi Park Road Cross 2 is classified as Residential Special Type - II, indicating its suitability for residential development.

Where can I find the registration office for this area?

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

How is the stamp duty calculated for properties in this area?

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