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Guideline Value

Corporate

Guideline Value for Bharathi Park Road Cross 3

₹2800/sq.ft.

The guideline value for Bharathi Park Road Cross 3 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 ₹1500 /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 3

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Bharathi Park Road Cross 3 guideline value

The current guideline value of Bharathi Park Road Cross 3 is Rs 2,800 per sq.ft. This property is located in Sanganur, under the Gandhipuram SRO, and is classified as Residential Special Type - II.

How the guideline value of Bharathi Park Road Cross 3 has changed

The guideline value for Bharathi Park Road Cross 3 has seen several revisions over the years. The 2007 revision set the value at Rs 1,500 per sq.ft, which increased to Rs 2,500 per sq.ft in 2012. However, there was a significant decrease to Rs 1,675 per sq.ft in 2017. The value then rose sharply to Rs 2,500 per sq.ft in 2023, and most recently, it has increased to Rs 2,800 per sq.ft from July 1, 2024. The changes from 2017 to 2023 saw a rise of 49%, and from 2023 to 2024, there was a further increase of 12%.

The register has no figure for Bharathi Park Road Cross 3 for the years 2002 and 2003. Overall, from 2007 to 2024, the guideline value has increased by 87%.

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, with a median value of Rs 1,120 per sq.ft. Bharathi Park Road Cross 3's 2024 figure of Rs 2,800 per sq.ft is above this median.

Stamp duty and registration fee for property in Bharathi Park Road Cross 3

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. The duty is charged on the higher of the guideline value and 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 3?

The Sub Registrar Office that covers Bharathi Park Road Cross 3 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 is a critical factor in the registration process when buying or selling property in Sanganur. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that transactions are recorded accurately within the legal framework.

When a property is sold, the guideline value helps determine the official value of the property, which is essential for taxation purposes. Buyers and sellers should be aware of the current guideline value to ensure compliance with local regulations during the transaction.

Frequently asked questions

What is the current guideline value of Bharathi Park Road Cross 3?

The current guideline value of Bharathi Park Road Cross 3 is Rs 2,800 per sq.ft, effective from July 1, 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2007 to Rs 2,800 per sq.ft in 2024, showing an overall increase of 87% over the years.

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

For a property valued at Rs 28,00,000, the stamp duty would be Rs 1,96,000 and the registration fee would be Rs 56,000, totaling Rs 2,52,000.

Which office handles the registration for Bharathi Park Road Cross 3?

The Gandhipuram Sub Registrar Office handles the registration for Bharathi Park Road Cross 3, located near Saravanampatti Police Station.

What is the land classification for Bharathi Park Road Cross 3?

The land classification for Bharathi Park Road Cross 3 is Residential Special Type - II, which is significant for determining its usage and value in the real estate market.