Guideline Value for Bharathi Park Road Cross 4

Bharathi Park Road Cross 4 guideline value

The current guideline value of Bharathi Park Road Cross 4 is Rs 2,800 per sq.ft. This street 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 4 has changed

The guideline value for Bharathi Park Road Cross 4 has seen several revisions over the years. In 2007, the value was Rs 1,260 per sq.ft, which increased to Rs 2,500 per sq.ft in 2012. However, it then decreased to Rs 1,675 per sq.ft in 2017. The value saw a significant rise to Rs 2,500 per sq.ft in 2023, and the latest revision for 2024 sets the value at Rs 2,800 per sq.ft, reflecting a 12% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 122%. The register has no figure 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, with a median value of Rs 1,120 per sq.ft. The guideline value of Bharathi Park Road Cross 4 is above this median.

• Bharathi Park Road Cross 3: Rs 2,800 per sq.ft (2024)
• Bharathi Park Road Cross 5: Rs 2,800 per sq.ft (2024)
• Bharathi Park Road Cross 2: Rs 2,800 per sq.ft (2024)
• Bharathi Park Road Cross 6: Rs 2,800 per sq.ft (2024)
• Bharathi Park Road Cross 1: Rs 2,800 per sq.ft (2024)
• Bharathi Park Road Cross 7: Rs 2,240 per sq.ft (2024)

Stamp duty and registration fee for property in Bharathi Park Road Cross 4

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, totaling 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 information.

Which Sub Registrar Office covers Bharathi Park Road Cross 4?

The Bharathi Park Road Cross 4 falls under 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 registering a property in Sanganur. It determines the minimum value at which a property can be registered and affects the stamp duty and registration fees payable at the time of the transaction.

When buying or selling property, it is essential to consider the guideline value as it ensures compliance with legal requirements and helps in determining the financial obligations associated with the transaction.

Frequently asked questions

What is the current guideline value of Bharathi Park Road Cross 4?

The current guideline value of Bharathi Park Road Cross 4 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, reflecting an overall increase of 122% over the years.

What are the stamp duty and registration fees for properties in Bharathi Park Road Cross 4?

For a property valued at Rs 28,00,000, the total 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 property registrations for Bharathi Park Road Cross 4?

The Gandhipuram Sub Registrar Office handles property registrations for Bharathi Park Road Cross 4, located at Kalapatti Road, near Saravanampatti Police Station.

What is the land classification for Bharathi Park Road Cross 4?

Bharathi Park Road Cross 4 is classified as Residential Special Type - II according to the guideline value register.