Guideline Value

Corporate

Guideline Value for Bharathi Park Road Cross 5

₹2800/sq.ft.

The guideline value for Bharathi Park Road Cross 5 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 ₹900 /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 5

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Bharathi Park Road Cross 5 guideline value

The current guideline value of Bharathi Park Road Cross 5 is Rs 2,800 per sq.ft, effective from 1 July 2024. 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 5 has changed

The guideline value for Bharathi Park Road Cross 5 has undergone several revisions over the years. In 2007, the value was set at Rs 900 per sq.ft, which increased significantly to Rs 2,500 per sq.ft in 2012. However, it then decreased to Rs 1,675 per sq.ft in 2017. The value rose sharply to Rs 2,500 per sq.ft in 2023, and the most recent revision in 2024 has set the value at Rs 2,800 per sq.ft. The changes from 2017 to 2023 saw an increase of 49%, while the jump from 2023 to 2024 is noted at 12%.

It is important to note that there are no figures available for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 211%.

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 5, at Rs 2,800 per sq.ft, is above this median.

Stamp duty and registration fee for property in Bharathi Park Road Cross 5

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. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Bharathi Park Road Cross 5?

The Sub Registrar Office that covers Bharathi Park Road Cross 5 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 the registration process of property transactions in Sanganur. It is the value set by the government for the purpose of calculating stamp duty and registration fees, ensuring a standardized approach to property transactions.

When buying or selling property, the guideline value is used to determine the applicable fees. Buyers should be aware that the stamp duty and registration fees are calculated based on the higher of the guideline value or the sale price, which can significantly impact the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Bharathi Park Road Cross 5?

The current guideline value of Bharathi Park Road Cross 5 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 900 per sq.ft in 2007 to Rs 2,800 per sq.ft in 2024, showing an overall increase of 211% over the years.

What are the stamp duty and registration fees for property in Bharathi Park Road Cross 5?

For a 1,000 sq.ft plot, the total guideline value is Rs 28,00,000. The stamp duty at 7% is Rs 1,96,000, and the registration fee at 2% is Rs 56,000, totaling Rs 2,52,000.

Which Sub Registrar Office is responsible for Bharathi Park Road Cross 5?

The Gandhipuram Sub Registrar Office is responsible for Bharathi Park Road Cross 5, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

What is the land classification for Bharathi Park Road Cross 5?

Bharathi Park Road Cross 5 is classified as Residential Special Type - II, indicating its designated use within the area.