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Guideline Value

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Guideline Value for Bharathi nagar ( N K palayam)

₹1232/sq.ft.

The guideline value for Bharathi Nagar ( N K Palayam) in Uppilipalayam village (Singanallur SRO, Coimbatore zone) is Rs 1232 per sq.ft, effective 1 July 2024. It was Rs 1100 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Uppilipalayam

Village

Singanallur

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹1232 /sq.ft.
From 1-4-2023 ₹1100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹737 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹875 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹230 /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)

Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111
0422-2579455
[email protected]

DRO (District Registrar Office)

District Registrar Office Coimbatore (south), Fifth Floor, Singapore Plaza, Crosscut Road, Gandhipuram, Coimbatore 641012.
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[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 Nagar ( N K Palayam)

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Bharathi nagar ( N K palayam) guideline value

The current guideline value of Bharathi nagar ( N K palayam) is Rs 1,232 per sq.ft, effective from 1 July 2024. This area is located in Uppilipalayam village under the Singanallur SRO and is classified as Residential Class I Type - II.

How the guideline value of Bharathi nagar ( N K palayam) has changed

The guideline value of Bharathi nagar ( N K palayam) has undergone several revisions over the years. In 2007, the value was Rs 230 per sq.ft, which increased significantly to Rs 875 per sq.ft in 2012. However, it then decreased to Rs 737 per sq.ft in 2017. The value rose to Rs 1,100 per sq.ft in 2023, and the latest revision in 2024 sets it at Rs 1,232 per sq.ft. The register has no figures for the years 2002 and 2003 for this street.

From 2007 to 2012, the guideline value increased by 280%. However, it fell by 16% from 2012 to 2017. The value then saw a substantial rise of 49% from 2017 to 2023, followed by a 12% increase from 2023 to 2024. Overall, from 2007 to 2024, the guideline value has increased by 436%.

Guideline values in Uppilipalayam

In Uppilipalayam, there are 361 streets under the Singanallur SRO that carry a 2024 guideline value ranging from Rs 1,001 to Rs 6,160 per sq.ft, with a median value of Rs 1,232 per sq.ft. Bharathi nagar ( N K palayam) aligns with this median value.

Stamp duty and registration fee for property in Bharathi nagar ( N K palayam)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,232 per sq.ft, the total guideline value would be Rs 12,32,000. The stamp duty at 7% would amount to Rs 86,240, and the registration fee at 2% would be Rs 24,640, bringing the total to Rs 1,10,880. Duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Bharathi nagar ( N K palayam)?

The Sub Registrar Office that covers Bharathi nagar ( N K palayam) is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Uppilipalayam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duty and registration fees.

When buying or selling property, the guideline value is assessed during the registration process. If the sale price of the property is higher than the guideline value, the stamp duty and registration fees are calculated based on the sale price instead.

Frequently asked questions

What is the current guideline value of Bharathi nagar ( N K palayam)?

The current guideline value of Bharathi nagar ( N K palayam) is Rs 1,232 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 230 per sq.ft in 2007 to Rs 1,232 per sq.ft in 2024, showing an overall increase of 436% over the years.

What are the other streets in Uppilipalayam and their guideline values?

Other streets in Uppilipalayam include Bharathi Nagar Kamaraj Road at Rs 1,680 per sq.ft, Bharathi Puram at Rs 1,120 per sq.ft, Bharathi road at Rs 1,232 per sq.ft, Bharathi nagar at Rs 1,456 per sq.ft, Bharathidasan Nagar at Rs 1,120 per sq.ft, and Bethal nagar at Rs 1,120 per sq.ft.

What is the stamp duty rate for property transactions in Bharathi nagar ( N K palayam)?

The stamp duty rate for property transactions in Bharathi nagar ( N K palayam) is 7% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Bharathi nagar ( N K palayam)?

The Sub Registrar Office for Bharathi nagar ( N K palayam) is located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone.