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Guideline Value

Corporate

Guideline Value for Bharathiar Road (Womens Polytechnic toGandipuram Signal )

₹6720/sq.ft.

The guideline value for Bharathiar Road (womens Polytechnic Togandipuram Signal ) in Ganapathyward11 village (Ganapathy SRO, Coimbatore zone) is Rs 6720 per sq.ft, effective 1 July 2024. It was Rs 6000 per sq.ft from 1 April 2023, a 12% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ganapathyward11

Village

Ganapathy

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹6720 /sq.ft.
From 1-4-2023 ₹6000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹4020 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹6000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2500 /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)

Sankaralinganar Road, Maniyakaranpalayam , Ganapathy, Coimbatore. 641006.
0422-2539950
[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 Bharathiar Road (womens Polytechnic Togandipuram Signal )

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Bharathiar Road (Womens Polytechnic toGandipuram Signal ) guideline value

The current guideline value of Bharathiar Road (Womens Polytechnic toGandipuram Signal ) is Rs 6,720 per sq.ft, effective from 1 July 2024. This street is located in Ganapathyward11 village and falls under the Ganapathy Sub Registrar Office (SRO). The land classification for this area is Commercial Class I Type - I.

How the guideline value of Bharathiar Road (Womens Polytechnic toGandipuram Signal ) has changed

The guideline value for Bharathiar Road has seen several revisions over the years. The earliest recorded figure is from 2007, which was Rs 2,500 per sq.ft. This increased significantly to Rs 6,000 per sq.ft in 2012, marking a 140% rise. However, from 2012 to 2017, the value decreased to Rs 4,020 per sq.ft, representing a 33% drop. The value then increased to Rs 6,000 per sq.ft in 2023, a 49% increase, and finally rose to Rs 6,720 per sq.ft in the 2024 revision, reflecting a 12% increase.

It is important to note that there are no recorded figures for this street in the years 2002 and 2003. Overall, from 2007 to 2024, the guideline value has increased by 169%.

Guideline values in Ganapathyward11

In Ganapathyward11, there are 104 streets under the Ganapathy SRO, with 2024 guideline values ranging from Rs 1,120 to Rs 10,080 per sq.ft. The median value for these streets is Rs 2,240 per sq.ft, placing Bharathiar Road's 2024 figure above this median.

Stamp duty and registration fee for property in Bharathiar Road (Womens Polytechnic toGandipuram Signal )

For a 1,000 sq.ft plot at the current guideline value of Rs 6,720 per sq.ft, the total guideline value amounts to Rs 67,20,000. The stamp duty at 7% would be Rs 4,70,400, and the registration fee at 2% would be Rs 1,34,400, bringing the total costs together to Rs 6,04,800. It is essential 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 detailed calculations.

Which Sub Registrar Office covers Bharathiar Road (Womens Polytechnic toGandipuram Signal )?

The Sub Registrar Office that covers Bharathiar Road is the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ganapathyward11

The guideline value plays a crucial role in property transactions in Ganapathyward11. It serves as a benchmark for determining the minimum price at which a property can be registered. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, ensuring that all transactions are conducted fairly and transparently.

During the registration process, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Bharathiar Road?

The current guideline value of Bharathiar Road (Womens Polytechnic toGandipuram Signal ) is Rs 6,720 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 2,500 per sq.ft in 2007 to Rs 6,720 per sq.ft in 2024, reflecting an overall increase of 169% over the years.

What is the land classification for Bharathiar Road?

Bharathiar Road is classified as Commercial Class I Type - I, indicating its suitability for commercial activities.

Where can I find the Ganapathy Sub Registrar Office?

The Ganapathy Sub Registrar Office is located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006.

How is stamp duty calculated for properties in Bharathiar Road?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a property with a guideline value of Rs 67,20,000 would incur a stamp duty of Rs 4,70,400 at the rate of 7%.