Guideline Value

Corporate

Guideline Value for Bharathithasan Nagar

₹708/sq.ft.

The guideline value for Bharathithasan Nagar in Mannarai village (Tiruppur Joint Ii SRO, Coimbatore zone) is Rs 708 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Mannarai

Village

Tiruppur Joint II

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹708 /sq.ft.
From 1-4-2023 ₹708 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹234 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹350 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
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)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960035
[email protected]

DRO (District Registrar Office)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960044
[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Bharathithasan Nagar

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Bharathithasan Nagar guideline value

The current guideline value of Bharathithasan Nagar is Rs 708 per sq.ft. This area is located in Mannarai village, under the Tiruppur Joint II SRO, classified as Residential Class II Type - I.

How the guideline value of Bharathithasan Nagar has changed

The guideline value for Bharathithasan Nagar has seen several revisions over the years. The earliest recorded value was Rs 350 per sq.ft in 2012, which then decreased to Rs 234 per sq.ft in 2017. Following this, the value increased significantly to Rs 708 per sq.ft in 2023 and remained the same in the 2024 revision, reflecting a 203% increase from 2017 to 2023.

There are no recorded figures for the years 2002, 2003, and 2007 for this street. The guideline value remained at Rs 708 per sq.ft from the 2023 revision to the 2024 revision, indicating stability in the current valuation. Overall, from 2012 to 2024, the guideline value has increased by 102%.

Guideline values in Mannarai

Mannarai village has a range of guideline values across its 90 streets, with the 2024 figures ranging from Rs 700 to Rs 2,200 per sq.ft. The median value is Rs 708 per sq.ft, which aligns with the guideline value of Bharathithasan Nagar.

Stamp duty and registration fee for property in Bharathithasan Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 708 per sq.ft, the total guideline value would be Rs 7,08,000. The stamp duty at 7% would amount to Rs 49,560, and the registration fee at 2% would be Rs 14,160, bringing the total cost for these fees to Rs 63,720. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Bharathithasan Nagar?

The Sub Registrar Office covering Bharathithasan Nagar is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, in the Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Mannarai. It serves as the basis for calculating stamp duty and registration fees, which are mandatory when buying or selling property.

When a property is sold, the sale price or the guideline value, whichever is higher, is used to determine the applicable duties and fees. 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 Bharathithasan Nagar?

The current guideline value of Bharathithasan Nagar is Rs 708 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 350 per sq.ft in 2012 to Rs 234 per sq.ft in 2017, then increased to Rs 708 per sq.ft in 2023, remaining the same in 2024, marking a 102% increase from 2012 to 2024.

What are the stamp duty and registration fees for property in Bharathithasan Nagar?

For a 1,000 sq.ft plot, the total guideline value is Rs 7,08,000. The stamp duty at 7% is Rs 49,560, and the registration fee at 2% is Rs 14,160, totaling Rs 63,720 for these fees.

Which office handles the registration for Bharathithasan Nagar?

The Tiruppur Joint II Sub Registrar Office handles the registration for Bharathithasan Nagar, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.

How does the guideline value affect property transactions?

The guideline value is used to calculate the stamp duty and registration fees during property transactions. It is the higher of the guideline value or the sale price that determines the applicable duties and fees.