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Guideline Value

Corporate

Guideline Value for Bharathiyar Nagar 4th Street

₹705/sq.ft.

The guideline value for Bharathiyar Nagar 4th Street in Ward - O village (Tiruppur Joint Ii SRO, Coimbatore zone) is Rs 705 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 1% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - O

Village

Tiruppur Joint II

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹705 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹700 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹495 /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)

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 Bharathiyar Nagar 4th Street

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Bharathiyar Nagar 4th Street guideline value

The current guideline value of Bharathiyar Nagar 4th Street is Rs 705 per sq.ft, effective from 1 July 2024. This street is located in Ward - O village, under the Tiruppur Joint II SRO, and is classified as Residential Class I Type - I.

How the guideline value of Bharathiyar Nagar 4th Street has changed

In the 2017 revision, the guideline value was Rs 469 per sq.ft. This figure increased to Rs 700 per sq.ft in the 2023 revision, marking a significant rise of 49%. The value then saw a slight increase to Rs 705 per sq.ft in the 2024 revision, which is an increase of 1% from the previous year.

Prior to the 2017 revision, the guideline value was Rs 700 per sq.ft in 2012, which represented a decrease of 33% from Rs 495 per sq.ft in 2007. Overall, from 2007 to 2024, the guideline value has increased by 42%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Ward - O

In Ward - O, there are 177 streets under the Tiruppur Joint II SRO that carry a 2024 guideline value ranging from Rs 701 to Rs 4,400 per sq.ft, with a median value of Rs 880 per sq.ft. The guideline value of Bharathiyar Nagar 4th Street is below this median.

Stamp duty and registration fee for property in Bharathiyar Nagar 4th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 705 per sq.ft, the total guideline value amounts to Rs 7,05,000. The stamp duty at 7% would be Rs 49,350, and the registration fee at 2% would be Rs 14,100, making the total cost for these fees Rs 63,450. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Bharathiyar Nagar 4th Street?

The Bharathiyar Nagar 4th Street falls under the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward - O

The guideline value is a crucial factor in property transactions in Ward - O, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to calculate stamp duty and registration fees, which are mandatory for the legal transfer of property ownership.

It is essential for buyers and sellers to be aware of the current guideline value to ensure compliance with registration requirements and to avoid any legal issues during the transaction process. Understanding the guideline value helps in making informed decisions during property dealings.

Frequently asked questions

What is the current guideline value of Bharathiyar Nagar 4th Street?

The current guideline value of Bharathiyar Nagar 4th Street is Rs 705 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Over the years, the guideline value has seen several revisions, increasing from Rs 469 per sq.ft in 2017 to Rs 700 per sq.ft in 2023, and then to Rs 705 per sq.ft in 2024. The overall increase from 2007 to 2024 is 42%.

What is the land classification for Bharathiyar Nagar 4th Street?

Bharathiyar Nagar 4th Street is classified as Residential Class I Type - I, indicating its suitability for residential purposes.

What are the stamp duty and registration fees for properties in this area?

The stamp duty is calculated at 7% of the guideline value, while the registration fee is charged at 2%. For a property valued at Rs 7,05,000, the total fees would amount to Rs 63,450.

Where can I find the Sub Registrar Office for Bharathiyar Nagar 4th Street?

The Sub Registrar Office covering Bharathiyar Nagar 4th Street is the Tiruppur Joint II SRO, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.