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Guideline Value

Corporate

Guideline Value for Bharathiyar Nagar Ist Street

₹705/sq.ft.

The guideline value for Bharathiyar Nagar Ist 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 Ist Street

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Bharathiyar Nagar Ist Street guideline value

The current guideline value for Bharathiyar Nagar Ist 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 Ist Street has changed

The guideline value for Bharathiyar Nagar Ist Street has undergone several revisions over the years. The earliest recorded figure is from 2007, where the value was Rs 495 per sq.ft. This increased to Rs 700 per sq.ft in 2012, marking a 41% rise. However, from 2012 to 2017, the value decreased to Rs 469 per sq.ft, reflecting a decline of 33%. The value then saw a significant increase to Rs 700 per sq.ft in 2023, followed by a slight rise to Rs 705 per sq.ft in the 2024 revision, which is a 1% increase.

From 2017 to 2023, the value increased by 49%. Overall, from 2007 to 2024, the guideline value has risen 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 for Bharathiyar Nagar Ist Street is below this median.

Stamp duty and registration fee for property in Bharathiyar Nagar Ist Street

For a 1,000 sq.ft plot at the current guideline value of Rs 705 per sq.ft, the total guideline value would be Rs 7,05,000. The stamp duty at 7% would amount to Rs 49,350, and the registration fee at 2% would be Rs 14,100, bringing the total cost to Rs 63,450. It is important to note that 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 Bharathiyar Nagar Ist Street?

The Bharathiyar Nagar Ist 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 the registration process of property transactions in Ward - O. It determines the minimum value at which a property can be registered and is used to calculate the stamp duty and registration fees that buyers must pay.

When buying or selling property, the guideline value ensures that the transaction is recorded accurately in official documents. It serves as a reference point for both buyers and sellers, helping to maintain transparency in property dealings.

Frequently asked questions

What is the current guideline value for Bharathiyar Nagar Ist Street?

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

How has the guideline value changed over the years?

The guideline value has changed from Rs 495 per sq.ft in 2007 to Rs 705 per sq.ft in 2024, reflecting an overall increase of 42% over the years.

What is the registration office for Bharathiyar Nagar Ist Street?

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

What are the stamp duty and registration fees for a property in Bharathiyar Nagar Ist Street?

For a property valued at Rs 7,05,000, the stamp duty would be Rs 49,350, and the registration fee would be Rs 14,100, totaling Rs 63,450.

How is the guideline value determined for properties in Ward - O?

The guideline value is determined by the Registration Department and is based on various factors, including land classification and previous revision figures. It serves as a reference for property transactions in the area.