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Guideline Value

Corporate

Guideline Value for Bharathiyar Street (WARD 11)

₹200/sq.ft.

The guideline value for Bharathiyar Street (ward 11) in Sirumugai village (Mettupalayam SRO, Coimbatore zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Sirumugai

Village

Mettupalayam

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹200 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹100 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹150 /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)

271-coimbatore Main, Road, Near Mettupapalayam Bustand . Mettupalayam-641301
04254-292251
[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 Bharathiyar Street (ward 11)

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Bharathiyar Street (WARD 11) guideline value

The current guideline value of Bharathiyar Street (WARD 11) is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Sirumugai village under the Mettupalayam SRO and is classified as Residential Class III Type - I.

How the guideline value of Bharathiyar Street (WARD 11) has changed

The guideline value for Bharathiyar Street (WARD 11) has seen several revisions over the years. In 2012, the guideline value was Rs 150 per sq.ft, which increased to Rs 100 per sq.ft in the 2017 revision. This marked a decrease of 33%. However, from 2017 to 2023, the value rose by 100%, bringing it back to Rs 200 per sq.ft. The 2024 revision maintains this figure at Rs 200 per sq.ft, showing no change from the previous year.

It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 33%.

Guideline values in Sirumugai

In Sirumugai, there are 58 streets under the Mettupalayam SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 1,000 per sq.ft, with a median value of Rs 600 per sq.ft. Bharathiyar Street's 2024 figure is below this median.

Stamp duty and registration fee for property in Bharathiyar Street (WARD 11)

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total fees to Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Bharathiyar Street (WARD 11)?

The Sub Registrar Office that covers Bharathiyar Street (WARD 11) is the Mettupalayam Sub Registrar Office, located at 271-Coimbatore Main Road, Near Mettupapalayam Bustand, Mettupalayam-641301, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Sirumugai. It is used to determine the applicable stamp duty and registration fees, which are calculated based on the guideline value or the sale price, whichever is higher.

When a buyer or seller approaches the Mettupalayam SRO for registration, the guideline value will be referenced to ensure that the correct fees are applied. This helps maintain transparency and compliance with local regulations during property transactions.

Frequently asked questions

What is the current guideline value of Bharathiyar Street (WARD 11)?

The current guideline value of Bharathiyar Street (WARD 11) is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 150 per sq.ft in 2012 to Rs 200 per sq.ft in 2024, with a peak of Rs 200 per sq.ft in both 2023 and 2024. There were decreases and increases in between, including a drop to Rs 100 per sq.ft in 2017.

What are the other streets in Sirumugai with their guideline values?

Other streets in Sirumugai include Anna Street and Ambethkar Nagar, both at Rs 200 per sq.ft, while Anna Nagar (WARD 1) is at Rs 600 per sq.ft. East Street (WARD 2) has a higher rate of Rs 720 per sq.ft.

How are stamp duty and registration fees calculated for properties?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher, while the registration fee is charged at 2% of the guideline value. For example, a 1,000 sq.ft plot at Rs 200 per sq.ft results in total fees of Rs 18,000.

Where can I find the Sub Registrar Office for Bharathiyar Street (WARD 11)?

The Sub Registrar Office for Bharathiyar Street (WARD 11) is the Mettupalayam Sub Registrar Office, located at 271-Coimbatore Main Road, Near Mettupapalayam Bustand, Mettupalayam-641301, Coimbatore registration zone.