Guideline Value for Bharathiyar Street 2

Bharathiyar Street 2 guideline value

The current guideline value of Bharathiyar Street 2 is Rs 1,000 per sq.ft. This street is located in Telgupalayam village and falls under the Coimbatore South Joint 1 SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Bharathiyar Street 2 has changed

According to the guideline value register, the revisions for Bharathiyar Street 2 show no figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 1,000 per sq.ft, which remained unchanged in the 2024 revision, effective from 1 July 2024.

Between the 2023 and 2024 revisions, there was a change of +0%. Both revisions recorded the guideline value at Rs 1,000 per sq.ft, indicating stability in the valuation for this street over the past two years.

Guideline values in Telgupalayam

In Telgupalayam, there are 223 streets under the Coimbatore South Joint 1 SRO with 2024 figures ranging from Rs 1,000 to Rs 4,000 per sq.ft. The median guideline value is Rs 1,002 per sq.ft, placing Bharathiyar Street 2's 2024 figure below that median.

• Bharathiyar Street-1: Rs 1,000 per sq.ft (2024)
• Bharathiyar Street: Rs 1,000 per sq.ft (2024)
• Bharathy Nagar P.N.Pudur: Rs 1,350 per sq.ft (2024)
• Bhuvaneswari Extension: Rs 1,800 per sq.ft (2024)
• Bhuvaneswari Nagar: Rs 1,800 per sq.ft (2024)
• Bharathidasan Theru: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Bharathiyar Street 2

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, making a total of Rs 90,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Bharathiyar Street 2?

Bharathiyar Street 2 is covered by the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001, 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 Telgupalayam

The guideline value is a critical factor when registering property transactions in Telgupalayam. It serves as the basis for calculating the stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property transactions.

When buying or selling property, the guideline value helps determine the minimum value at which a property can be registered. This ensures transparency and standardization in property transactions within the region.

Frequently asked questions

What is the current guideline value of Bharathiyar Street 2?

The current guideline value of Bharathiyar Street 2 is Rs 1,000 per sq.ft, effective from 1 July 2024.

What revisions have occurred for Bharathiyar Street 2?

Bharathiyar Street 2 has had revisions in 2023 and 2024, both showing a guideline value of Rs 1,000 per sq.ft. There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2017.

How does the guideline value compare to other streets in Telgupalayam?

The guideline value of Bharathiyar Street 2 is Rs 1,000 per sq.ft, which is below the median value of Rs 1,002 per sq.ft for the 223 streets in Telgupalayam. Other streets in the area have varying guideline values, with some reaching up to Rs 4,000 per sq.ft.

What are the stamp duty and registration fees for properties in Bharathiyar Street 2?

For a property valued at Rs 10,00,000, the stamp duty would be Rs 70,000 and the registration fee would be Rs 20,000, totaling Rs 90,000. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Bharathiyar Street 2?

The Sub Registrar Office covering Bharathiyar Street 2 is located at No.410a, Raja Street, Coimbatore-641001. You can find more information by visiting the relevant link.