Guideline Value for Bharathiyar Street-1

Bharathiyar Street-1 guideline value

The current guideline value for Bharathiyar Street-1 is Rs 1,000 per sq.ft. This street is located in Telgupalayam village under the Coimbatore South Joint 1 SRO, classified as Residential Class II Type - I.

How the guideline value of Bharathiyar Street-1 has changed

The guideline value for Bharathiyar Street-1 has remained consistent at Rs 1,000 per sq.ft from the 2023 revision to the 2024 revision, which became effective on 1 July 2024. Prior to these revisions, the register has no figure for this street in the years 2002, 2003, 2007, 2012, and 2017.

In the 2024 revision, the guideline value is Rs 1,000 per sq.ft, the same as the 2023 revision. There are no figures available in the register for the years 2002, 2003, 2007, 2012, and 2017 for this street.

Guideline values in Telgupalayam

In Telgupalayam, there are 223 streets under the Coimbatore South Joint 1 SRO with guideline values ranging from Rs 1,000 to Rs 4,000 per sq.ft, with a median value of Rs 1,002 per sq.ft. Bharathiyar Street-1's 2024 figure is below this median.

• Bharathiyar Street 2: 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-1

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value would be 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, totaling Rs 90,000. 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 more details.

Which Sub Registrar Office covers Bharathiyar Street-1?

Bharathiyar Street-1 falls under the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. 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 crucial factor in the registration process when buying or selling property in Telgupalayam. It determines the stamp duty and registration fees that must be paid during the transaction.

When a property is sold, the guideline value is used to calculate the applicable fees, ensuring that both the buyer and seller are aware of the financial obligations involved in the transfer of property ownership.

Frequently asked questions

What is the current guideline value of Bharathiyar Street-1?

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

How has the guideline value changed over the years?

The guideline value has remained at Rs 1,000 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017 in the register for this street.

What is the land classification for Bharathiyar Street-1?

Bharathiyar Street-1 is classified as Residential Class II Type - I according to the guideline value register.

What are the stamp duty and registration fees for properties in Bharathiyar Street-1?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot valued at Rs 10,00,000, the total fees would amount to Rs 90,000.

Which office handles registrations for Bharathiyar Street-1?

The Coimbatore South Joint 1 Sub Registrar Office handles registrations for Bharathiyar Street-1, located at No.410a, Raja Street, Coimbatore-641001.