Guideline Value for Bharathiyar Street

Bharathiyar Street guideline value

The current guideline value of Bharathiyar Street in Telgupalayam village is Rs 1,000 per sq.ft, effective from the 2024 revision on 1 July 2024. This street falls under the Coimbatore South Joint 1 SRO and is classified as Residential Class II Type - I.

How the guideline value of Bharathiyar Street has changed

The guideline value for Bharathiyar Street has remained consistent at Rs 1,000 per sq.ft for the revisions in 2023 and 2024. The register has no figure for this street for the years 2002, 2003, 2007, 2012, and 2017.

In the 2023 revision, the guideline value was Rs 1,000 per sq.ft, and it remained unchanged in the 2024 revision, reflecting a 0% change between these two years.

Guideline values in Telgupalayam

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

• Bharathiyar Street-1: Rs 1,000 per sq.ft (2024)
• Bharathiyar Street 2: 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

For a 1,000 sq.ft plot at the current rate of Rs 1,000 per sq.ft, the 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, totaling Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Bharathiyar Street?

The Sub Registrar Office that covers Bharathiyar Street is 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 plays a crucial role during the registration of property transactions in Telgupalayam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property.

When a property is sold, the guideline value is compared with the sale price, and the higher amount is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Bharathiyar Street?

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

How has the guideline value changed over the years?

The guideline value for Bharathiyar Street has remained at Rs 1,000 per sq.ft for the years 2023 and 2024. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Bharathiyar Street?

Bharathiyar Street is classified as Residential Class II Type - I under the Coimbatore South Joint 1 SRO.

What are the other streets with similar guideline values in Telgupalayam?

Other streets in Telgupalayam with similar guideline values include Bharathiyar Street-1 and Bharathidasan Theru, both at Rs 1,000 per sq.ft for 2024.

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

The Sub Registrar Office for Bharathiyar Street is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. You can find more details through the provided link.