Guideline Value for Bharathiyar street 300

Bharathiyar street 300 guideline value

The current guideline value of Bharathiyar street 300 is Rs 400 per sq.ft, effective from 1 July 2024. This street is located in Vanipudur village under the Thookanaicken Palayam SRO, classified as Commercial Class I Type - I.

How the guideline value of Bharathiyar street 300 has changed

The guideline value for Bharathiyar street 300 has seen significant changes over the years. In the 2003 revision, the value was Rs 98 per sq.ft, which increased to Rs 268 per sq.ft in 2017, marking a change of +173%. The value remained at Rs 400 per sq.ft in both the 2023 and 2024 revisions, indicating no change between these two years. Overall, from 2003 to 2024, the guideline value has increased by +308%.

There are no figures available for the years 2002, 2007, and 2012 in the register for this street. The increase from 2017 to 2023 was +49%, reflecting a steady rise in the guideline value over the years.

Guideline values in Vanipudur

In Vanipudur, there are 56 streets under the Thookanaicken Palayam SRO that have a 2024 guideline value ranging from Rs 200 to Rs 440 per sq.ft, with a median value of Rs 250 per sq.ft. Bharathiyar street 300's 2024 figure of Rs 400 per sq.ft is above this median.

• A.R.R.Colony1,2 308(1,2): Rs 250 per sq.ft (2024)
• Arisana Colony T.N Palayam west,east 32,302(1,2,4A,5) 1 (1): Rs 250 per sq.ft (2024)
• Arisana colony (TN Palayam West) 321 (1): Rs 250 per sq.ft (2024)
• Arisana colony 185 (1,2): Rs 250 per sq.ft (2024)
• Annastreet 300: Rs 200 per sq.ft (2024)
• Annanagar 1,2 321 (2): Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Bharathiyar street 300

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 4,00,000. The stamp duty at 7% would be Rs 28,000, and the registration fee at 2% would be Rs 8,000, totaling Rs 36,000. 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 300?

The Sub Registrar Office that covers Bharathiyar street 300 is the Thookanaicken Palayam Sub Registrar Office, located at T.s.p Nagar Vaikkal Road T.n.palayam Gobi-638506, Coimbatore registration zone. You can find your SRO for additional information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Vanipudur. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on a standardized property valuation.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to determine the applicable duties. This ensures that the registration process is fair and transparent, reflecting the actual market conditions.

Frequently asked questions

What is the current guideline value of Bharathiyar street 300?

The current guideline value of Bharathiyar street 300 is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 98 per sq.ft in 2003 to Rs 400 per sq.ft in 2024, which is an overall increase of +308% since 2003.

What are the stamp duty and registration fees for properties on Bharathiyar street 300?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees amount to Rs 36,000, based on the guideline value of Rs 4,00,000.

Which Sub Registrar Office covers Bharathiyar street 300?

Bharathiyar street 300 is covered by the Thookanaicken Palayam Sub Registrar Office, located at T.s.p Nagar Vaikkal Road T.n.palayam Gobi-638506, Coimbatore registration zone.

What is the land classification of Bharathiyar street 300?

Bharathiyar street 300 is classified as Commercial Class I Type - I, indicating its suitability for commercial activities.