Guideline Value for Bharathy Nagar

Bharathy Nagar guideline value

The current guideline value of Bharathy Nagar, located in Kuniyamuthur village under the Coimbatore South Joint 1 SRO, is Rs 1,001 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class I Type - III.

How the guideline value of Bharathy Nagar has changed

In the 2023 revision, the guideline value for Bharathy Nagar was Rs 1,000 per sq.ft. The 2024 revision has increased this to Rs 1,001 per sq.ft, reflecting a change of +0%. The register has no figure for this street for the years 2017, 2012, 2007, 2003, and 2002.

Thus, the only revisions with figures for this street are from 2023 and 2024. The guideline value has remained relatively stable between these two revisions.

Guideline values in Kuniyamuthur

In Kuniyamuthur, there are 410 streets under the Coimbatore South Joint 1 SRO, with guideline values ranging from Rs 1,000 to Rs 1,550 per sq.ft. The median guideline value in this area is Rs 1,003 per sq.ft, placing Bharathy Nagar's 2024 figure below that median.

• Bharathiyar Street: Rs 1,001 per sq.ft (2024)
• B.K.Pudur: Rs 1,001 per sq.ft (2024)
• B.K.Pudur New Part: Rs 1,001 per sq.ft (2024)
• Blake Mariamman Kovil Street: Rs 1,003 per sq.ft (2024)
• Bharathidasan Street: Rs 1,003 per sq.ft (2024)
• Benthagostha Church Street: Rs 1,003 per sq.ft (2024)

Stamp duty and registration fee for property in Bharathy Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,001 per sq.ft, the total guideline value would be Rs 10,01,000. The stamp duty at 7% would amount to Rs 70,070, and the registration fee at 2% would be Rs 20,020, totaling Rs 90,090. 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 detailed calculations.

Which Sub Registrar Office covers Bharathy Nagar?

The Sub Registrar Office covering Bharathy Nagar is 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 Kuniyamuthur

The guideline value is an essential factor when registering property in Kuniyamuthur. It serves as a benchmark for determining the stamp duty and registration fees applicable during the transaction.

When you buy or sell property, the registration office uses the guideline value to calculate the necessary fees. This ensures that all transactions are conducted fairly and transparently, based on the established values for each area.

Frequently asked questions

What is the current guideline value of Bharathy Nagar?

The current guideline value of Bharathy Nagar is Rs 1,001 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Bharathy Nagar was Rs 1,000 per sq.ft in 2023 and increased to Rs 1,001 per sq.ft in 2024. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002.

What is the land classification for Bharathy Nagar?

Bharathy Nagar is classified as Residential Class I Type - III, indicating its suitability for residential development.

What are the stamp duty and registration fees for property transactions?

For a property valued at Rs 10,01,000, the stamp duty would be Rs 70,070 and the registration fee would be Rs 20,020, totaling Rs 90,090. These fees are based on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Bharathy Nagar?

The Sub Registrar Office for Bharathy Nagar is located at No.410a, Raja Street, Coimbatore-641001. You can find more details by visiting the relevant link.