Guideline Value for Bharathy Park Cross No.4

₹2750/sq.ft.

The guideline value for Bharathy Park Cross No.4 in Ward 12 village (Coimbatore South Joint 1 SRO, Coimbatore zone) is Rs 2750 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward 12

Village

Coimbatore South Joint 1

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2750 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Coimbatore South Joint 1 Sub Registrar Office, No.410a, Raja Street, Coimbatore-641001
0422-2304592
[email protected]

DRO (District Registrar Office)

District Registrar Office Coimbatore (south), Fifth Floor, Singapore Plaza, Crosscut Road, Gandhipuram, Coimbatore 641012.
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[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Bharathy Park Cross No.4

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Bharathy Park Cross No.4 guideline value

The current guideline value of Bharathy Park Cross No.4 is Rs 2,750 per sq.ft. This property is located in the village of Coimbatore South Joint 1 SRO, classified under Residential Class I Type - I.

How the guideline value of Bharathy Park Cross No.4 has changed

The guideline value register for Bharathy Park Cross No.4 does not have figures for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision set the guideline value at Rs 2,500 per sq.ft, which increased to Rs 2,750 per sq.ft in the 2024 revision, marking a change of +10%.

With the 2024 revision, the current guideline value aligns with the median of Rs 2,750 per sq.ft for the 25 streets in Ward 12 under the Coimbatore South Joint 1 SRO, which range from Rs 2,500 to Rs 4,000 per sq.ft.

Guideline values in Ward 12

In Ward 12, the guideline values range from Rs 2,500 to Rs 4,000 per sq.ft, with Bharathy Park Cross No.4's 2024 figure matching the median of Rs 2,750 per sq.ft. The following are other streets in Ward 12:

Stamp duty and registration fee for property in Bharathy Park Cross No.4

For a 1,000 sq.ft plot at the current guideline value of Rs 2,750 per sq.ft, the total guideline value would be Rs 27,50,000. The stamp duty at 7% would amount to Rs 1,92,500, and the registration fee at 2% would be Rs 55,000, bringing the total to Rs 2,47,500. It is important to note that 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 details.

Which Sub Registrar Office covers Bharathy Park Cross No.4?

The Sub Registrar Office that covers Bharathy Park Cross No.4 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 Ward 12

The guideline value is a crucial factor in the registration process when buying or selling property in Ward 12. It determines the amount of stamp duty and registration fees that need to be paid, which are based on the guideline value or the sale price, whichever is higher.

Understanding the guideline value helps buyers and sellers to calculate their costs accurately and ensures compliance with local regulations during property transactions.

Frequently asked questions

What is the current guideline value of Bharathy Park Cross No.4?

The current guideline value of Bharathy Park Cross No.4 is Rs 2,750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,500 per sq.ft in 2023 to Rs 2,750 per sq.ft in 2024, which is an increase of +10%. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the registration office for Bharathy Park Cross No.4?

The registration office for Bharathy Park Cross No.4 is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001.

How is stamp duty calculated for properties in Bharathy Park Cross No.4?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For a property valued at Rs 27,50,000, the stamp duty would be Rs 1,92,500.

What is the land classification for Bharathy Park Cross No.4?

Bharathy Park Cross No.4 is classified as Residential Class I Type - I, which is important for understanding its usage and value in the real estate market.