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Guideline Value

Corporate

Guideline Value for Bharathy Park Cross No.6

₹2750/sq.ft.

The guideline value for Bharathy Park Cross No.6 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.6

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Bharathy Park Cross No.6 guideline value

The current guideline value of Bharathy Park Cross No.6 is Rs 2,750 per sq.ft. This street is located in the village of Coimbatore South Joint 1 SRO, which falls under the Residential Class I Type - I land classification.

How the guideline value of Bharathy Park Cross No.6 has changed

The guideline value for Bharathy Park Cross No.6 has undergone several revisions over the years. The register 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 was then 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 value of Rs 2,750 per sq.ft for the 25 streets in Ward 12 under the Coimbatore South Joint 1 SRO. The previous figure from the 2023 revision was Rs 2,500 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 the median being Rs 2,750 per sq.ft. Bharathy Park Cross No.6's 2024 figure is equal to this median. Below are the guideline values for other streets in Ward 12:

Stamp duty and registration fee for property in Bharathy Park Cross No.6

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

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Bharathy Park Cross No.6?

The Sub Registrar Office that covers Bharathy Park Cross No.6 is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001, Coimbatore registration zone. You can find your SRO for further assistance.

How the guideline value is used when you buy or sell in Ward 12

The guideline value plays a crucial role during the registration of property transactions in Ward 12. It serves as a benchmark for determining the applicable stamp duty and registration fees, ensuring that these costs are calculated based on the established rates.

When buying or selling property, it is essential to consider the guideline value as it affects the financial obligations associated with the transaction. Buyers should ensure that they are aware of the current guideline value to avoid any unexpected costs during the registration process.

Frequently asked questions

What is the current guideline value of Bharathy Park Cross No.6?

The current guideline value of Bharathy Park Cross No.6 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, marking a 10% increase. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the registration fee for property in Bharathy Park Cross No.6?

The registration fee for property in Bharathy Park Cross No.6 is calculated at 2% of the guideline value. For example, if the guideline value is Rs 27,50,000, the registration fee would be Rs 55,000.

Where is the Sub Registrar Office for Bharathy Park Cross No.6 located?

The Sub Registrar Office for Bharathy Park Cross No.6 is located at No.410a, Raja Street, Coimbatore-641001, Coimbatore registration zone.

How is the stamp duty calculated for properties in Ward 12?

Stamp duty in Ward 12 is charged at 7% of the higher value between the guideline value and the sale price. This ensures that the government receives the appropriate duty based on the established rates.