Guideline Value

Corporate

Guideline Value for Bharathy Park

₹2750/sq.ft.

The guideline value for Bharathy Park 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

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Bharathy Park guideline value

The current guideline value of Bharathy Park, located in Ward 12 village under the Coimbatore South Joint 1 SRO, is Rs 2,750 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class I Type - I.

How the guideline value of Bharathy Park has changed

The guideline value for Bharathy Park has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 2,750 per sq.ft, an increase from the 2023 revision, which was Rs 2,500 per sq.ft. This change represents a 10% increase from the previous year. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

Prior to the 2023 revision, the guideline values for Bharathy Park were not recorded in the register for the years mentioned. Therefore, the most significant changes in the guideline value occurred between 2023 and 2024, with the value rising from Rs 2,500 to Rs 2,750 per sq.ft.

Guideline values in Ward 12

In Ward 12, there are 25 streets under the Coimbatore South Joint 1 SRO that carry a 2024 guideline value ranging from Rs 2,500 to Rs 4,000 per sq.ft. The median value for these streets is Rs 2,750 per sq.ft, which is equal to the guideline value of Bharathy Park.

Stamp duty and registration fee for property in Bharathy Park

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 costs 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. You can also use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Bharathy Park?

The Sub Registrar Office covering Bharathy Park 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 details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Ward 12. It serves as a benchmark for determining the appropriate stamp duty and registration fees that must be paid during the transaction.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that both parties are aware of the financial obligations involved. This value is essential for maintaining transparency and legality in property transactions.

Frequently asked questions

What is the current guideline value of Bharathy Park?

The current guideline value of Bharathy Park is Rs 2,750 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

The guideline value increased from Rs 2,500 per sq.ft in 2023 to Rs 2,750 per sq.ft in 2024, representing a 10% increase.

What are the other streets in Ward 12 with similar guideline values?

Other streets in Ward 12 under the Coimbatore South Joint 1 SRO also have a guideline value of Rs 2,750 per sq.ft for 2024, including Bharathy Park Cross No.1, Cross No.2, Cross No.3, Cross No.4, Cross No.5, and Cross No.6.

What is the registration fee for property in Bharathy Park?

The registration fee for property in Bharathy Park is calculated at 2% of the guideline value. For a plot valued at Rs 27,50,000, the registration fee would be Rs 55,000.

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

The Sub Registrar Office for Bharathy Park is located at No.410a, Raja Street, Coimbatore-641001. You can find more information about your SRO online.