Guideline Value for Bhavani Road Southside (269/1,336/3a,3b,336/6a,6b,369/1)

Bhavani Road southside (269/1,336/3A,3B,336/6A,6B,369/1) guideline value

The current guideline value for Bhavani Road southside (269/1,336/3A,3B,336/6A,6B,369/1) is Rs 400 per sq.ft, effective from 1 July 2024. This property is located in Aapakudal village, under the Kavundapadi SRO, and is classified as Commercial Class I Type - I.

How the guideline value of Bhavani Road southside (269/1,336/3A,3B,336/6A,6B,369/1) has changed

The guideline value for this street has seen several revisions over the years. In 2007, the value was Rs 56 per sq.ft, which increased significantly to Rs 400 per sq.ft in 2012, marking a substantial increase of 614%. However, the value dropped to Rs 268 per sq.ft in 2017, a decrease of 33%. The most recent revisions in 2023 and 2024 both set the guideline value at Rs 400 per sq.ft, indicating no change between these years.

There are no figures available for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 614%.

Guideline values in Aapakudal

Aapakudal village has 51 streets under the Kavundapadi SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 508 per sq.ft, with a median value of Rs 275 per sq.ft. The guideline value for Bhavani Road southside is above this median.

• Bhavani Road to Sathy Road Anthiyur Road Four Road (14/8,9,10,11,12,13,15,27/12,16,17,21,22,28/6,7,12,13,19,20,51/1 to 8,56/1 to 15,60/1,2,3,4,9): Rs 400 per sq.ft (2024)
• Bharathi street (11/2,3): Rs 300 per sq.ft (2024)
• Arthanari Street (414,415/2): Rs 275 per sq.ft (2024)
• Chenguttai Road (47/7,50/8,87/3): Rs 275 per sq.ft (2024)
• Appakkodal Kamaraj Street (415/1): Rs 275 per sq.ft (2024)
• Anthiyur Main Road (44/3,52/11,12): Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Bhavani Road southside (269/1,336/3A,3B,336/6A,6B,369/1)

For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value would be Rs 4,00,000. The stamp duty at 7% would amount to Rs 28,000, and the registration fee at 2% would be Rs 8,000, making a total of Rs 36,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Bhavani Road southside (269/1,336/3A,3B,336/6A,6B,369/1)?

The Sub Registrar Office that covers Bhavani Road southside is the Kavundapadi Sub Registrar Office, located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Aapakudal, as it determines the minimum value at which a property can be registered. This value is used to calculate the stamp duty and registration fees that are payable during the transaction.

When a property is sold, the guideline value serves as a reference point for the transaction. Buyers and sellers must ensure that the sale price meets or exceeds the guideline value to avoid any issues during registration.

Frequently asked questions

What is the current guideline value for Bhavani Road southside?

The current guideline value for Bhavani Road southside (269/1,336/3A,3B,336/6A,6B,369/1) 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 significantly, starting from Rs 56 per sq.ft in 2007 to Rs 400 per sq.ft in 2012, then dropping to Rs 268 per sq.ft in 2017, and finally remaining at Rs 400 per sq.ft in 2023 and 2024.

What is the land classification for this property?

The land classification for Bhavani Road southside is Commercial Class I Type - I, indicating its use for commercial purposes.

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

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty is Rs 28,000 and the registration fee is Rs 8,000, making a total of Rs 36,000.

Where is the Sub Registrar Office located for this area?

The Kavundapadi Sub Registrar Office is located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone.