Guideline Value for Bhuvaneswari Nagar

Bhuvaneswari Nagar guideline value

The current guideline value of Bhuvaneswari Nagar, located in Telgupalayam village, is Rs 1,800 per sq.ft as per the 2024 revision, effective from 1 July 2024. This area falls under the Coimbatore South Joint 1 SRO and is classified as Residential Class I Type - I.

How the guideline value of Bhuvaneswari Nagar has changed

In the 2023 revision, the guideline value for Bhuvaneswari Nagar was Rs 1,600 per sq.ft. This represents a 13% increase to the current value of Rs 1,800 per sq.ft in the 2024 revision. The register has no figures for this street for the years 2017, 2012, 2007, 2003, and 2002.

Thus, the only revisions available for Bhuvaneswari Nagar are from 2023 and 2024. The increase from Rs 1,600 to Rs 1,800 indicates a notable adjustment in the guideline value for this area.

Guideline values in Telgupalayam

In Telgupalayam, there are 223 streets under the Coimbatore South Joint 1 SRO with a 2024 guideline value ranging from Rs 1,000 to Rs 4,000 per sq.ft. The median guideline value in this village is Rs 1,002 per sq.ft, making Bhuvaneswari Nagar's 2024 figure above that median.

• Bhuvaneswari Extension: Rs 1,800 per sq.ft (2024)
• Bharathy Nagar P.N.Pudur: Rs 1,350 per sq.ft (2024)
• Bharathiyar Street 2: Rs 1,000 per sq.ft (2024)
• Bharathiyar Street-1: Rs 1,000 per sq.ft (2024)
• Bharathiyar Street: Rs 1,000 per sq.ft (2024)
• Bharathidasan Theru: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Bhuvaneswari Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,800 per sq.ft, the total guideline value would be Rs 18,00,000. The stamp duty at 7% would amount to Rs 1,26,000, and the registration fee at 2% would be Rs 36,000, totaling Rs 1,62,000. 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 details.

Which Sub Registrar Office covers Bhuvaneswari Nagar?

Bhuvaneswari Nagar is covered by 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 Telgupalayam

The guideline value plays a crucial role in property transactions in Telgupalayam. It is used to determine the stamp duty and registration fees that buyers and sellers must pay during the registration process.

When a property is sold, the guideline value is considered to ensure that the transaction is recorded accurately. This helps in maintaining transparency and legality in property dealings within the region.

Frequently asked questions

What is the current guideline value of Bhuvaneswari Nagar?

The current guideline value of Bhuvaneswari Nagar is Rs 1,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value changed from Rs 1,600 per sq.ft in 2023 to Rs 1,800 per sq.ft in 2024, reflecting a 13% increase. There are no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the median guideline value in Telgupalayam?

The median guideline value in Telgupalayam is Rs 1,002 per sq.ft. Bhuvaneswari Nagar's guideline value is above this median.

What are the registration fees for properties in Bhuvaneswari Nagar?

For a property valued at Rs 18,00,000, the stamp duty would be Rs 1,26,000 and the registration fee would be Rs 36,000, totaling Rs 1,62,000. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles property registrations in Bhuvaneswari Nagar?

The Coimbatore South Joint 1 Sub Registrar Office handles property registrations for Bhuvaneswari Nagar. It is located at No.410a, Raja Street, Coimbatore-641001.