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Guideline Value

Corporate

Guideline Value for CHINNAGOUNDAMPALAYAM (BHARATHI NAGAR)

₹840/sq.ft.

The guideline value for Chinnagoundampalayam (bharathi Nagar) in Ward - B village (Tiruppur Joint I SRO, Coimbatore zone) is Rs 840 per sq.ft, effective 1 July 2024. It was Rs 750 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - B

Village

Tiruppur Joint I

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹840 /sq.ft.
From 1-4-2023 ₹750 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹502 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹750 /sq.ft.
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)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960088
[email protected]

DRO (District Registrar Office)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960044
[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Chinnagoundampalayam (bharathi Nagar)

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Chinnagoundampalayam (Bharathi Nagar) guideline value

The current guideline value of Chinnagoundampalayam (Bharathi Nagar) is Rs 840 per sq.ft, effective from 1 July 2024. This village falls under the Tiruppur Joint I SRO and is classified as Residential Class IV Type - I.

How the guideline value of Chinnagoundampalayam (Bharathi Nagar) has changed

The guideline value for Chinnagoundampalayam has undergone several revisions over the years. The 2012 revision set the value at Rs 750 per sq.ft, which then decreased to Rs 502 per sq.ft in the 2017 revision. Following this, the value increased to Rs 750 per sq.ft in 2023, and the most recent revision in 2024 established the current value at Rs 840 per sq.ft. There are no figures available for the revisions in 2002, 2003, and 2007 for this street.

From 2012 to 2017, the value decreased by 33%. However, from 2017 to 2023, there was a significant increase of 49%. The latest increase from 2023 to 2024 is 12%. Overall, from 2012 to 2024, the guideline value has increased by 12%.

Guideline values in Ward - B

In Ward - B, there are 224 streets under the Tiruppur Joint I SRO with guideline values ranging from Rs 840 to Rs 4,480 per sq.ft. The median value for this ward is Rs 1,120 per sq.ft, making the guideline value for Chinnagoundampalayam (Bharathi Nagar) below this median.

Stamp duty and registration fee for property in Chinnagoundampalayam (Bharathi Nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 840 per sq.ft, the total guideline value amounts to Rs 8,40,000. The stamp duty at 7% would be Rs 58,800, and the registration fee at 2% would be Rs 16,800, totaling Rs 75,600. It is important to note that the 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 Chinnagoundampalayam (Bharathi Nagar)?

The Sub Registrar Office that covers Chinnagoundampalayam (Bharathi Nagar) is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Ward - B. It is used to determine the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two values is used to calculate the applicable fees. This ensures that the fees reflect the true value of the property being transferred.

Frequently asked questions

What is the current guideline value of Chinnagoundampalayam (Bharathi Nagar)?

The current guideline value of Chinnagoundampalayam (Bharathi Nagar) is Rs 840 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 750 per sq.ft in 2012 to Rs 502 per sq.ft in 2017, then increased to Rs 750 per sq.ft in 2023, and finally to Rs 840 per sq.ft in 2024.

What is the median guideline value in Ward - B?

The median guideline value in Ward - B is Rs 1,120 per sq.ft, while the guideline value for Chinnagoundampalayam (Bharathi Nagar) is below this median.

What are the stamp duty rates for property in Chinnagoundampalayam (Bharathi Nagar)?

The stamp duty rate for property in Chinnagoundampalayam is 7%, and the registration fee is 2% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Chinnagoundampalayam (Bharathi Nagar)?

The Sub Registrar Office for Chinnagoundampalayam (Bharathi Nagar) is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.