Guideline Value

Corporate

Guideline Value for A.K.S.Nagar Cross Street 1

₹1550/sq.ft.

The guideline value for A.k.s.nagar Cross Street 1 in Kumarapalayam village (Coimbatore South Joint 1 SRO, Coimbatore zone) is Rs 1550 per sq.ft, effective 1 July 2024. It was Rs 1400 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Kumarapalayam

Village

Coimbatore South Joint 1

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1550 /sq.ft.
From 1-4-2023 ₹1400 /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 A.k.s.nagar Cross Street 1

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A.K.S.Nagar Cross Street 1 guideline value

The current guideline value of A.K.S.Nagar Cross Street 1 is Rs 1,550 per sq.ft, effective from 1 July 2024. This street is located in Kumarapalayam village under the Coimbatore South Joint 1 SRO, classified as Residential Class I Type - I.

How the guideline value of A.K.S.Nagar Cross Street 1 has changed

In the 2023 revision, the guideline value was Rs 1,400 per sq.ft. With the 2024 revision, there has been an increase of 11%, bringing the current guideline value to Rs 1,550 per sq.ft. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017 for this street.

To summarize the revisions, the guideline value increased from Rs 1,400 per sq.ft in 2023 to Rs 1,550 per sq.ft in 2024. The increase reflects the ongoing adjustments made in the guideline values across various streets in the region.

Guideline values in Kumarapalayam

Kumarapalayam village has a total of 290 streets under the Coimbatore South Joint 1 SRO, with guideline values ranging from Rs 1,000 to Rs 2,750 per sq.ft. The median guideline value for the village is Rs 1,001 per sq.ft, placing A.K.S.Nagar Cross Street 1 above this median.

Stamp duty and registration fee for property in A.K.S.Nagar Cross Street 1

For a 1,000 sq.ft plot at the current guideline value of Rs 1,550 per sq.ft, the total guideline value would be Rs 15,50,000. The stamp duty at 7% would amount to Rs 1,08,500, and the registration fee at 2% would be Rs 31,000, making a total of Rs 1,39,500. Please note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers A.K.S.Nagar Cross Street 1?

The Sub Registrar Office covering A.K.S.Nagar Cross Street 1 is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in property transactions in Kumarapalayam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees during the sale.

When buying or selling property, it is essential to be aware of the current guideline value, as it impacts the overall cost of the transaction. Buyers should ensure that the sale price is at least equal to or greater than the guideline value to avoid any issues during registration.

Frequently asked questions

What is the current guideline value of A.K.S.Nagar Cross Street 1?

The current guideline value of A.K.S.Nagar Cross Street 1 is Rs 1,550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 1,400 per sq.ft in 2023 to Rs 1,550 per sq.ft in 2024, reflecting an 11% rise. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017 for this street.

What is the classification of A.K.S.Nagar Cross Street 1?

A.K.S.Nagar Cross Street 1 is classified as Residential Class I Type - I, indicating its suitability for residential development.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 15,50,000, the stamp duty would be Rs 1,08,500, and the registration fee would be Rs 31,000, totaling Rs 1,39,500. Duty is charged on the higher of the guideline value and the sale price.

Where is the Sub Registrar Office for A.K.S.Nagar Cross Street 1 located?

The Sub Registrar Office for A.K.S.Nagar Cross Street 1 is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001.