Guideline Value

Corporate

Guideline Value for A.K.S.Nagar Cross Street 2

₹1550/sq.ft.

The guideline value for A.k.s.nagar Cross Street 2 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 2

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A.K.S.Nagar Cross Street 2 guideline value

The current guideline value of A.K.S.Nagar Cross Street 2 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 and falls under the Residential Class I Type - I land classification.

How the guideline value of A.K.S.Nagar Cross Street 2 has changed

The guideline value for A.K.S.Nagar Cross Street 2 has seen changes over the years, with the most recent revision in 2024 setting the value at Rs 1,550 per sq.ft, up from Rs 1,400 per sq.ft in 2023. This represents an increase of 11% from the previous year.

Prior to the 2023 revision, there are no figures available for A.K.S.Nagar Cross Street 2 in the register for the years 2017, 2012, 2007, 2003, and 2002. The 2024 and 2023 figures indicate a clear upward trend in the guideline value for this street.

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 in the village is Rs 1,001 per sq.ft, positioning A.K.S.Nagar Cross Street 2 above this median.

Stamp duty and registration fee for property in A.K.S.Nagar Cross Street 2

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

You can use the stamp duty and registration fee calculator for more accurate calculations based on your specific property details.

Which Sub Registrar Office covers A.K.S.Nagar Cross Street 2?

The Sub Registrar Office covering A.K.S.Nagar Cross Street 2 is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. For more information, you can find your SRO.

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

The guideline value serves as a reference point for property transactions in Kumarapalayam. When you register a property, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that the transaction is compliant with local regulations.

It is crucial for buyers and sellers to be aware of the guideline value, as it can impact the overall cost of the transaction. The guideline value is regularly updated, reflecting changes in the real estate market and local land use classifications.

Frequently asked questions

What is the current guideline value of A.K.S.Nagar Cross Street 2?

The current guideline value of A.K.S.Nagar Cross Street 2 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, marking an 11% increase. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002.

What is the median guideline value in Kumarapalayam?

The median guideline value in Kumarapalayam is Rs 1,001 per sq.ft. A.K.S.Nagar Cross Street 2's guideline value is above this median.

What are the stamp duty and registration fees for properties in A.K.S.Nagar Cross Street 2?

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 or the sale price.

Which office should I visit for property registration in A.K.S.Nagar Cross Street 2?

The Coimbatore South Joint 1 Sub Registrar Office is responsible for property registration in A.K.S.Nagar Cross Street 2. It is located at No.410a, Raja Street, Coimbatore-641001.