Guideline Value

Corporate

Guideline Value for A.P. Nagar

₹220/sq.ft.

The guideline value for A.p. Nagar in Narasimmanaickenpalayam village (Periyanayakkan Palayam SRO, Coimbatore zone) is Rs 220 per sq.ft, effective 1 July 2024. It was Rs 200 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - V. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Narasimmanaickenpalayam

Village

Periyanayakkan Palayam

SRO

Residential Class III Type - V
History
Period Guideline Value
From 1-7-2024 ₹220 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹121 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹180 /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)

No.171,kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020
0422-2469010
[email protected]

DRO (District Registrar Office)

District Registara Office, Syriyan Church Road, Corporation Marriage Hall, Coimbatore -641001
0422-2300722
[email protected],[email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]

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A.P. Nagar guideline value

The current guideline value of A.P. Nagar in Narasimmanaickenpalayam village is Rs 220 per sq.ft, effective from 1 July 2024. This area falls under the Periyanayakkan Palayam SRO and is classified as Residential Class III Type - V.

How the guideline value of A.P. Nagar has changed

The guideline value of A.P. Nagar has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 220 per sq.ft, which is an increase of 10% from the 2023 revision of Rs 200 per sq.ft. Prior to that, in 2017, the value was Rs 121 per sq.ft, reflecting a significant increase of 65% when compared to the 2023 figure. The 2012 revision recorded a value of Rs 180 per sq.ft, which was a decrease of 33% from the 2017 figure.

Overall, from 2012 to 2024, the guideline value has increased by 22%. It is important to note that the register does not have figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Narasimmanaickenpalayam

Narasimmanaickenpalayam has a total of 153 streets under the Periyanayakkan Palayam SRO, with guideline values ranging from Rs 220 to Rs 1,340 per sq.ft. The median guideline value for the village is Rs 310 per sq.ft, placing A.P. Nagar's 2024 figure below this median.

Stamp duty and registration fee for property in A.P. Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 220 per sq.ft, the total guideline value amounts to Rs 2,20,000. The stamp duty at 7% would be Rs 15,400, and the registration fee at 2% would be Rs 4,400, resulting in a combined total of Rs 19,800. 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 A.P. Nagar?

The Sub Registrar Office that covers A.P. Nagar is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020. You can find your SRO for more information.

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

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

When buying or selling property, the guideline value helps both buyers and sellers understand the official value assigned to the property. This value is used to calculate the necessary fees and duties, making it essential for a transparent transaction process.

Frequently asked questions

What is the current guideline value of A.P. Nagar?

The current guideline value of A.P. Nagar is Rs 220 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, increasing from Rs 180 per sq.ft in 2012 to Rs 220 per sq.ft in 2024, which is an overall increase of 22%.

What are the stamp duty and registration fees for A.P. Nagar?

The stamp duty for a property in A.P. Nagar is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would amount to Rs 19,800.

Which Sub Registrar Office covers A.P. Nagar?

The Periyanayakkan Palayam Sub Registrar Office covers A.P. Nagar, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

What is the significance of the guideline value when buying property?

The guideline value is used to determine the minimum value for property registration, ensuring that the appropriate stamp duty and registration fees are collected by the government during the transaction.