Guideline Value

Corporate

Guideline Value for A.S.NAGAR

₹1120/sq.ft.

The guideline value for A.s.nagar in Ward - C village (Tiruppur Joint I SRO, Coimbatore zone) is Rs 1120 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class Iii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - C

Village

Tiruppur Joint I

SRO

Residential Class III Type - II
History
Period Guideline Value
From 1-7-2024 ₹1120 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹740 /sq.ft.
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]

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A.S.Nagar guideline value

The current guideline value of A.S.Nagar is Rs 1,120 per sq.ft, effective from 1 July 2024. This area is located in Ward - C village under the Tiruppur Joint I SRO and is classified as Residential Class III Type - II.

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

Over the years, the guideline value of A.S.Nagar has seen several revisions. The earliest recorded figure is from 2007, where it was Rs 740 per sq.ft. In 2012, it increased to Rs 1,000 per sq.ft, followed by a decrease to Rs 670 per sq.ft in 2017. The 2023 revision brought it back up to Rs 1,000 per sq.ft, and the most recent revision in 2024 set it at Rs 1,120 per sq.ft. The register has no figures for the years 2002 and 2003.

From 2017 to 2023, the value increased by 49%, while from 2023 to 2024, it rose by 12%. The change from 2012 to 2017 saw a decline of 33%, and from 2007 to 2012, there was an increase of 35%. Overall, from 2007 to 2024, the guideline value has increased by 51%.

Guideline values in Ward - C

In Ward - C, there are 137 streets under the Tiruppur Joint I SRO with a 2024 guideline value ranging from Rs 840 to Rs 4,480 per sq.ft. The median value for this ward is Rs 1,120 per sq.ft, which is equal to the guideline value of A.S.Nagar.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 1,120 per sq.ft, the total guideline value amounts to Rs 11,20,000. The stamp duty at 7% would be Rs 78,400, and the registration fee at 2% would be Rs 22,400, making the total charges Rs 1,00,800. 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 accurate calculations.

Which Sub Registrar Office covers A.S.Nagar?

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

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

The guideline value is a critical factor in property transactions within Ward - C. It serves as a benchmark for determining the minimum value at which a property can be registered. Buyers and sellers must be aware that the guideline value influences the stamp duty and registration fees applicable during the transaction.

When a property is sold, the registration office uses the guideline value to calculate the applicable taxes. It is essential for both parties to consider the guideline value to ensure compliance with local regulations and to avoid any potential disputes during the registration process.

Frequently asked questions

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

The current guideline value of A.S.Nagar is Rs 1,120 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed significantly, from Rs 740 per sq.ft in 2007 to Rs 1,120 per sq.ft in 2024, reflecting an overall increase of 51% during this period.

What is the land classification of A.S.Nagar?

A.S.Nagar is classified as Residential Class III Type - II, indicating its suitability for residential development.

Where is the Sub Registrar Office for A.S.Nagar located?

The Tiruppur Joint I Sub Registrar Office, which covers A.S.Nagar, is located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore zone.

How are stamp duty and registration fees calculated in A.S.Nagar?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher, while the registration fee is charged at 2% of the guideline value. For example, a 1,000 sq.ft plot would incur total charges of Rs 1,00,800 based on the current guideline value.