Guideline Value for ADITHIRAVIDAR VEETHI -2

₹1055/sq.ft.

The guideline value for Adithiravidar Veethi -2 in Saravanmpatty. village (Gandhipuram SRO, Coimbatore zone) is Rs 1055 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class I Type - Iv. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Saravanmpatty.

Village

Gandhipuram

SRO

Residential Class I Type - IV
History
Period Guideline Value
From 1-7-2024 ₹1055 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /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)

Sro Gandhipuram,kalapatti Road,near Saravanampatti Poilce Station,saravanampatti-641035
0422-2666669
[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]
Records for a plot on Adithiravidar Veethi -2

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Adithiravidar Veethi -2 guideline value

The current guideline value of Adithiravidar Veethi -2 is Rs 1,055 per sq.ft, effective from 1 July 2024. This street is located in Saravanmpatty, under the Gandhipuram SRO, and is classified as Residential Class I Type - IV.

How the guideline value of Adithiravidar Veethi -2 has changed

The guideline value for Adithiravidar Veethi -2 has undergone several revisions since 2012. The 2012 revision set the value at Rs 600 per sq.ft, which then decreased to Rs 402 per sq.ft in 2017. Following this, the value saw a significant increase to Rs 1,000 per sq.ft in 2023, and further increased to Rs 1,055 per sq.ft in the 2024 revision. The register does not have figures for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, the value decreased by 33%. However, from 2017 to 2023, there was a substantial increase of 149%. The overall change from 2012 to 2024 reflects a 76% increase in the guideline value.

Guideline values in Saravanmpatty.

In Saravanmpatty, there are 180 streets under the Gandhipuram SRO with a 2024 guideline value ranging from Rs 1,010 to Rs 5,654 per sq.ft. The median value for these streets is Rs 1,060 per sq.ft, indicating that the guideline value for Adithiravidar Veethi -2 is slightly below the median.

Stamp duty and registration fee for property in Adithiravidar Veethi -2

For a 1,000 sq.ft plot at the current guideline value of Rs 1,055 per sq.ft, the total guideline value would be Rs 10,55,000. The stamp duty at 7% would be Rs 73,850, and the registration fee at 2% would be Rs 21,100, bringing the total cost for these fees to Rs 94,950. 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 details.

Which Sub Registrar Office covers Adithiravidar Veethi -2?

The Sub Registrar Office that covers Adithiravidar Veethi -2 is the Gandhipuram Sub Registrar Office, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Saravanmpatty. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded at a fair value according to government standards.

When registering a property, the buyer must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Adithiravidar Veethi -2?

The current guideline value of Adithiravidar Veethi -2 is Rs 1,055 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 402 per sq.ft in 2017, then increased to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,055 per sq.ft in 2024.

What are the stamp duty and registration fees for a property in Adithiravidar Veethi -2?

For a property valued at Rs 10,55,000, the stamp duty would be Rs 73,850, and the registration fee would be Rs 21,100, totaling Rs 94,950.

Which Sub Registrar Office covers Adithiravidar Veethi -2?

The Gandhipuram Sub Registrar Office covers Adithiravidar Veethi -2, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

What is the land classification for Adithiravidar Veethi -2?

Adithiravidar Veethi -2 is classified as Residential Class I Type - IV, indicating its designation for residential purposes.