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Guideline Value

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Guideline Value for AIRPORT COLONY (CIVIL AERODROME)

₹1055/sq.ft.

The guideline value for Airport Colony (civil Aerodrome) in Kalapatty_east 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 - Iii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Kalapatty_east

Village

Gandhipuram

SRO

Residential Class I Type - III
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 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)

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 Airport Colony (civil Aerodrome)

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Airport Colony (Civil Aerodrome) guideline value

The current guideline value of Airport Colony (Civil Aerodrome) is Rs 1,055 per sq.ft, effective from 1 July 2024. This area falls under KALAPATTY_East village and is classified as Residential Class I Type - III. The relevant Sub Registrar Office for this area is Gandhipuram SRO.

How the guideline value of Airport Colony (Civil Aerodrome) has changed

The guideline value for Airport Colony (Civil Aerodrome) has seen significant changes over the years. The 2017 revision recorded a guideline value of Rs 402 per sq.ft, which increased to Rs 1,000 per sq.ft in the 2023 revision. The most recent revision in 2024 set the guideline value at Rs 1,055 per sq.ft, marking a 6% increase from the previous year. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Overall, from the 2017 revision to the 2024 revision, there has been a substantial increase of 162%. The jump from Rs 402 per sq.ft in 2017 to Rs 1,055 per sq.ft in 2024 reflects a 149% increase from 2017 to 2023, followed by the 6% rise to the current rate.

Guideline values in KALAPATTY_East

In KALAPATTY_East, there are 358 streets under the Gandhipuram SRO with a 2024 guideline value ranging from Rs 1,010 to Rs 3,920 per sq.ft. The median guideline value for these streets is Rs 1,055 per sq.ft, which is equal to the guideline value of Airport Colony (Civil Aerodrome).

Stamp duty and registration fee for property in Airport Colony (Civil Aerodrome)

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 amount to 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 duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Airport Colony (Civil Aerodrome)?

The Sub Registrar Office that covers Airport Colony (Civil Aerodrome) 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 more information.

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

The guideline value is a crucial factor when buying or selling property in KALAPATTY_East. It serves as the minimum value for transactions and is used to calculate stamp duty and registration fees during the registration process. Buyers and sellers must consider this value to ensure compliance with local regulations.

When a property is registered, the guideline value is compared with the sale price, and the higher of the two is used to determine the applicable duties and fees. This ensures that the government receives appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value for Airport Colony (Civil Aerodrome)?

The current guideline value for Airport Colony (Civil Aerodrome) is Rs 1,055 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed significantly, increasing from Rs 402 per sq.ft in 2017 to Rs 1,055 per sq.ft in 2024, which is an overall increase of 162%.

What is the median guideline value in KALAPATTY_East?

The median guideline value in KALAPATTY_East is Rs 1,055 per sq.ft, which is the same as the guideline value for Airport Colony (Civil Aerodrome).

What are the stamp duty and registration fees for property in Airport Colony?

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

Where is the Sub Registrar Office for Airport Colony located?

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