Guideline Value

Corporate

Guideline Value for APPAAINAIDU LAYOUT

₹1400/sq.ft.

The guideline value for Appaainaidu Layout in Ganapathy village (Ganapathy SRO, Coimbatore zone) is Rs 1400 per sq.ft, effective 1 July 2024. It was Rs 1250 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ganapathy

Village

Ganapathy

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1400 /sq.ft.
From 1-4-2023 ₹1250 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹837 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1250 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹700 /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)

Sankaralinganar Road, Maniyakaranpalayam , Ganapathy, Coimbatore. 641006.
0422-2539950
[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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Appaainaidu Layout guideline value

The current guideline value of Appaainaidu Layout in Ganapathy village, under the Ganapathy SRO, is Rs 1,400 per sq.ft, effective from 1 July 2024. This area falls under the Residential Class I Type - I land classification.

How the guideline value of Appaainaidu Layout has changed

The guideline value for Appaainaidu Layout has seen several revisions over the years. In 2007, the value was Rs 700 per sq.ft, which increased to Rs 1,250 per sq.ft in 2012. However, it then decreased to Rs 837 per sq.ft in 2017. The value rose significantly to Rs 1,250 per sq.ft in 2023, and in the latest revision for 2024, it stands at Rs 1,400 per sq.ft.

Between the revisions, the changes are notable. From 2007 to 2012, there was an increase of 79%, followed by a decrease of 33% from 2012 to 2017. The value then increased by 49% from 2017 to 2023, and finally, there was a 12% rise from 2023 to 2024. The overall change from 2007 to 2024 is an increase of 100%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Ganapathy

In Ganapathy village, there are 324 streets under the Ganapathy SRO that carry a 2024 guideline value, ranging from Rs 1,007 to Rs 4,595 per sq.ft. The median value for these streets is Rs 1,120 per sq.ft, making the guideline value of Appaainaidu Layout above this median.

Stamp duty and registration fee for property in Appaainaidu Layout

For a 1,000 sq.ft plot at the current guideline value of Rs 1,400 per sq.ft, the total guideline value amounts to Rs 14,00,000. The stamp duty at 7% would be Rs 98,000, and the registration fee at 2% would be Rs 28,000, making a total of Rs 1,26,000. 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 Appaainaidu Layout?

The Sub Registrar Office that covers Appaainaidu Layout is the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Ganapathy. It is the benchmark used by the registration department to determine the stamp duty and registration fees applicable to the transaction.

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

Frequently asked questions

What is the current guideline value of Appaainaidu Layout?

The current guideline value of Appaainaidu Layout is Rs 1,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, with the most recent increase being 12% from Rs 1,250 per sq.ft in 2023 to Rs 1,400 per sq.ft in 2024. Overall, from 2007 to 2024, the value has increased by 100%.

What are the other streets in Ganapathy with their guideline values?

Other streets in Ganapathy include Appaainaidu Layout.Sivasakthi Colony at Rs 1,400 per sq.ft, Apartment at Rs 3,470 per sq.ft, and Aranmanai Thottam at Rs 1,010 per sq.ft, among others.

What fees are associated with buying property in Appaainaidu Layout?

When buying property, the buyer must pay a stamp duty of 7% and a registration fee of 2% based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the total fees amount to Rs 1,26,000.

Where is the Sub Registrar Office for Appaainaidu Layout located?

The Sub Registrar Office for Appaainaidu Layout is the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006.