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Guideline Value

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Guideline Value for APPACHI NAGAR EXTN 1ST to 5th STREET

₹1680/sq.ft.

The guideline value for Appachi Nagar Extn 1st To 5th Street in Ward - J village (Tiruppur Joint I SRO, Coimbatore zone) is Rs 1680 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - J

Village

Tiruppur Joint I

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹1680 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1005 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1215 /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]
Records for a plot on Appachi Nagar Extn 1st To 5th Street

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APPACHI NAGAR EXTN 1ST to 5th STREET guideline value

The current guideline value for APPACHI NAGAR EXTN 1ST to 5th STREET is Rs 1,680 per sq.ft, effective from 1 July 2024. This street is located in Ward - J village, under the Tiruppur Joint I SRO, and is classified as Residential Class II Type - II.

How the guideline value of APPACHI NAGAR EXTN 1ST to 5th STREET has changed

Over the years, the guideline value for APPACHI NAGAR EXTN 1ST to 5th STREET has seen several revisions. The 2007 revision set the value at Rs 1,215 per sq.ft, which increased to Rs 1,500 per sq.ft in 2012. However, in 2017, the value dropped to Rs 1,005 per sq.ft. The 2023 revision saw a significant rise to Rs 1,500 per sq.ft, followed by the latest 2024 revision, which further increased the value to Rs 1,680 per sq.ft.

The changes between the revisions are noteworthy. From 2017 to 2023, there was a 49% increase. The value then rose by 12% from 2023 to 2024. In contrast, the value decreased by 33% from 2012 to 2017 and increased by 23% from 2007 to 2012. Overall, from 2007 to 2024, the guideline value has increased by 38%.

Guideline values in Ward - J

In Ward - J, there are 209 streets under the Tiruppur Joint I SRO, with guideline values ranging from Rs 840 to Rs 4,480 per sq.ft. The median guideline value in this area is Rs 1,120 per sq.ft, making the 2024 figure for APPACHI NAGAR EXTN 1ST to 5th STREET above the median.

Stamp duty and registration fee for property in APPACHI NAGAR EXTN 1ST to 5th STREET

For a 1,000 sq.ft plot at the current guideline value of Rs 1,680 per sq.ft, the total guideline value would be Rs 16,80,000. The stamp duty at 7% would amount to Rs 1,17,600, and the registration fee at 2% would be Rs 33,600, bringing the total to Rs 1,51,200. 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 APPACHI NAGAR EXTN 1ST to 5th STREET?

The Sub Registrar Office that covers APPACHI NAGAR EXTN 1ST to 5th STREET is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Ward - J. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from property transactions.

When buying or selling property, the guideline value is used to calculate applicable stamp duty and registration fees. Buyers must be aware that these fees are based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value for APPACHI NAGAR EXTN 1ST to 5th STREET?

The current guideline value for APPACHI NAGAR EXTN 1ST to 5th STREET is Rs 1,680 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,215 per sq.ft in 2007 to Rs 1,680 per sq.ft in 2024, reflecting an overall increase of 38% over the years.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 16,80,000, the stamp duty would be Rs 1,17,600 and the registration fee would be Rs 33,600, totaling Rs 1,51,200.

Which office handles property registrations in APPACHI NAGAR EXTN 1ST to 5th STREET?

The Tiruppur Joint I Sub Registrar Office handles property registrations for APPACHI NAGAR EXTN 1ST to 5th STREET, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.

What is the significance of the guideline value in property transactions?

The guideline value is essential as it determines the minimum value for property registration and is used to calculate stamp duty and registration fees during property transactions in Ward - J.