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Guideline Value for ASHAR NAGAR 1ST to 4th STREET

₹1680/sq.ft.

The guideline value for Ashar Nagar 1st To 4th Street in Ward - C 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 - C

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 Ashar Nagar 1st To 4th Street

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ASHAR NAGAR 1ST to 4th STREET guideline value

The current guideline value for ASHAR NAGAR 1ST to 4th STREET is Rs 1,680 per sq.ft, effective from 1 July 2024. This street is located in the village of Tiruppur Joint I SRO and falls under the Residential Class II Type - II land classification.

How the guideline value of ASHAR NAGAR 1ST to 4th STREET has changed

The guideline value for ASHAR NAGAR 1ST to 4th STREET has seen several revisions over the years. 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, there was a decrease to Rs 1,005 per sq.ft in 2017. The value then rose significantly to Rs 1,500 per sq.ft in 2023 and further increased to the current rate of Rs 1,680 per sq.ft in 2024. The register has no figures for the revisions in 2002 and 2003.

Between the revisions, there have been notable changes: from 2012 to 2017, the value decreased by 33%, while from 2017 to 2023, it increased by 49%. The most recent change from 2023 to 2024 reflects a 12% increase. Overall, from 2007 to 2024, the guideline value has increased by 38%.

Guideline values in Ward - C

In Ward - C, there are 137 streets under the Tiruppur Joint I SRO, with guideline values ranging from Rs 840 to Rs 4,480 per sq.ft. The median value for these streets is Rs 1,120 per sq.ft, placing ASHAR NAGAR 1ST to 4th STREET above that median.

Stamp duty and registration fee for property in ASHAR NAGAR 1ST to 4th STREET

For a 1,000 sq.ft plot at the current rate of Rs 1,680 per sq.ft, the guideline value amounts to Rs 16,80,000. The stamp duty at 7% would be Rs 1,17,600, and the registration fee at 2% would be Rs 33,600, bringing the total to Rs 1,51,200. 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 ASHAR NAGAR 1ST to 4th STREET?

The ASHAR NAGAR 1ST to 4th STREET is covered by 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 further assistance.

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

The guideline value is a critical factor in property transactions in Ward - C, as it determines the minimum value at which properties can be registered. This value is used to calculate the stamp duty and registration fees that buyers need to pay when completing a property transaction.

When buying or selling property, it is essential to be aware of the guideline value, as it ensures that the transaction is recorded accurately and in compliance with local regulations. This helps to protect the interests of both buyers and sellers in the real estate market.

Frequently asked questions

What is the current guideline value for ASHAR NAGAR 1ST to 4th STREET?

The current guideline value for ASHAR NAGAR 1ST to 4th 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 ASHAR NAGAR 1ST to 4th STREET?

For a 1,000 sq.ft plot, the total guideline value is Rs 16,80,000, leading to a stamp duty of Rs 1,17,600 and a registration fee of Rs 33,600, totaling Rs 1,51,200.

Which Sub Registrar Office covers ASHAR NAGAR 1ST to 4th STREET?

The Tiruppur Joint I Sub Registrar Office covers ASHAR NAGAR 1ST to 4th STREET, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

What is the land classification for ASHAR NAGAR 1ST to 4th STREET?

ASHAR NAGAR 1ST to 4th STREET falls under the Residential Class II Type - II land classification.