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Guideline Value

Corporate

Guideline Value for ASHAR NAGAR 60 FEET ROAD

₹2575/sq.ft.

The guideline value for Ashar Nagar 60 Feet Road in Ward - C village (Tiruppur Joint I SRO, Coimbatore zone) is Rs 2575 per sq.ft, effective 1 July 2024. It was Rs 2300 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

Ward - C

Village

Tiruppur Joint I

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2575 /sq.ft.
From 1-4-2023 ₹2300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1541 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2300 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1995 /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 60 Feet Road

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Ashar Nagar 60 Feet Road guideline value

The current guideline value of Ashar Nagar 60 Feet Road is Rs 2,575 per sq.ft, effective from 1 July 2024. This road is located in Ward - C village, under the Tiruppur Joint I SRO, and falls under the Residential Class I Type - I land classification.

How the guideline value of Ashar Nagar 60 Feet Road has changed

Over the years, the guideline value of Ashar Nagar 60 Feet Road has seen several revisions. The 2017 revision set the value at Rs 1,541 per sq.ft, which increased to Rs 2,300 per sq.ft in 2023. The most recent revision in 2024 raised the value further to Rs 2,575 per sq.ft, marking a 12% increase from the previous year. The register has no figures for the years 2002 and 2003.

Prior to 2017, the guideline value was Rs 2,300 per sq.ft in 2012, which was a decrease of 33% from Rs 1,995 per sq.ft in 2007. The overall change from 2007 to 2024 reflects a 29% increase in the guideline value. Each revision shows significant fluctuations in the values attributed to this street.

Guideline values in Ward - C

In Ward - C, there are 137 streets under the Tiruppur Joint I SRO with a 2024 guideline value ranging from Rs 840 to Rs 4,480 per sq.ft, with a median value of Rs 1,120 per sq.ft. Ashar Nagar 60 Feet Road's 2024 figure is above this median.

Stamp duty and registration fee for property in Ashar Nagar 60 Feet Road

For a 1,000 sq.ft plot at the current guideline value of Rs 2,575 per sq.ft, the total guideline value would be Rs 25,75,000. The stamp duty at 7% would be Rs 1,80,250, and the registration fee at 2% would be Rs 51,500, bringing the total amount together to Rs 2,31,750. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Ashar Nagar 60 Feet Road?

The Sub Registrar Office that covers Ashar Nagar 60 Feet Road 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 - C

The guideline value plays a crucial role in property transactions in Ward - C. It is used as a basis for calculating the stamp duty and registration fees when buying or selling property. The amount payable is determined by the higher of the guideline value or the sale price, ensuring that the government receives appropriate revenue from property transactions.

When registering a property, buyers must be aware that the guideline value is fixed by the government and can vary significantly between different streets and areas. Being informed about the current guideline value can help in making better financial decisions during property transactions.

Frequently asked questions

What is the current guideline value of Ashar Nagar 60 Feet Road?

The current guideline value of Ashar Nagar 60 Feet Road is Rs 2,575 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 1,541 per sq.ft in 2017 to Rs 2,575 per sq.ft in 2024, reflecting a significant increase over the years, including a 12% rise from 2023 to 2024.

What are the stamp duty and registration fees for property in Ashar Nagar 60 Feet Road?

For a property valued at Rs 25,75,000, the stamp duty would be Rs 1,80,250, and the registration fee would be Rs 51,500, totaling Rs 2,31,750.

Which Sub Registrar Office covers Ashar Nagar 60 Feet Road?

The Tiruppur Joint I Sub Registrar Office covers Ashar Nagar 60 Feet Road, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

How is the guideline value determined in Ward - C?

The guideline value in Ward - C is determined by the government and varies across different streets. It is based on various factors, including land classification and previous revisions, ensuring that it reflects the current market conditions.