Guideline Value for ASHAR NAGAR MAIN ROAD
₹2575/sq.ft.
The guideline value for Ashar Nagar Main 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 Main Road
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Tiruppur Joint I sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Ashar Nagar Main Road guideline value
The current guideline value of Ashar Nagar Main 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 is classified as Residential Class I Type - I.
How the guideline value of Ashar Nagar Main Road has changed
The guideline value of Ashar Nagar Main Road has seen several revisions over the years. In 2007, the value was Rs 1,995 per sq.ft, which increased to Rs 2,300 per sq.ft in 2012. However, it then decreased to Rs 1,541 per sq.ft in 2017. The value rose significantly to Rs 2,300 per sq.ft in 2023, and the latest revision in 2024 set it at Rs 2,575 per sq.ft. The register has no figures for the years 2002 and 2003 for this street.
Between the revisions, the changes were notable. From 2017 to 2023, there was a remarkable increase of 49%. The 2023 to 2024 revision saw a further increase of 12%. The 2012 to 2017 period experienced a decrease of 33%, while the 2007 to 2012 revision had a rise of 15%. Overall, from 2007 to 2024, the guideline value has increased by 29%.
Guideline values in Ward - C
In Ward - C, there are 137 streets under the Tiruppur Joint I SRO that carry 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 Main Road's 2024 figure is above this median.
- Ashar Nagar 60 Feet Road: Rs 2,575 per sq.ft (2024)
- Ashar Nagar North 1st Street: Rs 1,680 per sq.ft (2024)
- Ashar Nagar West: Rs 1,680 per sq.ft (2024)
- ASHAR NAGAR 1ST to 4th STREET: Rs 1,680 per sq.ft (2024)
- ASHAR MILL LABOUR COLONY 1ST to 3rd STREET: Rs 1,120 per sq.ft (2024)
- Ashar Mill Labour Colony: Rs 1,120 per sq.ft (2024)
Stamp duty and registration fee for property in Ashar Nagar Main 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, while the registration fee at 2% would be Rs 51,500, bringing the total to Rs 2,31,750. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers Ashar Nagar Main Road?
The Ashar Nagar Main Road is covered by the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, in the 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 is an essential factor in the registration process when buying or selling property in Ward - C. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.
When a property is sold, the guideline value is used to calculate the applicable charges, ensuring that the transaction is recorded accurately. This helps maintain transparency and consistency in property transactions within the region.
Frequently asked questions
What is the current guideline value of Ashar Nagar Main Road?
The current guideline value of Ashar Nagar Main Road is Rs 2,575 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 1,995 per sq.ft in 2007 to Rs 2,575 per sq.ft in 2024, with notable increases in 2023 and 2024.
What is the land classification for Ashar Nagar Main Road?
Ashar Nagar Main Road is classified as Residential Class I Type - I.
What are the stamp duty and registration fees for properties in Ashar Nagar Main Road?
The stamp duty is charged at 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total stamp duty and registration fees would be Rs 2,31,750.
Which office handles the registration for Ashar Nagar Main Road?
The Tiruppur Joint I Sub Registrar Office handles the registration for Ashar Nagar Main Road, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
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