Guideline Value

Corporate

Guideline Value for ASHAR NAGAR NORTH 1st STREET

₹1210/sq.ft.

The guideline value for Ashar Nagar North 1st Street in Ward - I village (Tiruppur Joint Ii SRO, Coimbatore zone) is Rs 1210 per sq.ft, effective 1 July 2024. It was Rs 1100 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - I

Village

Tiruppur Joint II

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1210 /sq.ft.
From 1-4-2023 ₹1100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹737 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1100 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
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.
0421-2960035
[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 North 1st Street

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ASHAR NAGAR NORTH 1st STREET guideline value

The current guideline value for ASHAR NAGAR NORTH 1st STREET is Rs 1,210 per sq.ft, effective from 1 July 2024. This street is located in Ward - i village and falls under the Tiruppur Joint II SRO, classified as Commercial Class I Type - I.

How the guideline value of ASHAR NAGAR NORTH 1st STREET has changed

Over the years, the guideline value for ASHAR NAGAR NORTH 1st STREET has seen several revisions. The 2012 revision set the value at Rs 1,100 per sq.ft, which was followed by a decrease to Rs 737 per sq.ft in the 2017 revision. However, from 2017 to 2023, the value increased significantly to Rs 1,100 per sq.ft, and the most recent 2024 revision has raised it further to Rs 1,210 per sq.ft.

In terms of percentage changes, the value rose by 49% from 2017 to 2023, and then by 10% from 2023 to 2024. The overall change from the 2012 revision to the 2024 revision reflects a modest increase of 10%. Notably, the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in WARD - i

In Ward - i, there are 108 streets under the Tiruppur Joint II SRO that have a 2024 guideline value ranging from Rs 701 to Rs 4,480 per sq.ft, with a median value of Rs 1,100 per sq.ft. The guideline value for ASHAR NAGAR NORTH 1st STREET is above this median.

Stamp duty and registration fee for property in ASHAR NAGAR NORTH 1st STREET

For a 1,000 sq.ft plot at the current guideline value of Rs 1,210 per sq.ft, the total guideline value amounts to Rs 12,10,000. The stamp duty at 7% would be Rs 84,700, and the registration fee at 2% would be Rs 24,200, totaling Rs 1,08,900. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers ASHAR NAGAR NORTH 1st STREET?

The ASHAR NAGAR NORTH 1st STREET falls under the Tiruppur Joint II Sub Registrar Office located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

You can find your SRO for more details.

How the guideline value is used when you buy or sell in WARD - i

The guideline value is a crucial factor during the registration process when buying or selling property in Ward - i. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is compared to the sale price, and the duty is charged on the higher of the two. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for ASHAR NAGAR NORTH 1st STREET?

The current guideline value for ASHAR NAGAR NORTH 1st STREET is Rs 1,210 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,100 per sq.ft in 2012 to Rs 737 per sq.ft in 2017, and then increased to Rs 1,100 per sq.ft in 2023, finally reaching Rs 1,210 per sq.ft in 2024.

What is the land classification of ASHAR NAGAR NORTH 1st STREET?

ASHAR NAGAR NORTH 1st STREET is classified as Commercial Class I Type - I.

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

For a property valued at Rs 12,10,000, the stamp duty would be Rs 84,700 and the registration fee would be Rs 24,200, totaling Rs 1,08,900.

Which office handles registrations for ASHAR NAGAR NORTH 1st STREET?

The Tiruppur Joint II Sub Registrar Office handles registrations for ASHAR NAGAR NORTH 1st STREET, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.