Guideline Value

Corporate

Guideline Value for AVINASHI ROAD 60 FEET (NORTH SIDE)

₹4480/sq.ft.

The guideline value for Avinashi Road 60 Feet (north Side) in Ward - C village (Tiruppur Joint I SRO, Coimbatore zone) is Rs 4480 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 12% change. The land classification is Commercial Special Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - C

Village

Tiruppur Joint I

SRO

Commercial Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹4480 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2680 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2995 /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 Avinashi Road 60 Feet (north Side)

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Avinashi Road 60 Feet (North Side) guideline value

The current guideline value of Avinashi Road 60 Feet (North Side) is Rs 4,480 per sq.ft, effective from 1 July 2024. This property is located in Ward - C under the Tiruppur Joint I SRO, and it is classified as Commercial Special Type - I.

How the guideline value of Avinashi Road 60 Feet (North Side) has changed

Looking back at the revisions, the guideline value for Avinashi Road 60 Feet (North Side) has seen significant changes over the years. In 2007, the value was Rs 2,995 per sq.ft, which increased to Rs 4,000 per sq.ft in 2012. However, it decreased to Rs 2,680 per sq.ft in 2017. The value then rose sharply to Rs 4,000 per sq.ft in 2023, before reaching the current value of Rs 4,480 per sq.ft in 2024. The changes between these revisions include a 34% increase from 2007 to 2012, a 33% decrease from 2012 to 2017, a 49% increase from 2017 to 2023, and a 12% increase from 2023 to 2024.

It is important to note that there are no figures available for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 50%.

Guideline values in Ward - C

In Ward - C, there are a total of 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. The median value for these streets is Rs 1,120 per sq.ft, placing Avinashi Road 60 Feet (North Side) above this median.

Stamp duty and registration fee for property in Avinashi Road 60 Feet (North Side)

For a 1,000 sq.ft plot at the current guideline value of Rs 4,480 per sq.ft, the total guideline value would be Rs 44,80,000. The stamp duty at 7% would be Rs 3,13,600, and the registration fee at 2% would be Rs 89,600, making the total fees together Rs 4,03,200. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Avinashi Road 60 Feet (North Side)?

The Avinashi Road 60 Feet (North Side) property falls under the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Ward - C. It is used to determine the stamp duty and registration fees that must be paid during the transaction. Buyers and sellers should be aware that these fees are calculated based on the guideline value or the sale price, whichever is higher.

Understanding the guideline value is essential for anyone looking to engage in real estate transactions in this area. It ensures that all parties are aware of the financial implications involved in the registration process.

Frequently asked questions

What is the current guideline value of Avinashi Road 60 Feet (North Side)?

The current guideline value of Avinashi Road 60 Feet (North Side) is Rs 4,480 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 2,995 per sq.ft in 2007 to Rs 4,480 per sq.ft in 2024, with various increases and decreases in between.

What is the land classification for Avinashi Road 60 Feet (North Side)?

The land classification for Avinashi Road 60 Feet (North Side) is Commercial Special Type - I.

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

For a 1,000 sq.ft plot at the current guideline value, the total fees would amount to Rs 4,03,200, which includes stamp duty and registration fees.

Which office handles the registration for properties in this area?

The registration for properties in Avinashi Road 60 Feet (North Side) is handled by the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.