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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 - K 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 - K

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 - K village, under the Tiruppur Joint I SRO, and is classified as Commercial Special Type - I.

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

Over the years, the guideline value of Avinashi Road 60 Feet (North Side) has seen significant changes. The earliest recorded revision in 2007 set the value at Rs 2,995 per sq.ft, which then increased to Rs 4,000 per sq.ft in 2012. However, there was a decrease to Rs 2,680 per sq.ft in 2017. From 2017 to 2023, the value surged to Rs 4,000 per sq.ft, marking a 49% increase. The latest revision in 2024 has further raised the guideline value to Rs 4,480 per sq.ft, reflecting a 12% increase from the previous year.

There are no figures available for the years 2002 and 2003 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 50%.

Guideline values in Ward - K

In Ward - K, there are 175 streets under the Tiruppur Joint I SRO, with guideline values ranging from Rs 780 to Rs 4,480 per sq.ft. The median value for this ward is Rs 1,120 per sq.ft, making the 2024 guideline value of Avinashi Road 60 Feet (North Side) above the 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 amount to Rs 3,13,600, and the registration fee at 2% would be Rs 89,600, bringing the total to Rs 4,03,200. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

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

The Avinashi Road 60 Feet (North Side) 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 more information.

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

The guideline value plays a crucial role during the registration process of property transactions in Ward - K. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property.

When a property is registered, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the registration process is aligned with the official valuation set by the authorities.

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 from Rs 2,995 per sq.ft in 2007 to Rs 4,480 per sq.ft in 2024, reflecting an overall increase of 50% over the years.

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.

Where can I find the Sub Registrar Office for Avinashi Road 60 Feet (North Side)?

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

How is the stamp duty calculated for properties in Ward - K?

The stamp duty for properties in Ward - K is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 44,80,000, the stamp duty at 7% would be Rs 3,13,600.