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Guideline Value

Corporate

Guideline Value for AZHAGUMURUGAN NAGAR

₹280/sq.ft.

The guideline value for Azhagumurugan Nagar in Kallipalayam village (Ganapathy SRO, Coimbatore zone) is Rs 280 per sq.ft, effective 1 July 2024. It was Rs 250 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

Kallipalayam

Village

Ganapathy

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹280 /sq.ft.
From 1-4-2023 ₹250 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹167 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹250 /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)

Sankaralinganar Road, Maniyakaranpalayam , Ganapathy, Coimbatore. 641006.
0422-2539950
[email protected]

DRO (District Registrar Office)

District Registara Office, Syriyan Church Road, Corporation Marriage Hall, Coimbatore -641001
0422-2300722
[email protected],[email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Azhagumurugan Nagar

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Azhagumurugan Nagar guideline value

The current guideline value of Azhagumurugan Nagar is Rs 280 per sq.ft, effective from 1 July 2024. This area is located in Kallipalayam village under the Ganapathy Sub Registrar Office (SRO) and is classified as Residential Class I Type - I.

How the guideline value of Azhagumurugan Nagar has changed

The guideline value for Azhagumurugan Nagar has undergone several revisions over the years. The earliest revision available is from 2012, where the guideline value was Rs 250 per sq.ft. This value changed to Rs 167 per sq.ft in the 2017 revision, marking a decrease of 33%. In 2023, the value increased to Rs 250 per sq.ft, and in the latest 2024 revision, it rose to Rs 280 per sq.ft, reflecting a 12% increase from the previous year.

From 2012 to 2024, the overall change in the guideline value is an increase of 12%. The revisions from 2017 to 2023 showed a significant increase of 50%, indicating a notable rise in the guideline value during that period. It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street.

Guideline values in Kallipalayam

Kallipalayam village has 72 streets under the Ganapathy SRO, with the 2024 guideline values ranging from Rs 220 to Rs 1,200 per sq.ft. The median guideline value for these streets is Rs 280 per sq.ft, which is equal to the 2024 guideline value of Azhagumurugan Nagar.

Stamp duty and registration fee for property in Azhagumurugan Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 280 per sq.ft, the total guideline value amounts to Rs 2,80,000. The stamp duty at 7% would be Rs 19,600, and the registration fee at 2% would be Rs 5,600, bringing the total fees together to Rs 25,200. It is important to note that the 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 information.

Which Sub Registrar Office covers Azhagumurugan Nagar?

The Azhagumurugan Nagar area falls under the Ganapathy Sub Registrar Office located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Kallipalayam

The guideline value is a crucial factor in the registration process when buying or selling property in Kallipalayam. It serves as a benchmark for determining the minimum value of a property, which affects the stamp duty and registration fees applicable during the transaction.

When a property is sold, the guideline value is used to calculate the applicable duties and fees, ensuring that the registration process is transparent and standardized. Buyers and sellers should be aware of the current guideline value to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value of Azhagumurugan Nagar?

The current guideline value of Azhagumurugan Nagar is Rs 280 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 250 per sq.ft in 2012 to Rs 167 per sq.ft in 2017, then back to Rs 250 per sq.ft in 2023, and finally to Rs 280 per sq.ft in 2024.

What is the median guideline value in Kallipalayam?

The median guideline value for streets in Kallipalayam is Rs 280 per sq.ft, which is the same as the current guideline value for Azhagumurugan Nagar.

What are the stamp duty and registration fees for property in Azhagumurugan Nagar?

For a property valued at Rs 2,80,000, the stamp duty would be Rs 19,600 and the registration fee would be Rs 5,600, totaling Rs 25,200.

Where is the Ganapathy Sub Registrar Office located?

The Ganapathy Sub Registrar Office is located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006.