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Guideline Value

Corporate

Guideline Value for Abirami Nagar (ward No. 18)

₹1100/sq.ft.

The guideline value for Abirami Nagar (ward No. 18) in Vadavalli village (Vadavalli SRO, Coimbatore zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Vadavalli

Village

Vadavalli

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /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)

Subregistrar Office, Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046
0422-2425260
[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 Abirami Nagar (ward No. 18)

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Abirami Nagar (ward No. 18) guideline value

The current guideline value of Abirami Nagar (ward No. 18) is Rs 1,100 per sq.ft, effective from 1 July 2024. This area is located in Vadavalli village and falls under the Vadavalli SRO, classified as Residential Class I Type - I.

How the guideline value of Abirami Nagar (ward No. 18) has changed

The guideline value for Abirami Nagar has seen several revisions over the years. In the 2012 revision, the value was set at Rs 1,000 per sq.ft. This changed to Rs 670 per sq.ft in the 2017 revision, marking a decrease of 33%. However, from 2017 to 2023, the value increased significantly by 49%, reaching Rs 1,000 per sq.ft. The most recent 2024 revision has further raised the guideline value to Rs 1,100 per sq.ft, reflecting a 10% increase from the previous year.

It is important to note that the register does not provide figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Vadavalli

In Vadavalli, there are 461 streets under the Vadavalli SRO that carry a 2024 guideline value, ranging from Rs 1,000 to Rs 2,200 per sq.ft. The median value for these streets is Rs 1,100 per sq.ft, which matches the current guideline value for Abirami Nagar (ward No. 18).

Stamp duty and registration fee for property in Abirami Nagar (ward No. 18)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total fees to Rs 99,000. It is essential to note that the 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 Abirami Nagar (ward No. 18)?

The Sub Registrar Office that covers Abirami Nagar (ward No. 18) is the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046, in the Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Vadavalli. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency in property transactions.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees. Buyers must pay these fees based on the guideline value or the actual sale price, whichever is higher, thereby ensuring that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Abirami Nagar (ward No. 18)?

The current guideline value of Abirami Nagar (ward No. 18) is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,100 per sq.ft in 2024.

What is the land classification of Abirami Nagar (ward No. 18)?

Abirami Nagar (ward No. 18) is classified as Residential Class I Type - I.

Where can I find the Sub Registrar Office for Abirami Nagar (ward No. 18)?

The Sub Registrar Office for Abirami Nagar (ward No. 18) is located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.

How are stamp duty and registration fees calculated in Vadavalli?

Stamp duty and registration fees in Vadavalli are calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the guideline value of Rs 1,100 per sq.ft, the total fees would be Rs 99,000.