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Guideline Value

Corporate

Guideline Value for Adhi Dravida Street-Pachapalayam

₹220/sq.ft.

The guideline value for Adhi Dravida Street-pachapalayam in P. Chettipalayam village (Coimbatore South Joint 1 SRO, Coimbatore zone) is Rs 220 per sq.ft, effective 1 July 2024. It was Rs 200 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

P. Chettipalayam

Village

Coimbatore South Joint 1

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹220 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 N/A
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)

Coimbatore South Joint 1 Sub Registrar Office, No.410a, Raja Street, Coimbatore-641001
0422-2304592
[email protected]

DRO (District Registrar Office)

District Registrar Office Coimbatore (south), Fifth Floor, Singapore Plaza, Crosscut Road, Gandhipuram, Coimbatore 641012.
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[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Adhi Dravida Street-pachapalayam

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Adhi Dravida Street-Pachapalayam guideline value

The current guideline value of Adhi Dravida Street-Pachapalayam is Rs 220 per sq.ft, effective from 1 July 2024. This street is located in P. Chettipalayam village under the Coimbatore South Joint 1 SRO, classified as Residential Class II Type - II.

How the guideline value of Adhi Dravida Street-Pachapalayam has changed

The guideline value for Adhi Dravida Street-Pachapalayam has undergone several revisions. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 200 per sq.ft, which increased to Rs 220 per sq.ft in the 2024 revision, marking a change of +10%.

In summary, the guideline value for this street was Rs 200 per sq.ft in 2023 and has risen to Rs 220 per sq.ft in 2024. The most recent revision reflects the current market conditions as assessed by the Registration Department.

Guideline values in P. Chettipalayam

P. Chettipalayam has a total of 240 streets under the Coimbatore South Joint 1 SRO, with guideline values ranging from Rs 220 to Rs 1,300 per sq.ft. The median guideline value in this area is Rs 470 per sq.ft, placing Adhi Dravida Street-Pachapalayam's 2024 figure below that median.

Stamp duty and registration fee for property in Adhi Dravida Street-Pachapalayam

For a 1,000 sq.ft plot at the current rate of Rs 220 per sq.ft, the guideline value amounts to Rs 2,20,000. The stamp duty at 7% would be Rs 15,400, and the registration fee at 2% would be Rs 4,400, totaling Rs 19,800. 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 details.

Which Sub Registrar Office covers Adhi Dravida Street-Pachapalayam?

The Sub Registrar Office covering Adhi Dravida Street-Pachapalayam is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001, in the Coimbatore registration zone. You can find your SRO for further assistance.

How the guideline value is used when you buy or sell in P. Chettipalayam

The guideline value is a critical factor in property transactions in P. Chettipalayam, as it determines the minimum value at which properties can be registered. Buyers and sellers must consider this value when negotiating sale prices, as it influences the applicable stamp duty and registration fees.

At the time of registration, the stamp duty is calculated based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions, reflecting the current market conditions.

Frequently asked questions

What is the current guideline value of Adhi Dravida Street-Pachapalayam?

The current guideline value of Adhi Dravida Street-Pachapalayam is Rs 220 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for this street was Rs 200 per sq.ft in 2023 and increased to Rs 220 per sq.ft in 2024. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification of Adhi Dravida Street-Pachapalayam?

Adhi Dravida Street-Pachapalayam is classified as Residential Class II Type - II. This classification is important for determining the appropriate uses for the land.

What are the stamp duty rates for properties in this area?

The stamp duty rate for properties in Adhi Dravida Street-Pachapalayam is 7%. This is applied to the higher of the guideline value or the sale price during registration.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office for Adhi Dravida Street-Pachapalayam is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. This office handles all registration activities for the area.