Guideline Value

Corporate

Guideline Value for Air India Road

₹4400/sq.ft.

The guideline value for Air India Road in Ward-1 village (Coimbatore North Joint 1 SRO, Coimbatore zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Iii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward-1

Village

Coimbatore North Joint 1

SRO

Residential Special Type - III
History
Period Guideline Value
From 1-7-2024 ₹4400 /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 ₹1205 /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)

District Registarar Office, Syryan Church Road, Corporattion Marriage Centre, Combatore -641001
0422-2303614
[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 Air India Road

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Air India Road guideline value

The current guideline value of Air India Road is Rs 4,400 per sq.ft, effective from 1 July 2024. This road is located in Ward-1 village under the Coimbatore North Joint 1 SRO, and the land classification is Residential Special Type - III.

How the guideline value of Air India Road has changed

The guideline value of Air India Road has seen several revisions over the years. In 2007, the value was Rs 1,205 per sq.ft, which increased significantly to Rs 4,000 per sq.ft in 2012, marking a rise of 232%. However, it then decreased to Rs 2,680 per sq.ft in 2017, a decline of 33%. The most recent revisions show a steady increase, with the value rising to Rs 4,000 per sq.ft in 2023 and then to Rs 4,400 per sq.ft in 2024, reflecting a 10% increase.

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 265%.

Guideline values in Ward-1

In Ward-1, there are 97 streets under the Coimbatore North Joint 1 SRO that carry a 2024 guideline value ranging from Rs 1,400 to Rs 7,900 per sq.ft. The median value for these streets is Rs 3,400 per sq.ft, placing Air India Road's 2024 figure above that median.

Stamp duty and registration fee for property in Air India Road

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value amounts to Rs 44,00,000. The stamp duty at 7% would be Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, totaling Rs 3,96,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Air India Road?

The Sub Registrar Office that covers Air India Road is the Coimbatore North Joint 1 Sub Registrar Office, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward-1

The guideline value is a crucial factor in property transactions, as it determines the minimum value at which a property can be registered. When buying or selling property in Ward-1, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory for the transfer of property ownership.

It is essential for buyers and sellers to be aware of the current guideline value, as it affects the overall cost of the transaction. Proper understanding of these values can help in ensuring compliance with local regulations during property registration.

Frequently asked questions

What is the current guideline value of Air India Road?

The current guideline value of Air India Road is Rs 4,400 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 1,205 per sq.ft in 2007 to Rs 4,400 per sq.ft in 2024, marking an overall increase of 265% over the years.

What are the stamp duty and registration fees for properties on Air India Road?

For a property valued at Rs 44,00,000, the stamp duty would be Rs 3,08,000 and the registration fee would be Rs 88,000, totaling Rs 3,96,000.

Which office handles the registration for Air India Road?

The registration for properties on Air India Road is handled by the Coimbatore North Joint 1 Sub Registrar Office, located at District Registrar Office, Syryan Church Road, Coimbatore -641001.

What is the significance of the guideline value in property transactions?

The guideline value is used to determine the minimum registration value for properties, which impacts the stamp duty and registration fees that must be paid during property transactions in Ward-1.