Guideline Value

Corporate

Guideline Value for Alagesan Main Road-1

₹2750/sq.ft.

The guideline value for Alagesan Main Road-1 in Ward 12 village (Coimbatore South Joint 1 SRO, Coimbatore zone) is Rs 2750 per sq.ft, effective 1 July 2024. It was Rs 2500 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

Ward 12

Village

Coimbatore South Joint 1

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2750 /sq.ft.
From 1-4-2023 ₹2500 /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 Alagesan Main Road-1

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Alagesan Main Road-1 guideline value

The current guideline value of Alagesan Main Road-1 is Rs 2,750 per sq.ft, effective from 1 July 2024. This street is located in the village of Coimbatore South Joint 1 under the Coimbatore South Joint 1 SRO, classified as Residential Class I Type - I.

How the guideline value of Alagesan Main Road-1 has changed

The guideline value for Alagesan Main Road-1 has undergone several revisions over the years. The register has no figure for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was set at Rs 2,500 per sq.ft, which was then increased by 10% to Rs 2,750 per sq.ft in the 2024 revision.

This change reflects the adjustments made to the guideline value as per the latest revision. The 2024 figure aligns with the median guideline value for the 25 streets in Ward 12, which ranges from Rs 2,500 to Rs 4,000 per sq.ft.

Guideline values in Ward 12

In Ward 12, the guideline values for various streets range from Rs 2,500 to Rs 4,000 per sq.ft, with a median of Rs 2,750 per sq.ft. Alagesan Main Road-1's 2024 guideline value is equal to this median.

Stamp duty and registration fee for property in Alagesan Main Road-1

For a 1,000 sq.ft plot at the current rate of Rs 2,750 per sq.ft, the guideline value amounts to Rs 27,50,000. The stamp duty at 7% would be Rs 1,92,500, and the registration fee at 2% would be Rs 55,000, totaling Rs 2,47,500. Please note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Alagesan Main Road-1?

The Sub Registrar Office covering Alagesan Main Road-1 is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001, Coimbatore registration zone. For more information, you can find your SRO.

How the guideline value is used when you buy or sell in Ward 12

The guideline value is a crucial factor during property registration in Ward 12. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the guideline value is used to calculate the applicable duties and fees, ensuring that the transaction is compliant with local regulations. Buyers should be aware of these values to avoid any surprises during the registration process.

Frequently asked questions

What is the current guideline value of Alagesan Main Road-1?

The current guideline value of Alagesan Main Road-1 is Rs 2,750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,500 per sq.ft in 2023 to Rs 2,750 per sq.ft in 2024, reflecting a 10% increase. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017.

What is the classification of Alagesan Main Road-1?

Alagesan Main Road-1 is classified as Residential Class I Type - I, indicating its suitability for residential development.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 27,50,000, the stamp duty would be Rs 1,92,500, and the registration fee would be Rs 55,000, totaling Rs 2,47,500. These fees are calculated based on the guideline value or the sale price, whichever is higher.

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

The Sub Registrar Office for Alagesan Main Road-1 is located at No.410a, Raja Street, Coimbatore-641001, Coimbatore registration zone. You can find more information online.