Guideline Value

Corporate

Guideline Value for Alagesan Main Road-II

₹2750/sq.ft.

The guideline value for Alagesan Main Road-ii 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-ii

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Alagesan Main Road-II guideline value

The current guideline value of Alagesan Main Road-II is Rs 2,750 per sq.ft, effective from 1 July 2024. This street is located in Ward 12 village under the Coimbatore South Joint 1 SRO, classified as Residential Class I Type - I.

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

The guideline value for Alagesan Main Road-II has seen revisions over the years. The register has no figures 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 from 2023 to 2024 reflects a notable increase in the guideline value, indicating a shift in property valuation for this street. The current value aligns with the median guideline value for other streets in Ward 12.

Guideline values in Ward 12

In Ward 12, there are 25 streets under the Coimbatore South Joint 1 SRO that have a 2024 guideline value ranging from Rs 2,500 to Rs 4,000 per sq.ft, with a median of Rs 2,750 per sq.ft. Alagesan Main Road-II's guideline value matches this median.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 2,750 per sq.ft, the total guideline value would be Rs 27,50,000. The stamp duty at 7% would amount to Rs 1,92,500, and the registration fee at 2% would be Rs 55,000, bringing the total charges to Rs 2,47,500. It is important 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 Alagesan Main Road-II?

The Sub Registrar Office that covers Alagesan Main Road-II is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. You can find your SRO for more details.

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

The guideline value plays a crucial role in property transactions in Ward 12. It is used to determine the stamp duty and registration fees that must be paid when buying or selling property. This ensures that the government receives the appropriate revenue based on the property's assessed value.

When registering a property, the guideline value is referenced to calculate the applicable fees. Buyers should be aware that these costs can significantly affect the overall expenses associated with property transactions.

Frequently asked questions

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

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

How much has the guideline value changed recently?

Recently, the guideline value increased from Rs 2,500 per sq.ft in 2023 to Rs 2,750 per sq.ft in 2024, marking a 10% increase.

What classification does Alagesan Main Road-II fall under?

Alagesan Main Road-II is classified as Residential Class I Type - I.

Where can I find the Sub Registrar Office for Alagesan Main Road-II?

The Sub Registrar Office for Alagesan Main Road-II is located at No.410a, Raja Street, Coimbatore-641001.

How is the stamp duty calculated for properties in Alagesan Main Road-II?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a property valued at Rs 27,50,000 would incur a stamp duty of Rs 1,92,500 at 7%.