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Guideline Value

Corporate

Guideline Value for Ambethkar Veedhi Thottasalai

₹380/sq.ft.

The guideline value for Ambethkar Veedhi Thottasalai in Narasimmanaickenpalayam village (Periyanayakkan Palayam SRO, Coimbatore zone) is Rs 380 per sq.ft, effective 1 July 2024. It was Rs 341 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Narasimmanaickenpalayam

Village

Periyanayakkan Palayam

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹380 /sq.ft.
From 1-4-2023 ₹341 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹228 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹340 /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)

No.171,kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020
0422-2469010
[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 Ambethkar Veedhi Thottasalai

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Ambethkar Veedhi Thottasalai guideline value

The current guideline value of Ambethkar Veedhi Thottasalai is Rs 380 per sq.ft, effective from 1 July 2024. This street is located in Narasimmanaickenpalayam village, under the Periyanayakkan Palayam SRO. The land classification for this area is Residential Class I Type - II.

How the guideline value of Ambethkar Veedhi Thottasalai has changed

The guideline value for Ambethkar Veedhi Thottasalai has seen several revisions over the years. In 2012, the guideline value was Rs 340 per sq.ft, which decreased to Rs 228 per sq.ft in 2017. The value then increased significantly to Rs 341 per sq.ft in 2023, and the most recent revision in 2024 set the value at Rs 380 per sq.ft. Notably, there are no figures available for the years 2002, 2003, and 2007.

Between the revisions, the changes are as follows: from 2012 to 2017, there was a decrease of 33%, followed by a substantial increase of 50% from 2017 to 2023. The value then increased by 11% from 2023 to 2024. Overall, from 2012 to 2024, the guideline value has increased by 12%.

Guideline values in Narasimmanaickenpalayam

Narasimmanaickenpalayam has a total of 153 streets under the Periyanayakkan Palayam SRO, with guideline values ranging from Rs 220 to Rs 1,340 per sq.ft. The median guideline value in this village is Rs 310 per sq.ft, making the current guideline value of Ambethkar Veedhi Thottasalai above the median.

Stamp duty and registration fee for property in Ambethkar Veedhi Thottasalai

For a 1,000 sq.ft plot at the current guideline value of Rs 380 per sq.ft, the total guideline value would be Rs 3,80,000. The stamp duty at 7% would amount to Rs 26,600, and the registration fee at 2% would be Rs 7,600, making the total cost for these fees Rs 34,200. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Ambethkar Veedhi Thottasalai?

The Sub Registrar Office that covers Ambethkar Veedhi Thottasalai is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Narasimmanaickenpalayam. It serves as a reference point for determining the stamp duty and registration fees applicable to the transaction.

When a property is sold, the guideline value is compared to the sale price. The higher of the two values is used to calculate the applicable duties and fees, ensuring that the correct amounts are levied during the registration process.

Frequently asked questions

What is the current guideline value of Ambethkar Veedhi Thottasalai?

The current guideline value of Ambethkar Veedhi Thottasalai is Rs 380 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 340 per sq.ft in 2012 to Rs 228 per sq.ft in 2017, then increased to Rs 341 per sq.ft in 2023, and finally to Rs 380 per sq.ft in 2024.

What is the median guideline value in Narasimmanaickenpalayam?

The median guideline value in Narasimmanaickenpalayam is Rs 310 per sq.ft, with Ambethkar Veedhi Thottasalai's value being above this median.

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

The stamp duty is charged at 7%, and the registration fee is charged at 2% of the higher value between the guideline value and the sale price.

Where is the Sub Registrar Office for Ambethkar Veedhi Thottasalai located?

The Periyanayakkan Palayam Sub Registrar Office is located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.