Guideline Value

Corporate

Guideline Value for Ambrose Street

₹1120/sq.ft.

The guideline value for Ambrose Street in Sanganur. village (Gandhipuram SRO, Coimbatore zone) is Rs 1120 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Sanganur.

Village

Gandhipuram

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹1120 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹550 /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)

Sro Gandhipuram,kalapatti Road,near Saravanampatti Poilce Station,saravanampatti-641035
0422-2666669
[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 Ambrose Street

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Ambrose Street guideline value

The current guideline value of Ambrose Street is Rs 1,120 per sq.ft, effective from 1 July 2024. This street is located in Sanganur, under the Gandhipuram SRO, and falls under the Residential Class I Type - III land classification.

How the guideline value of Ambrose Street has changed

Over the years, the guideline value of Ambrose Street has seen several revisions. The 2024 revision sets the value at Rs 1,120 per sq.ft, an increase from Rs 1,000 per sq.ft in 2023, marking a change of +12%. Prior to that, in 2017, the value was Rs 670 per sq.ft, reflecting a significant increase of +49% by 2023. The 2012 revision had the value at Rs 1,000 per sq.ft, which was a decrease of -33% from Rs 670 per sq.ft in 2017. The 2007 revision recorded a value of Rs 550 per sq.ft, which was an increase of +82% from the previous revision. The register has no figures for the years 2002 and 2003.

Looking at the overall changes, from 2007 to 2024, the guideline value has increased by +104%. The 2024 figure of Rs 1,120 per sq.ft aligns with the median value of Rs 1,120 per sq.ft for the 394 streets in Sanganur under the Gandhipuram SRO, which range from Rs 1,100 to Rs 10,080 per sq.ft.

Guideline values in Sanganur.

In Sanganur, the guideline values vary significantly, with the 2024 figures for other streets ranging from Rs 1,100 to Rs 10,080 per sq.ft. Ambrose Street's current guideline value matches the median of Rs 1,120 per sq.ft. Below are the guideline values for other streets in Sanganur:

Stamp duty and registration fee for property in Ambrose Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,120 per sq.ft, the total guideline value would be Rs 11,20,000. The stamp duty at 7% would amount to Rs 78,400, and the registration fee at 2% would be Rs 22,400, leading to a total of Rs 1,00,800. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Ambrose Street?

The Sub Registrar Office that covers Ambrose Street is the Gandhipuram Sub Registrar Office, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role when buying or selling property in Sanganur. It is used to determine the stamp duty and registration fees that need to be paid during the registration process. Buyers should be aware that the guideline value can impact the overall cost of property transactions.

When registering a property, the guideline value is compared with the sale price, and the higher figure is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Ambrose Street?

The current guideline value of Ambrose Street is Rs 1,120 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 550 per sq.ft in 2007 to Rs 1,120 per sq.ft in 2024, reflecting an overall increase of +104%.

What are the stamp duty and registration fees for property in Ambrose Street?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a plot of 1,000 sq.ft, the total cost for these fees would be Rs 1,00,800.

Which Sub Registrar Office covers Ambrose Street?

The Gandhipuram Sub Registrar Office covers Ambrose Street, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

What is the land classification of Ambrose Street?

Ambrose Street falls under the Residential Class I Type - III land classification.