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Guideline Value

Corporate

Guideline Value for Andhiyur Road (Thiruvalluvar Nagar )

₹1445/sq.ft.

The guideline value for Andhiyur Road (thiruvalluvar Nagar ) in Bhavani village (Bhavani SRO, Coimbatore zone) is Rs 1445 per sq.ft, effective 1 July 2024. It was Rs 500 per sq.ft from 1 April 2023, a 189% change. The land classification is Commercial Special Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Bhavani

Village

Bhavani

SRO

Commercial Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1445 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹400 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹370 /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)

D.no.353/300s Bhavani Taluk Office Compound Mettur Main Road Bhavani 638301
04256-299488
[email protected]

DRO (District Registrar Office)

Dr Office Compound, Annasathya Nagar, Iraniyan Street, Rangampalayam, Erode - 638 009.
0424-2330031
[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Andhiyur Road (thiruvalluvar Nagar )

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Andhiyur Road (Thiruvalluvar Nagar ) guideline value

The current guideline value of Andhiyur Road (Thiruvalluvar Nagar) is Rs 1,445 per sq.ft, effective from 1 July 2024. This street is located in Bhavani village, under the Bhavani SRO, and is classified as Commercial Special Type - I.

How the guideline value of Andhiyur Road (Thiruvalluvar Nagar ) has changed

The guideline value for Andhiyur Road has seen significant changes over the years. In the 2007 revision, the value was Rs 370 per sq.ft, which increased to Rs 400 per sq.ft in 2012. However, it dropped to Rs 335 per sq.ft in 2017. The 2023 revision marked a substantial increase to Rs 500 per sq.ft, and the most recent 2024 revision has further increased the guideline value to Rs 1,445 per sq.ft, reflecting a change of +189% from 2023 to 2024.

Overall, from the 2007 revision to the current 2024 figure, there has been an increase of +291%. Notably, there are no figures available for the years 2002 and 2003 for this street.

Guideline values in Bhavani

In Bhavani village, there are 55 streets under the Bhavani SRO that carry a 2024 guideline value, ranging from Rs 400 to Rs 1,445 per sq.ft. The median value among these streets is Rs 600 per sq.ft, placing Andhiyur Road's 2024 value above this median.

Stamp duty and registration fee for property in Andhiyur Road (Thiruvalluvar Nagar )

For a 1,000 sq.ft plot at the current rate of Rs 1,445 per sq.ft, the guideline value amounts to Rs 14,45,000. The stamp duty at 7% would be Rs 1,01,150, and the registration fee at 2% would be Rs 28,900, bringing the total to Rs 1,30,050. 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 Andhiyur Road (Thiruvalluvar Nagar )?

The Sub Registrar Office that covers Andhiyur Road (Thiruvalluvar Nagar) is the Bhavani Sub Registrar Office, located at D.no.353/300s Bhavani Taluk Office Compound Mettur Main Road Bhavani 638301, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor in the registration process of property transactions in Bhavani. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is transparent and fair.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees, which are mandatory for the legal transfer of property ownership. Buyers should be aware that these fees are based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Andhiyur Road (Thiruvalluvar Nagar)?

The current guideline value of Andhiyur Road (Thiruvalluvar Nagar) is Rs 1,445 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 370 per sq.ft in 2007 to Rs 1,445 per sq.ft in 2024, representing an overall increase of +291% over the years.

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

For a property valued at Rs 14,45,000, the stamp duty would be Rs 1,01,150 and the registration fee would be Rs 28,900, totaling Rs 1,30,050.

Which office handles property registrations in Bhavani?

The Bhavani Sub Registrar Office handles property registrations in Bhavani, located at D.no.353/300s Bhavani Taluk Office Compound Mettur Main Road Bhavani 638301, Coimbatore registration zone.

What is the median guideline value for streets in Bhavani?

The median guideline value for streets in Bhavani is Rs 600 per sq.ft, with Andhiyur Road's current value of Rs 1,445 per sq.ft being above this median.