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Guideline Value

Corporate

Guideline Value for AndiGounder Street (Karikal Cholan Street)

₹2000/sq.ft.

The guideline value for Andigounder Street (karikal Cholan Street) in Ward 4 village (Pollachi SRO, Coimbatore zone) is Rs 2000 per sq.ft, effective 1 July 2024. The land classification is Commercial Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward 4

Village

Pollachi

SRO

Commercial Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹2000 /sq.ft.
From 1-4-2023 ₹2000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1340 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1155 /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)

No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001.
04259-210067
[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 Andigounder Street (karikal Cholan Street)

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AndiGounder Street (Karikal Cholan Street) guideline value

The current guideline value of AndiGounder Street (Karikal Cholan Street) is Rs 2,000 per sq.ft, effective from 1 July 2024. This street is located in Ward 4 village under the Pollachi Sub Registrar Office (SRO) and is classified as Commercial Special Type - II.

How the guideline value of AndiGounder Street (Karikal Cholan Street) has changed

Over the years, the guideline value for AndiGounder Street has experienced several revisions. The 2017 revision set the value at Rs 1,340 per sq.ft, which was a decrease of 33% from the 2012 revision of Rs 2,000 per sq.ft. The 2023 revision maintained the value at Rs 2,000 per sq.ft, showing a significant increase of 49% from the 2017 figure. The 2024 revision also holds the guideline value at Rs 2,000 per sq.ft, indicating no change from the previous year.

The register has no figures for the years 2002 and 2003 for this street. In the earlier years, the 2007 revision set the value at Rs 1,155 per sq.ft, which increased by 73% to Rs 2,000 per sq.ft in 2012. Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 73%.

Guideline values in Ward 4

In Ward 4, there are 116 streets under the Pollachi SRO with a guideline value for 2024 ranging from Rs 300 to Rs 2,500 per sq.ft. The median guideline value in this area is Rs 675 per sq.ft, placing AndiGounder Street's 2024 figure above this median.

Stamp duty and registration fee for property in AndiGounder Street (Karikal Cholan Street)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,000 per sq.ft, the total guideline value would be Rs 20,00,000. The stamp duty at 7% would amount to Rs 1,40,000, and the registration fee at 2% would be Rs 40,000, bringing the total charges to Rs 1,80,000. 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 our stamp duty and registration fee calculator.

Which Sub Registrar Office covers AndiGounder Street (Karikal Cholan Street)?

The Sub Registrar Office that covers AndiGounder Street is the Pollachi Sub Registrar Office, located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001, Coimbatore registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Ward 4

The guideline value plays a crucial role in the registration process of property transactions in Ward 4. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is documented at a fair value according to government standards.

When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees. These fees are essential for the legal transfer of property ownership and are based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of AndiGounder Street?

The current guideline value of AndiGounder Street (Karikal Cholan Street) is Rs 2,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, with the most recent revisions being Rs 2,000 per sq.ft for both 2023 and 2024. The value was Rs 1,340 per sq.ft in 2017, showing a significant increase of 49% to the 2023 figure.

What is the land classification of AndiGounder Street?

AndiGounder Street is classified as Commercial Special Type - II. This classification can influence the types of developments allowed in the area.

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

For a property valued at Rs 20,00,000, the stamp duty would be Rs 1,40,000 and the registration fee would be Rs 40,000, totaling Rs 1,80,000. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Which office handles the registration of properties in AndiGounder Street?

The Pollachi Sub Registrar Office handles the registration of properties in AndiGounder Street. It is located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001, Coimbatore registration zone.