Guideline Value

Corporate

Guideline Value for AndiKadu (288/2)

₹200/sq.ft.

The guideline value for Andikadu (288/2) in Nallampatti village (Thingalur SRO, Coimbatore zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Nallampatti

Village

Thingalur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹200 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹54 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹80 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 ₹7 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Subregistrar Office, 7/86,kasukaranpalayam,thingalur, Perundurai Tk, Erode Dt-638055
04294-299302
[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 Andikadu (288/2)

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AndiKadu (288/2) guideline value

The current guideline value for AndiKadu (288/2) is Rs 200 per sq.ft, effective from 1 July 2024. This property is located in Nallampatti village under the Thingalur SRO, classified as Residential Class I Type - I.

How the guideline value of AndiKadu (288/2) has changed

The guideline value for AndiKadu (288/2) has seen significant changes over the years. In 2003, the guideline value was Rs 7 per sq.ft, which increased to Rs 80 per sq.ft in 2012. However, there was a decrease of 33% to Rs 54 per sq.ft in 2017. The value then rose dramatically to Rs 200 per sq.ft in both 2023 and the latest revision in 2024, reflecting an overall increase of 270% from 2017 to 2023 and a total increase of 2757% from 2003 to 2024.

It is important to note that the register has no figures for the years 2002 and 2007 for this street. The value remained at Rs 200 per sq.ft from 2023 to 2024, indicating stability in the guideline value during this period.

Guideline values in Nallampatti

In Nallampatti, there are 58 streets under the Thingalur SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 250 per sq.ft, with a median value of Rs 200 per sq.ft. The guideline value for AndiKadu (288/2) is equal to this median.

Stamp duty and registration fee for property in AndiKadu (288/2)

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value would be Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total to Rs 18,000. It is essential 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 accurate calculations based on your property details.

Which Sub Registrar Office covers AndiKadu (288/2)?

The Sub Registrar Office covering AndiKadu (288/2) is the Thingalur Sub Registrar Office, located at 7/86, Kasukaranpalayam, Thingalur, Perundurai Tk, Erode Dt-638055, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration process when buying or selling property in Nallampatti. It is used to determine the stamp duty and registration fees that must be paid, ensuring that these costs are calculated based on the official value set by the Registration Department.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the correct revenue based on the property's value as recognized in the official register.

Frequently asked questions

What is the current guideline value for AndiKadu (288/2)?

The current guideline value for AndiKadu (288/2) is Rs 200 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 7 per sq.ft in 2003 to Rs 200 per sq.ft in 2024, representing a total increase of 2757% over this period.

Which Sub Registrar Office should I visit for property registration in AndiKadu?

The Thingalur Sub Registrar Office is responsible for property registrations in AndiKadu (288/2). The office is located at 7/86, Kasukaranpalayam, Thingalur, Perundurai Tk, Erode Dt-638055, Coimbatore registration zone.

What are the stamp duty and registration fees for a property in AndiKadu?

For a property valued at Rs 2,00,000, the stamp duty would be Rs 14,000 and the registration fee would be Rs 4,000, totaling Rs 18,000.

How is the guideline value determined for properties in Nallampatti?

The guideline value is determined by the Registration Department and is based on various factors, including land classification and historical value revisions. It is used to establish the official value for property transactions.