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Guideline Value for Annai Indira Nagar Cross Street I (Ward 18)

₹1055/sq.ft.

The guideline value for Annai Indira Nagar Cross Street I (ward 18) in Kurichi village (Coimbatore North Joint 1 SRO, Coimbatore zone) is Rs 1055 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Kurichi

Village

Coimbatore North Joint 1

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹1055 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /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)

District Registarar Office, Syryan Church Road, Corporattion Marriage Centre, Combatore -641001
0422-2303614
[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 Annai Indira Nagar Cross Street I (ward 18)

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Annai Indira Nagar Cross Street I (Ward 18) guideline value

The current guideline value for Annai Indira Nagar Cross Street I (Ward 18) is Rs 1,055 per sq.ft, effective from 1 July 2024. This street is located in Kurichi village and falls under the Coimbatore North Joint 1 SRO, classified as Residential Class I Type - III.

How the guideline value of Annai Indira Nagar Cross Street I (Ward 18) has changed

The guideline value for Annai Indira Nagar Cross Street I has undergone several revisions over the years. In 2012, the guideline value was set at Rs 800 per sq.ft, which then decreased to Rs 536 per sq.ft in 2017. Following this, the value significantly increased to Rs 1,000 per sq.ft in 2023, marking an 87% rise from the 2017 figure. The most recent revision in 2024 saw the guideline value further increase to Rs 1,055 per sq.ft, reflecting a 6% rise from the previous year.

There are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has increased by 32%.

Guideline values in Kurichi

In Kurichi, there are 536 streets under the Coimbatore North Joint 1 SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 2,200 per sq.ft, with a median of Rs 1,040 per sq.ft. Annai Indira Nagar Cross Street I's 2024 figure of Rs 1,055 per sq.ft is above this median.

Stamp duty and registration fee for property in Annai Indira Nagar Cross Street I (Ward 18)

For a 1,000 sq.ft plot at the current rate of Rs 1,055 per sq.ft, the guideline value amounts to Rs 10,55,000. The stamp duty at 7% would be Rs 73,850, and the registration fee at 2% would be Rs 21,100, bringing the total to Rs 94,950. 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 Annai Indira Nagar Cross Street I (Ward 18)?

The Coimbatore North Joint 1 Sub Registrar Office covers Annai Indira Nagar Cross Street I. The office is located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Kurichi. It serves as a benchmark for determining the stamp duty and registration fees that buyers need to pay when acquiring property.

When selling property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in the real estate market. This value is essential for both buyers and sellers to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Annai Indira Nagar Cross Street I?

The current guideline value of Annai Indira Nagar Cross Street I (Ward 18) is Rs 1,055 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen significant changes, starting from Rs 800 per sq.ft in 2012, decreasing to Rs 536 per sq.ft in 2017, then rising to Rs 1,000 per sq.ft in 2023, and finally reaching Rs 1,055 per sq.ft in 2024.

What are the other streets in Kurichi with their guideline values?

Other streets in Kurichi include Annai Indira Nagar Cross Street II at Rs 1,055 per sq.ft, A.N Nagar at Rs 1,035 per sq.ft, and Annai Velanganni Nagar at Rs 1,040 per sq.ft, among others.

What is the stamp duty for property in Annai Indira Nagar Cross Street I?

The stamp duty for property in Annai Indira Nagar Cross Street I is 7% of the guideline value. For a 1,000 sq.ft plot, the stamp duty would be Rs 73,850.

Which Sub Registrar Office covers Annai Indira Nagar Cross Street I?

The Coimbatore North Joint 1 Sub Registrar Office covers Annai Indira Nagar Cross Street I, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001.