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Guideline Value

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Guideline Value for Appanaickenpalayam (Ward No.16)

₹1014/sq.ft.

The guideline value for Appanaickenpalayam (ward No.16) in Thudiyalur village (Periyanayakkan Palayam SRO, Coimbatore zone) is Rs 1014 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 1% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Thudiyalur

Village

Periyanayakkan Palayam

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹1014 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹234 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹350 /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)

No.171,kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020
0422-2469010
[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 Appanaickenpalayam (ward No.16)

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Appanaickenpalayam (Ward No.16) guideline value

The current guideline value for Appanaickenpalayam (Ward No.16) is Rs 1,014 per sq.ft, effective from 1 July 2024. This area is located in Thudiyalur village under the Periyanayakkan Palayam SRO, classified as Residential Class II Type - II.

How the guideline value of Appanaickenpalayam (Ward No.16) has changed

Over the years, the guideline value for Appanaickenpalayam (Ward No.16) has seen significant changes. The 2012 revision set the value at Rs 350 per sq.ft, which then decreased to Rs 234 per sq.ft in 2017. Following this, the value surged to Rs 1,000 per sq.ft in 2023, and currently stands at Rs 1,014 per sq.ft as of the 2024 revision. Notably, there are no figures available for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, there was a decrease of 33%, but from 2017 to 2023, the value increased dramatically by 327%. The overall change from 2012 to 2024 reflects an increase of 190% in the guideline value.

Guideline values in Thudiyalur

In Thudiyalur, there are 282 streets under the Periyanayakkan Palayam SRO that have a 2024 guideline value ranging from Rs 1,001 to Rs 4,000 per sq.ft. The median guideline value for these streets is Rs 1,019 per sq.ft, indicating that the 2024 figure for Appanaickenpalayam (Ward No.16) is below this median.

Stamp duty and registration fee for property in Appanaickenpalayam (Ward No.16)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,014 per sq.ft, the total guideline value would be Rs 10,14,000. The stamp duty at 7% would amount to Rs 70,980, and the registration fee at 2% would be Rs 20,280, bringing the total fees together to Rs 91,260. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Appanaickenpalayam (Ward No.16)?

The Sub Registrar Office covering Appanaickenpalayam (Ward No.16) is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Thudiyalur. It serves as a benchmark for determining the stamp duty and registration fees, ensuring that these costs are calculated based on the official valuation rather than the sale price alone.

When a property is registered, the guideline value is used to assess the applicable fees, which can impact the overall cost of the transaction. Buyers and sellers should be aware of the guideline value to understand their financial obligations during the property transfer process.

Frequently asked questions

What is the current guideline value for Appanaickenpalayam (Ward No.16)?

The current guideline value for Appanaickenpalayam (Ward No.16) is Rs 1,014 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 350 per sq.ft in 2012 to Rs 234 per sq.ft in 2017, then increased to Rs 1,000 per sq.ft in 2023, and is now Rs 1,014 per sq.ft in 2024.

What is the land classification for Appanaickenpalayam (Ward No.16)?

The land classification for Appanaickenpalayam (Ward No.16) is Residential Class II Type - II.

Where is the Sub Registrar Office located for Appanaickenpalayam (Ward No.16)?

The Sub Registrar Office for Appanaickenpalayam (Ward No.16) is located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

How is the stamp duty calculated for property in Appanaickenpalayam (Ward No.16)?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 10,14,000, the stamp duty at 7% would be Rs 70,980.