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Guideline Value

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Guideline Value for Appanaickenpalayam (Ward No.18)

₹1014/sq.ft.

The guideline value for Appanaickenpalayam (ward No.18) 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.18)

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Appanaickenpalayam (Ward No.18) guideline value

The current guideline value of Appanaickenpalayam (Ward No.18) is Rs 1,014 per sq.ft, effective from 1 July 2024. This area is located in Thudiyalur village, under the Periyanayakkan Palayam SRO, and is classified as Residential Class II Type - II.

How the guideline value of Appanaickenpalayam (Ward No.18) has changed

The guideline value for Appanaickenpalayam (Ward No.18) has undergone several revisions over the years. In 2012, the value was set at Rs 350 per sq.ft, which decreased to Rs 234 per sq.ft in 2017. However, from 2017 to 2023, it saw a significant increase to Rs 1,000 per sq.ft, marking a 327% rise. The most recent revision in 2024 raised the value to Rs 1,014 per sq.ft, reflecting a 1% increase from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 190%.

Guideline values in Thudiyalur

In Thudiyalur, there are a total of 282 streets under the Periyanayakkan Palayam SRO that carry a guideline value for 2024, ranging from Rs 1,001 to Rs 4,000 per sq.ft. The median value for these streets is Rs 1,019 per sq.ft, placing Appanaickenpalayam (Ward No.18) slightly below this median.

Stamp duty and registration fee for property in Appanaickenpalayam (Ward No.18)

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 to Rs 91,260. It is essential to note that duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Appanaickenpalayam (Ward No.18)?

The Sub Registrar Office that covers Appanaickenpalayam (Ward No.18) is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, in the Coimbatore registration zone. 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 calculating the stamp duty and registration fees, ensuring that these fees are based on a standardized value rather than the negotiated sale price.

When a property is registered, the guideline value is considered to ensure that the transaction is recorded accurately and that the appropriate taxes are collected. This process helps maintain transparency and accountability in real estate transactions.

Frequently asked questions

What is the current guideline value of Appanaickenpalayam (Ward No.18)?

The current guideline value of Appanaickenpalayam (Ward No.18) is Rs 1,014 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased significantly from Rs 350 per sq.ft in 2012 to Rs 1,014 per sq.ft in 2024, marking an overall increase of 190% over this period.

What is the registration office for Appanaickenpalayam (Ward No.18)?

The registration office covering Appanaickenpalayam (Ward No.18) is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

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

For a property valued at the current guideline value of Rs 10,14,000, the stamp duty would be Rs 70,980, and the registration fee would be Rs 20,280, totaling Rs 91,260.

How is the guideline value determined for properties in Thudiyalur?

The guideline value is determined by the Registration Department and is based on various factors, including land classification and the values assigned to other streets in the vicinity. It serves as a standard for calculating taxes during property transactions.