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Guideline Value

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Guideline Value for Appusamy Layout (or) Appusamy Naidu Road

₹3300/sq.ft.

The guideline value for Appusamy Layout (or) Appusamy Naidu Road in Ward 10 village (Peelamedu SRO, Coimbatore zone) is Rs 3300 per sq.ft, effective 1 July 2024. It was Rs 3000 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward 10

Village

Peelamedu

SRO

Commercial Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹3300 /sq.ft.
From 1-4-2023 ₹3000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2010 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹900 /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)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222947
[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 Appusamy Layout (or) Appusamy Naidu Road

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Appusamy Layout (or) Appusamy Naidu Road guideline value

The current guideline value of Appusamy Layout (or) Appusamy Naidu Road is Rs 3,300 per sq.ft, effective from 1 July 2024. This property is located in Ward 10 village and falls under the Peelamedu SRO, classified as Commercial Special Type - II.

How the guideline value of Appusamy Layout (or) Appusamy Naidu Road has changed

The guideline value for Appusamy Layout (or) Appusamy Naidu Road has seen several revisions over the years. In 2007, the guideline value was Rs 900 per sq.ft, which increased significantly to Rs 3,000 per sq.ft in 2012, marking a rise of 233%. However, from 2012 to 2017, the value decreased to Rs 2,010 per sq.ft, a drop of 33%. The value then increased again to Rs 3,000 per sq.ft in 2023, reflecting a rise of 49%. The most recent revision in 2024 set the guideline value at Rs 3,300 per sq.ft, representing a 10% increase from the previous year.

It is important to note that there are no figures available for the years 2002 and 2003 for this street in the register. Overall, from 2007 to 2024, the guideline value has increased by 267%.

Guideline values in Ward 10

In Ward 10, there are a total of 224 streets under the Peelamedu SRO that have a 2024 guideline value ranging from Rs 1,000 to Rs 7,700 per sq.ft, with a median value of Rs 2,200 per sq.ft. The guideline value for Appusamy Layout (or) Appusamy Naidu Road is above this median.

Stamp duty and registration fee for property in Appusamy Layout (or) Appusamy Naidu Road

For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the total guideline value amounts to Rs 33,00,000. The stamp duty at 7% would be Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, bringing the total to Rs 2,97,000. Please 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 more details.

Which Sub Registrar Office covers Appusamy Layout (or) Appusamy Naidu Road?

The Sub Registrar Office that covers Appusamy Layout (or) Appusamy Naidu Road is the Peelamedu Sub Registrar Office, located at 6/1, Grd Road, Redfields, Coimbatore - 18, 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 Ward 10

The guideline value plays a crucial role in the registration process when buying or selling property in Ward 10. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid at the time of registration.

When a property is sold, the guideline value is used to assess the applicable duties, ensuring that both the buyer and seller are aware of the financial obligations involved in the transaction. This helps in maintaining transparency and standardization in property dealings.

Frequently asked questions

What is the current guideline value of Appusamy Layout?

The current guideline value of Appusamy Layout (or) Appusamy Naidu Road is Rs 3,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 900 per sq.ft in 2007 to Rs 3,300 per sq.ft in 2024, showing an overall increase of 267% over the years.

What is the land classification for Appusamy Layout?

Appusamy Layout (or) Appusamy Naidu Road is classified as Commercial Special Type - II.

Where is the Sub Registrar Office located?

The Peelamedu Sub Registrar Office is located at 6/1, Grd Road, Redfields, Coimbatore - 18, in the Coimbatore registration zone.

How is the stamp duty calculated for property transactions?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. The current rate for stamp duty in Tamil Nadu is 7% of the guideline value.