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Guideline Value for Arignar Anna Colony (Ward 17)

₹1055/sq.ft.

The guideline value for Arignar Anna Colony (ward 17) 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 Arignar Anna Colony (ward 17)

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Arignar Anna Colony (Ward 17) guideline value

The current guideline value for Arignar Anna Colony (Ward 17) is Rs 1,055 per sq.ft, effective from 1 July 2024. This area is located in Kurichi village and falls under the Coimbatore North Joint 1 SRO. The land classification for this area is Residential Class I Type - III.

How the guideline value of Arignar Anna Colony (Ward 17) has changed

The guideline value for Arignar Anna Colony has seen several revisions over the years. In 2012, the guideline value was Rs 800 per sq.ft, which then changed to Rs 536 per sq.ft in 2017, marking a decrease of 33%. However, from 2017 to 2023, the value significantly increased to Rs 1,000 per sq.ft, reflecting a rise of 87%. The most recent revision in 2024 has set the guideline value at Rs 1,055 per sq.ft, which is a 6% increase from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2007 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 value of Rs 1,040 per sq.ft. The guideline value for Arignar Anna Colony is above this median.

Stamp duty and registration fee for property in Arignar Anna Colony (Ward 17)

For a 1,000 sq.ft plot at the current rate of Rs 1,055 per sq.ft, the guideline value would be 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, totaling Rs 94,950. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Arignar Anna Colony (Ward 17)?

The Sub Registrar Office that covers Arignar Anna Colony (Ward 17) is the Coimbatore North Joint 1 Sub Registrar Office, 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 critical factor when registering property transactions in Kurichi. It serves as the basis for calculating stamp duty and registration fees, ensuring that all transactions are conducted transparently and fairly.

When buying or selling property, the guideline value helps determine the minimum price at which a property can be registered. This ensures that both buyers and sellers are aware of the official valuation of the property, which is essential for legal and financial purposes.

Frequently asked questions

What is the current guideline value for Arignar Anna Colony?

The current guideline value for Arignar Anna Colony (Ward 17) 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 changed from Rs 800 per sq.ft in 2012 to Rs 1,055 per sq.ft in 2024, reflecting an overall increase of 32% during this period.

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

Other streets in Kurichi with similar guideline values include Arputham Chettiar Street and Arputham Nagar, both at Rs 1,055 per sq.ft in 2024.

What fees are associated with buying property in Arignar Anna Colony?

When buying property in Arignar Anna Colony, buyers should expect to pay a stamp duty of 7% and a registration fee of 2% based on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Arignar Anna Colony?

The Sub Registrar Office for Arignar Anna Colony is located at the Coimbatore North Joint 1 Sub Registrar Office, District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore - 641001.