Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Asbesters Street (Ward 7)

₹1035/sq.ft.

The guideline value for Asbesters Street (ward 7) in Kurichi village (Coimbatore North Joint 1 SRO, Coimbatore zone) is Rs 1035 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 4% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Kurichi

Village

Coimbatore North Joint 1

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹1035 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /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 Asbesters Street (ward 7)

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Asbesters Street (Ward 7) guideline value

The current guideline value of Asbesters Street (Ward 7) is Rs 1,035 per sq.ft, effective from 1 July 2024. This street is located in Kurichi village, under the Coimbatore North Joint 1 SRO, and is classified as Residential Class II Type - II.

How the guideline value of Asbesters Street (Ward 7) has changed

Asbesters Street (Ward 7) has seen several revisions in its guideline value over the years. The 2012 revision set the value at Rs 600 per sq.ft, which increased to Rs 402 per sq.ft in 2017. Following this, the value rose significantly to Rs 1,000 per sq.ft in 2023, and then to Rs 1,035 per sq.ft in the 2024 revision. The register has no figures for the years 2002, 2003, and 2007.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, there was a substantial increase of 149%. The overall change from 2012 to 2024 shows an increase of 73%, reflecting the current value of Rs 1,035 per sq.ft.

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. The median value for these streets is Rs 1,040 per sq.ft, positioning Asbesters Street (Ward 7) below this median.

Stamp duty and registration fee for property in Asbesters Street (Ward 7)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,035 per sq.ft, the total guideline value amounts to Rs 10,35,000. The stamp duty at 7% would be Rs 72,450, and the registration fee at 2% would be Rs 20,700, bringing the total fees together to Rs 93,150. 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 Asbesters Street (Ward 7)?

The Sub Registrar Office that covers Asbesters Street (Ward 7) 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 further assistance.

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 applicable to the property being sold or purchased.

When a property is registered, the guideline value is compared with the sale price. The higher of the two values is used to calculate the applicable fees, ensuring that the registration process is aligned with the current market standards.

Frequently asked questions

What is the current guideline value of Asbesters Street (Ward 7)?

The current guideline value of Asbesters Street (Ward 7) is Rs 1,035 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 1,035 per sq.ft in 2024, reflecting an overall increase of 73% over this period.

What is the land classification of Asbesters Street (Ward 7)?

Asbesters Street (Ward 7) is classified as Residential Class II Type - II.

Which Sub Registrar Office covers Asbesters Street (Ward 7)?

The Coimbatore North Joint 1 Sub Registrar Office covers Asbesters Street (Ward 7), located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001.

How is the stamp duty calculated for properties in Asbesters Street (Ward 7)?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 10,35,000, the stamp duty would be Rs 72,450 at 7%.