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Guideline Value

Corporate

Guideline Value for Ashok Nagar Main (East)

₹1020/sq.ft.

The guideline value for Ashok Nagar Main (east) in Kavundampalayam village (Vadavalli SRO, Coimbatore zone) is Rs 1020 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 2% change. The land classification is Residential Class V Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Kavundampalayam

Village

Vadavalli

SRO

Residential Class V Type - I
History
Period Guideline Value
From 1-7-2024 ₹1020 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹500 /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)

Subregistrar Office, Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046
0422-2425260
[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 Ashok Nagar Main (east)

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Ashok Nagar Main (East) guideline value

The current guideline value of Ashok Nagar Main (East) is Rs 1,020 per sq.ft, effective from 1 July 2024. This street is located in Kavundampalayam village under the Vadavalli SRO and is classified as Residential Class V Type - I.

How the guideline value of Ashok Nagar Main (East) has changed

The guideline value for Ashok Nagar Main (East) has seen significant changes over the years. The 2012 revision set the value at Rs 500 per sq.ft, which increased to Rs 335 per sq.ft in 2017. This was a decrease of 33%. However, from 2017 to 2023, the value surged to Rs 1,000 per sq.ft, marking an increase of 199%. The latest revision in 2024 has raised the guideline value to Rs 1,020 per sq.ft, reflecting a 2% 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 104%.

Guideline values in Kavundampalayam

Kavundampalayam village has a total of 565 streets under the Vadavalli SRO, with guideline values ranging from Rs 1,000 to Rs 4,405 per sq.ft as of 2024. The median guideline value for these streets is Rs 1,000 per sq.ft, placing Ashok Nagar Main (East) above that median.

Stamp duty and registration fee for property in Ashok Nagar Main (East)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,020 per sq.ft, the total guideline value amounts to Rs 10,20,000. The stamp duty at 7% would be Rs 71,400, and the registration fee at 2% would be Rs 20,400, resulting in a total of Rs 91,800. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ashok Nagar Main (East)?

The Sub Registrar Office that covers Ashok Nagar Main (East) is the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions within Kavundampalayam. It serves as a benchmark for calculating the stamp duty and registration fees when registering a property sale. Buyers and sellers must be aware of the current guideline value to ensure compliance with legal requirements during the transaction.

When a property is sold, the guideline value helps determine the official value of the property for taxation purposes. This ensures that the government receives the appropriate revenue based on the set rates, which can vary significantly between different streets and areas.

Frequently asked questions

What is the current guideline value of Ashok Nagar Main (East)?

The current guideline value of Ashok Nagar Main (East) is Rs 1,020 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2012 to Rs 1,020 per sq.ft in 2024, reflecting an overall increase of 104% over this period.

What is the registration fee for properties in Ashok Nagar Main (East)?

The registration fee is calculated at 2% of the guideline value. For a property valued at Rs 10,20,000, the registration fee would be Rs 20,400.

Where can I find the Sub Registrar Office for Ashok Nagar Main (East)?

The Vadavalli Sub Registrar Office covers Ashok Nagar Main (East) and is located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.

How is the guideline value used in property transactions?

The guideline value is used to calculate the stamp duty and registration fees during property transactions. It serves as an official value for taxation purposes, ensuring compliance with legal requirements.