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

Guideline Value

Corporate

Guideline Value for Astalakshmi Nagar (Madukkarai Road) (Ward 18)

₹1055/sq.ft.

The guideline value for Astalakshmi Nagar (madukkarai Road) (ward 18) 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 Astalakshmi Nagar (madukkarai Road) (ward 18)

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

Astalakshmi Nagar (Madukkarai Road) (Ward 18) guideline value

The current guideline value for Astalakshmi Nagar (Madukkarai Road) (Ward 18) 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 with a land classification of Residential Class I Type - III.

How the guideline value of Astalakshmi Nagar (Madukkarai Road) (Ward 18) has changed

The guideline value for Astalakshmi Nagar (Madukkarai Road) has undergone several revisions over the years. In 2012, the guideline value was Rs 800 per sq.ft, which then decreased to Rs 536 per sq.ft in 2017. Following this, there was a significant increase to Rs 1,000 per sq.ft in 2023, and the latest revision in 2024 set the value at Rs 1,055 per sq.ft. The register has no figure for this street for the years 2002, 2003, and 2007.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, it increased by 87%. The change from 2023 to 2024 reflects a 6% increase. Overall, from 2012 to 2024, the guideline value has risen by 32%.

Guideline values in Kurichi

In Kurichi village, 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 Astalakshmi Nagar (Madukkarai Road) is above this median.

Stamp duty and registration fee for property in Astalakshmi Nagar (Madukkarai Road) (Ward 18)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,055 per sq.ft, the total guideline value amounts to Rs 10,55,000. The stamp duty, calculated at 7%, would be Rs 73,850, and the registration fee at 2% would be Rs 21,100, bringing the total cost to Rs 94,950. It is important to note that 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 Astalakshmi Nagar (Madukkarai Road) (Ward 18)?

The Sub Registrar Office that covers Astalakshmi Nagar (Madukkarai Road) (Ward 18) is the Coimbatore North Joint 1 Sub Registrar Office. The address is District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration process when buying or selling property in Kurichi. It serves as a benchmark for determining the appropriate stamp duty and registration fees that need to be paid, ensuring that the transaction is compliant with local regulations.

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 duties, ensuring that both the government and the buyer are protected during the transaction process.

Frequently asked questions

What is the current guideline value of Astalakshmi Nagar (Madukkarai Road) (Ward 18)?

The current guideline value of Astalakshmi Nagar (Madukkarai Road) (Ward 18) 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 536 per sq.ft in 2017, then to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,055 per sq.ft in 2024.

What is the land classification for Astalakshmi Nagar (Madukkarai Road)?

Astalakshmi Nagar (Madukkarai Road) falls under the land classification of Residential Class I Type - III.

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

For a property valued at Rs 10,55,000, the stamp duty would be Rs 73,850 and the registration fee would be Rs 21,100, totaling Rs 94,950.

Which office handles registrations for this area?

The Coimbatore North Joint 1 Sub Registrar Office handles registrations for Astalakshmi Nagar (Madukkarai Road) (Ward 18), located at District Registrar Office, Syryan Church Road, Coimbatore -641001.