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Guideline Value

Corporate

Guideline Value for Auto Nagar(1- 3rd Street)

₹1015/sq.ft.

The guideline value for Auto Nagar(1- 3rd Street) in Kavundampalayam village (Vadavalli SRO, Coimbatore zone) is Rs 1015 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 I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Kavundampalayam

Village

Vadavalli

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹1015 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹700 /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 Auto Nagar(1- 3rd Street)

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Auto Nagar(1- 3rd Street) guideline value

The current guideline value for Auto Nagar(1- 3rd Street) is Rs 1,015 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 I Type - III.

How the guideline value of Auto Nagar(1- 3rd Street) has changed

The guideline value for Auto Nagar(1- 3rd Street) has undergone several revisions over the years. The 2012 revision set the value at Rs 700 per sq.ft, which then decreased to Rs 469 per sq.ft in the 2017 revision. However, this was followed by a significant increase to Rs 1,000 per sq.ft in the 2023 revision, marking a 113% rise from the 2017 figure. The current 2024 revision reflects a further increase to Rs 1,015 per sq.ft, which is a 2% rise from the previous year.

There are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has increased by 45%.

Guideline values in Kavundampalayam

In Kavundampalayam, there are 565 streets under the Vadavalli SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 4,405 per sq.ft. The median value for these streets is Rs 1,000 per sq.ft, placing Auto Nagar(1- 3rd Street) above that median.

Stamp duty and registration fee for property in Auto Nagar(1- 3rd Street)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,015 per sq.ft, the total guideline value would be Rs 10,15,000. The stamp duty at 7% would amount to Rs 71,050, and the registration fee at 2% would be Rs 20,300, bringing the total fees to Rs 91,350. Please 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 Auto Nagar(1- 3rd Street)?

The Sub Registrar Office that covers Auto Nagar(1- 3rd Street) 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 an essential factor during the registration process when buying or selling property in Kavundampalayam. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that these costs are based on a standardized value rather than fluctuating market prices.

When a property is registered, the guideline value is used to determine the applicable fees. The fees are calculated based on the higher of the guideline value or the sale price, which ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Auto Nagar(1- 3rd Street)?

The current guideline value of Auto Nagar(1- 3rd Street) is Rs 1,015 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 700 per sq.ft in 2012 to Rs 469 per sq.ft in 2017, then increased to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,015 per sq.ft in 2024.

What is the land classification of Auto Nagar(1- 3rd Street)?

Auto Nagar(1- 3rd Street) is classified as Residential Class I Type - III.

Where is the Sub Registrar Office located for Auto Nagar(1- 3rd Street)?

The Sub Registrar Office for Auto Nagar(1- 3rd Street) is located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.

How is the stamp duty calculated for properties in Auto Nagar(1- 3rd Street)?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 10,15,000, the stamp duty would be Rs 71,050 at a rate of 7%.