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Guideline Value

Corporate

Guideline Value for Avanashi Road (283/6)

₹1000/sq.ft.

The guideline value for Avanashi Road (283/6) in Annur village (Annur SRO, Coimbatore zone) is Rs 1000 per sq.ft, effective 1 July 2024. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Annur

Village

Annur

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1000 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹164 /sq.ft.
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)

Csr Nagar, Avanashi Road, Annur, Coimbatore - 641 653.
04254-262133
[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 Avanashi Road (283/6)

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Avanashi Road (283/6) guideline value

The current guideline value of Avanashi Road (283/6) is Rs 1,000 per sq.ft, effective from 1 July 2024. This property is located in Annur village, under the Annur SRO, and is classified as Commercial Class I Type - I.

How the guideline value of Avanashi Road (283/6) has changed

Over the years, the guideline value for Avanashi Road (283/6) has seen several revisions. The earliest recorded figure is from 2007, where the guideline value was Rs 164 per sq.ft. This increased significantly to Rs 1,000 per sq.ft in 2012, marking a rise of 510%. However, the value then decreased to Rs 670 per sq.ft in 2017, reflecting a drop of 33%. The current value of Rs 1,000 per sq.ft has remained unchanged since 2023.

From 2017 to 2023, the guideline value increased by 49%, reaching Rs 1,000 per sq.ft. The latest revision in 2024 has not altered this figure, maintaining the guideline value at Rs 1,000 per sq.ft. The register does not contain figures for the years 2002 and 2003 for this street.

Guideline values in Annur

In Annur, there are 225 streets under the Annur SRO with a 2024 guideline value ranging from Rs 200 to Rs 1,000 per sq.ft. The median guideline value in the village is Rs 350 per sq.ft, which means Avanashi Road (283/6) is above this median.

Stamp duty and registration fee for property in Avanashi Road (283/6)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total cost for these fees to Rs 90,000. 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 Avanashi Road (283/6)?

The Sub Registrar Office that covers Avanashi Road (283/6) is the Annur Sub Registrar Office, located at Csr Nagar, Avanashi Road, Annur, Coimbatore - 641 653, in the Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during property transactions in Annur, as it serves as a benchmark for determining the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, ensuring that these costs are based on a standardized valuation.

In the registration process, if the sale price of the property is higher than the guideline value, the stamp duty will be calculated based on the sale price. This ensures that the government receives the appropriate revenue from property transactions, reflecting the market conditions and property values.

Frequently asked questions

What is the current guideline value of Avanashi Road (283/6)?

The current guideline value of Avanashi Road (283/6) is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, starting from Rs 164 per sq.ft in 2007 to Rs 1,000 per sq.ft in 2012, then decreasing to Rs 670 per sq.ft in 2017, and remaining at Rs 1,000 per sq.ft since 2023 and into 2024.

What are the stamp duty and registration fees for a property on Avanashi Road (283/6)?

The stamp duty for a property valued at Rs 10,00,000 would be Rs 70,000, and the registration fee would be Rs 20,000, totaling Rs 90,000. These fees are calculated based on the higher of the guideline value or the sale price.

Which Sub Registrar Office covers Avanashi Road (283/6)?

The Annur Sub Registrar Office covers Avanashi Road (283/6), located at Csr Nagar, Avanashi Road, Annur, Coimbatore - 641 653.

What is the land classification for Avanashi Road (283/6)?

Avanashi Road (283/6) is classified as Commercial Class I Type - I, indicating its suitability for commercial activities.