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Guideline Value

Corporate

Guideline Value for Avanashi Road (283/7)

₹1000/sq.ft.

The guideline value for Avanashi Road (283/7) 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 (283/7)

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Avanashi Road (283/7) guideline value

The current guideline value for Avanashi Road (283/7) 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 (283/7) has changed

Since the 2007 revision, the guideline value for Avanashi Road (283/7) has seen significant changes. In 2007, the guideline value was Rs 164 per sq.ft, which increased dramatically to Rs 1,000 per sq.ft in the 2012 revision, marking a rise of 510%. However, from 2012 to 2017, the value decreased to Rs 670 per sq.ft, a drop of 33%. The value then rose again to Rs 1,000 per sq.ft in 2023, reflecting a 49% increase. The current figure remains the same at Rs 1,000 per sq.ft as per the 2024 revision, showing no change from the previous year.

The register has no figure for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 510%.

Guideline values in Annur

In Annur, there are 225 streets under the Annur SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 1,000 per sq.ft, with a median value of Rs 350 per sq.ft. The guideline value for Avanashi Road (283/7) is above this median.

Stamp duty and registration fee for property in Avanashi Road (283/7)

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 charges to Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers Avanashi Road (283/7)?

The Sub Registrar Office that covers Avanashi Road (283/7) 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 in property transactions in Annur. It is the benchmark used to determine the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices, as the registration fees and stamp duty are calculated based on the guideline value or the sale price, whichever is higher.

When registering a property, it is essential to ensure that the sale price meets or exceeds the guideline value to avoid any legal complications. The guideline value serves as a protective measure for both buyers and sellers, ensuring transparency in property transactions.

Frequently asked questions

What is the current guideline value for Avanashi Road (283/7)?

The current guideline value for Avanashi Road (283/7) 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 significantly since 2007, increasing from Rs 164 per sq.ft to Rs 1,000 per sq.ft by 2012, then decreasing to Rs 670 per sq.ft in 2017, before rising back to Rs 1,000 per sq.ft in 2023 and remaining the same in 2024.

What is the land classification for Avanashi Road (283/7)?

Avanashi Road (283/7) is classified as Commercial Class I Type - I, indicating its suitability for commercial activities.

Where can I find the Annur Sub Registrar Office?

The Annur Sub Registrar Office is located at Csr Nagar, Avanashi Road, Annur, Coimbatore - 641 653. This office handles the registration of properties in the area.

How are stamp duty and registration fees calculated?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher, while the registration fee is charged at 2%. For example, for a property valued at Rs 10,00,000, the total charges would amount to Rs 90,000.