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Guideline Value

Corporate

Guideline Value for Avanashi Road (302/2)

₹1000/sq.ft.

The guideline value for Avanashi Road (302/2) 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 ₹125 /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 (302/2)

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Avanashi Road (302/2) guideline value

The current guideline value for Avanashi Road (302/2) 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 (302/2) has changed

The guideline value for Avanashi Road (302/2) has seen several revisions over the years. The earliest recorded figure is from 2007, where the guideline value was Rs 125 per sq.ft. This increased significantly to Rs 1,000 per sq.ft in 2012, marking a 700% increase. However, the value dropped to Rs 670 per sq.ft in 2017, a decrease of 33%. From 2017 to 2023, the guideline value rose by 49% to Rs 1,000 per sq.ft, which remained unchanged in the 2024 revision.

It is important to note that there are no figures available for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 700%.

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. The median guideline value in the village is Rs 350 per sq.ft, placing Avanashi Road (302/2) above this median.

Stamp duty and registration fee for property in Avanashi Road (302/2)

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 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.

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

Which Sub Registrar Office covers Avanashi Road (302/2)?

The Sub Registrar Office that covers Avanashi Road (302/2) is the Annur Sub Registrar Office, located at Csr Nagar, Avanashi Road, Annur, Coimbatore - 641 653, within 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 is a crucial factor in property transactions in Annur, as it determines the minimum value at which a property can be registered. When buying or selling a property, the guideline value is used to calculate the stamp duty and registration fees, ensuring that these charges are based on a standardized valuation.

Additionally, the guideline value helps maintain transparency in property transactions, providing a reference point for both buyers and sellers. It ensures that all parties involved are aware of the official valuation of the property, which can aid in negotiations and finalizing sale agreements.

Frequently asked questions

What is the current guideline value of Avanashi Road (302/2)?

The current guideline value of Avanashi Road (302/2) 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 from Rs 125 per sq.ft in 2007 to Rs 1,000 per sq.ft in 2012, then decreased to Rs 670 per sq.ft in 2017, and returned to Rs 1,000 per sq.ft in 2023 and 2024.

What is the land classification for Avanashi Road (302/2)?

Avanashi Road (302/2) 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, in the Coimbatore registration zone.

How is stamp duty calculated for properties in Annur?

Stamp duty is calculated based on the guideline value or the sale price of the property, whichever is higher. For example, on a property with a guideline value of Rs 10,00,000, the stamp duty would be Rs 70,000 at a rate of 7%.