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Guideline Value for Avanashi Road 3 rd lane (283/3)

₹1000/sq.ft.

The guideline value for Avanashi Road 3 Rd Lane (283/3) 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 3 Rd Lane (283/3)

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Avanashi Road 3 rd lane (283/3) guideline value

The current guideline value of Avanashi Road 3 rd lane (283/3) 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 3 rd lane (283/3) has changed

The guideline value for Avanashi Road 3 rd lane (283/3) has undergone several revisions over the years. In the 2007 revision, the value was Rs 164 per sq.ft, which increased significantly to Rs 1,000 per sq.ft in the 2012 revision. However, it then decreased to Rs 670 per sq.ft in the 2017 revision, before rising again to Rs 1,000 per sq.ft in both the 2023 and 2024 revisions.

From 2017 to 2023, the guideline value increased by 49%, while from 2012 to 2017, it saw a decrease of 33%. The increase from 2007 to 2012 was substantial at 510%. Overall, from 2007 to 2024, the guideline value has increased by 510%. 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 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 3 rd lane (283/3) is above this median.

Stamp duty and registration fee for property in Avanashi Road 3 rd lane (283/3)

For a 1,000 sq.ft plot at the current rate of Rs 1,000 per sq.ft, the 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, totaling Rs 90,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Avanashi Road 3 rd lane (283/3)?

The Avanashi Road 3 rd lane (283/3) is covered by 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 is a critical component when registering property in Annur. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on a standardized value rather than fluctuating market prices.

When buying or selling property, the guideline value helps to establish a fair transaction price for both parties. It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Avanashi Road 3 rd lane (283/3)?

The current guideline value of Avanashi Road 3 rd lane (283/3) 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 164 per sq.ft in 2007 to Rs 1,000 per sq.ft in 2012, decreased to Rs 670 per sq.ft in 2017, and then increased back to Rs 1,000 per sq.ft in 2023 and 2024.

What are the stamp duty and registration fees for a property in Avanashi Road 3 rd lane (283/3)?

For a property of 1,000 sq.ft, the guideline value is Rs 10,00,000. The stamp duty is Rs 70,000, and the registration fee is Rs 20,000, totaling Rs 90,000.

Which office handles the registration for Avanashi Road 3 rd lane (283/3)?

The Annur Sub Registrar Office, located at Csr Nagar, Avanashi Road, Annur, Coimbatore - 641 653, handles the registration for Avanashi Road 3 rd lane (283/3).

What is the significance of the guideline value in property transactions?

The guideline value is used to determine the stamp duty and registration fees during property transactions. It provides a standardized value that helps ensure transparency and fairness in the registration process.