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Guideline Value

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Guideline Value for Avarakattu valasu Main Road (563)

₹200/sq.ft.

The guideline value for Avarakattu Valasu Main Road (563) in Pallapalayam village (Kavundapadi SRO, Coimbatore zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iii Type - V. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Pallapalayam

Village

Kavundapadi

SRO

Residential Class III Type - V
History
Period Guideline Value
From 1-7-2024 ₹200 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹33 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹50 /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)

Marutham Nagar Bye-pass Road, Kavundapadi.638455.
04256-242642/progress
[email protected]

DRO (District Registrar Office)

Integrated Reistration Complex, 81 Old Hospital Rd, Near Market, Gobichettipalayam - 638452
04285-222014
[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Avarakattu Valasu Main Road (563)

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Avarakattu valasu Main Road (563) guideline value

The current guideline value of Avarakattu valasu Main Road (563) is Rs 200 per sq.ft, effective from 1 July 2024. This road is located in Pallapalayam village and falls under the Kavundapadi SRO. The land classification for this area is Residential Class III Type - V.

How the guideline value of Avarakattu valasu Main Road (563) has changed

The guideline value for Avarakattu valasu Main Road (563) has seen significant changes over the years. In the 2012 revision, the value was Rs 50 per sq.ft, which increased to Rs 33 per sq.ft in 2017. This was a decrease of 34%. However, from 2017 to 2023, the value surged to Rs 200 per sq.ft, marking an increase of 506%. The 2023 revision maintained the value at Rs 200 per sq.ft, which will also be the value in the 2024 revision.

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 300%.

Guideline values in Pallapalayam

Pallapalayam village has 41 streets under the Kavundapadi SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 226 per sq.ft. The median value is Rs 200 per sq.ft, which is equal to the 2024 figure for Avarakattu valasu Main Road (563).

Stamp duty and registration fee for property in Avarakattu valasu Main Road (563)

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, making a total of Rs 18,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Avarakattu valasu Main Road (563)?

The Sub Registrar Office that covers Avarakattu valasu Main Road (563) is the Kavundapadi Sub Registrar Office, located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone.

You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Pallapalayam. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that these costs are based on the official valuation of the property.

When buying or selling property, it is essential to be aware of the guideline value, as it can impact the overall costs involved in the transaction. Buyers should ensure that they are informed about the current guideline value to avoid any surprises during the registration process.

Frequently asked questions

What is the current guideline value of Avarakattu valasu Main Road (563)?

The current guideline value of Avarakattu valasu Main Road (563) is Rs 200 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed significantly, increasing from Rs 50 per sq.ft in 2012 to Rs 200 per sq.ft in 2024, which is an overall increase of 300% over this period.

What are the stamp duty and registration fees for properties on this road?

For a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 18,000, based on the current guideline value of Rs 2,00,000.

Which Sub Registrar Office is responsible for Avarakattu valasu Main Road (563)?

The Kavundapadi Sub Registrar Office is responsible for Avarakattu valasu Main Road (563), located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone.

How is the guideline value used in property transactions?

The guideline value is used to determine the stamp duty and registration fees during property transactions. It acts as an official valuation that buyers and sellers must consider when registering their property.