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Guideline Value

Corporate

Guideline Value for Avinashi - Tirupur Main Road( Thirumuruganpoondi)

₹615/sq.ft.

The guideline value for Avinashi - Tirupur Main Road( Thirumuruganpoondi) in Rakkiyapalayam village (Avinasi SRO, Coimbatore zone) is Rs 615 per sq.ft, effective 1 July 2024. It was Rs 550 per sq.ft from 1 April 2023, a 12% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Rakkiyapalayam

Village

Avinasi

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹615 /sq.ft.
From 1-4-2023 ₹550 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /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)

6/171 Post Office Road, Avinashi Main Road, Avanashi, Coimbatore.641654
04296-290026
[email protected]

DRO (District Registrar Office)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960044
[email protected], [email protected]

DIG (Deputy Inspector General)

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

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Avinashi - Tirupur Main Road( Thirumuruganpoondi) guideline value

The current guideline value of Avinashi - Tirupur Main Road( Thirumuruganpoondi) is Rs 615 per sq.ft, effective from 1 July 2024. This property is located in Rakkiyapalayam village under the Avinasi SRO, classified as Commercial Class I Type - I.

How the guideline value of Avinashi - Tirupur Main Road( Thirumuruganpoondi) has changed

The guideline value for this street has undergone several revisions over the years. In 2012, the guideline value was Rs 800 per sq.ft, which then decreased to Rs 536 per sq.ft in 2017, marking a significant drop of 33%. Following this, the value increased slightly to Rs 550 per sq.ft in 2023, and then to Rs 615 per sq.ft in the 2024 revision, reflecting a 12% increase from the previous year.

There are no recorded figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has decreased by 23%.

Guideline values in Rakkiyapalayam

In Rakkiyapalayam, there are 88 streets under the Avinasi SRO that carry a 2024 guideline value ranging from Rs 342 to Rs 615 per sq.ft, with a median value of Rs 500 per sq.ft. The guideline value for Avinashi - Tirupur Main Road( Thirumuruganpoondi) is above this median.

Stamp duty and registration fee for property in Avinashi - Tirupur Main Road( Thirumuruganpoondi)

For a 1,000 sq.ft plot at the current rate of Rs 615 per sq.ft, the guideline value amounts to Rs 6,15,000. The stamp duty at 7% would be Rs 43,050, while the registration fee at 2% would be Rs 12,300, totaling Rs 55,350. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Avinashi - Tirupurai Main Road( Thirumuruganpoondi)?

The Avinasi - Tirupur Main Road( Thirumuruganpoondi) falls under the jurisdiction of the Avinasi Sub Registrar Office, located at 6/171 Post Office Road, Avinashi Main Road, Avanashi, Coimbatore.641654, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Rakkiyapalayam. It determines the minimum value at which the property can be registered, ensuring that the transaction is recorded accurately in the official records.

When a property is registered, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Avinashi - Tirupur Main Road( Thirumuruganpoondi)?

The current guideline value of Avinashi - Tirupur Main Road( Thirumuruganpoondi) is Rs 615 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 800 per sq.ft in 2012 to Rs 536 per sq.ft in 2017, then to Rs 550 per sq.ft in 2023, and finally to Rs 615 per sq.ft in 2024.

What is the land classification for this area?

The land classification for Avinashi - Tirupur Main Road( Thirumuruganpoondi) is Commercial Class I Type - I.

Where can I find the Avinasi Sub Registrar Office?

The Avinasi Sub Registrar Office is located at 6/171 Post Office Road, Avinashi Main Road, Avanashi, Coimbatore.641654, Coimbatore registration zone.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a plot valued at Rs 6,15,000, the stamp duty would be Rs 43,050 at 7%.