Guideline Value

Corporate

Guideline Value for Avinashi Road Main

₹5600/sq.ft.

The guideline value for Avinashi Road Main in Ward-7 village (Coimbatore North Joint 1 SRO, Coimbatore zone) is Rs 5600 per sq.ft, effective 1 July 2024. It was Rs 5000 per sq.ft from 1 April 2023, a 12% change. The land classification is Commercial Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward-7

Village

Coimbatore North Joint 1

SRO

Commercial Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹5600 /sq.ft.
From 1-4-2023 ₹5000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3350 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹5000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1400 /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)

District Registarar Office, Syryan Church Road, Corporattion Marriage Centre, Combatore -641001
0422-2303614
[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 Avinashi Road Main

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Avinashi Road Main guideline value

The current guideline value for Avinashi Road Main is Rs 5,600 per sq.ft, effective from 1 July 2024. This street is located in Ward-7 village under the Coimbatore North Joint 1 SRO, classified as Commercial Special Type - II.

How the guideline value of Avinashi Road Main has changed

The guideline value for Avinashi Road Main has seen several revisions over the years. The 2007 revision recorded a value of Rs 1,400 per sq.ft, which increased significantly to Rs 5,000 per sq.ft in the 2012 revision. However, in the 2017 revision, the value dropped to Rs 3,350 per sq.ft, before rising again to Rs 5,000 per sq.ft in 2023, and finally reaching Rs 5,600 per sq.ft in the 2024 revision.

Between these revisions, the changes were notable. From 2007 to 2012, the value increased by 257%, but then it decreased by 33% from 2012 to 2017. The value saw a substantial increase of 49% from 2017 to 2023, followed by a 12% rise from 2023 to 2024. The overall increase from 2007 to 2024 stands at 300%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Ward-7

In Ward-7, there are 128 streets under the Coimbatore North Joint 1 SRO with a 2024 guideline value ranging from Rs 1,450 to Rs 7,300 per sq.ft. The median value for these streets is Rs 2,900 per sq.ft, placing Avinashi Road Main above this median.

Stamp duty and registration fee for property in Avinashi Road Main

For a 1,000 sq.ft plot at the current guideline value of Rs 5,600 per sq.ft, the total guideline value amounts to Rs 56,00,000. The stamp duty at 7% would be Rs 3,92,000, and the registration fee at 2% would be Rs 1,12,000, resulting in a total of Rs 5,04,000. Please note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Avinashi Road Main?

The Sub Registrar Office covering Avinashi Road Main is the Coimbatore North Joint 1 Sub Registrar Office, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001. You can find your SRO for additional information.

How the guideline value is used when you buy or sell in Ward-7

The guideline value is a crucial factor when registering property transactions in Ward-7. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is transparent and fair.

When a buyer or seller engages in a property transaction, the guideline value helps in calculating the applicable stamp duty and registration fees. This ensures that both parties are aware of the financial obligations involved in the registration process.

Frequently asked questions

What is the current guideline value of Avinashi Road Main?

The current guideline value of Avinashi Road Main is Rs 5,600 per sq.ft, effective from 1 July 2024.

How has the guideline value of Avinashi Road Main changed over the years?

The guideline value has changed from Rs 1,400 per sq.ft in 2007 to Rs 5,600 per sq.ft in 2024, with various revisions in between, showing an overall increase of 300% from 2007 to 2024.

What is the land classification for Avinashi Road Main?

Avinashi Road Main is classified as Commercial Special Type - II, which indicates its intended use and regulatory framework.

What are the other streets in Ward-7 with their guideline values?

Other streets in Ward-7 include Avinashi Road Lane at Rs 5,600 per sq.ft, Arunachalam Street Main at Rs 3,450 per sq.ft, and several others, with values ranging from Rs 1,450 to Rs 7,300 per sq.ft.

How is the stamp duty calculated for properties in Avinashi Road Main?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the guideline value of Rs 5,600 per sq.ft, the stamp duty would amount to Rs 3,92,000.