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Guideline value, street

Guideline Value for Bhavani Road (Market To Three Carner Road ) (970/1to8,968/1to6)

₹1200/sq.ft.effective 1 July 2024

Coimbatore zone Kavundapadi village Kavundapadi SRO Commercial Class I Type - I

The guideline value for Bhavani Road (market To Three Carner Road ) (970/1to8,968/1to6) in Kavundapadi village (Kavundapadi SRO, Coimbatore zone) is Rs 1200 per sq.ft, effective 1 July 2024. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

History
Period Guideline Value
From 1-7-2024 ₹1200 /sq.ft.
From 1-4-2023 ₹1200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹804 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1200 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹260 /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)

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 Bhavani Road (market To Three Carner Road ) (970/1to8,968/1to6)

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Bhavani Road (Market to Three Carner Road ) (970/1to8,968/1to6) guideline value

The current guideline value for Bhavani Road (Market to Three Carner Road ) (970/1to8,968/1to6) is Rs 1,200 per sq.ft, effective from 1 July 2024. This property is located in Kavundapadi village, under the Kavundapadi SRO, and is classified as Commercial Class I Type - I.

How the guideline value of Bhavani Road (Market to Three Carner Road ) (970/1to8,968/1to6) has changed

The guideline value for Bhavani Road has seen several revisions over the years. In 2007, the guideline value was Rs 260 per sq.ft, which increased significantly to Rs 1,200 per sq.ft in 2012. However, it then decreased to Rs 804 per sq.ft in 2017. The value remained at Rs 1,200 per sq.ft during the revisions in both 2023 and 2024, indicating no change between these two years. Overall, from 2007 to 2024, the guideline value has increased by 362%.

From 2017 to 2023, there was a notable increase of 49%. The 2012 figure of Rs 1,200 per sq.ft remained unchanged in 2023 and 2024, while the earlier increase from Rs 260 per sq.ft in 2007 to Rs 1,200 per sq.ft in 2012 represented a remarkable rise of 362%. The register has no figure for this street in 2002 and 2003.

Guideline values in Kavundapadi

Kavundapadi has a total of 137 streets under the Kavundapadi SRO, with 2024 guideline values ranging from Rs 250 to Rs 1,200 per sq.ft. The median guideline value in this village is Rs 600 per sq.ft, making the current figure for Bhavani Road (Market to Three Carner Road ) (970/1to8,968/1to6) above this median.

Stamp duty and registration fee for property in Bhavani Road (Market to Three Carner Road ) (970/1to8,968/1to6)

For a 1,000 sq.ft plot at the current rate of Rs 1,200 per sq.ft, the guideline value would be Rs 12,00,000. The stamp duty at 7% would amount to Rs 84,000, and the registration fee at 2% would be Rs 24,000, totaling Rs 1,08,000. 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 Bhavani Road (Market to Three Carner Road ) (970/1to8,968/1to6)?

The Sub Registrar Office covering Bhavani Road 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 Kavundapadi

The guideline value is a crucial factor during property registration in Kavundapadi. It is used to determine the stamp duty and registration fees applicable when buying or selling property. Buyers should be aware that these fees are calculated based on the guideline value or the sale price, whichever is higher.

When a property is registered, the guideline value ensures that the transaction is documented at a fair price according to government standards. This helps in maintaining transparency in property transactions within the region.

Frequently asked questions

What is the current guideline value for Bhavani Road (Market to Three Carner Road ) (970/1to8,968/1to6)?

The current guideline value for Bhavani Road (Market to Three Carner Road ) (970/1to8,968/1to6) is Rs 1,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 260 per sq.ft in 2007 to Rs 1,200 per sq.ft in 2012, then decreased to Rs 804 per sq.ft in 2017. It has remained at Rs 1,200 per sq.ft in 2023 and 2024.

What is the land classification for this property?

The land classification for Bhavani Road (Market to Three Carner Road ) (970/1to8,968/1to6) is Commercial Class I Type - I.

Where can I find the Kavundapadi Sub Registrar Office?

The Kavundapadi Sub Registrar Office is located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone.

How is the stamp duty calculated for property transactions?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, if the guideline value is Rs 12,00,000, the stamp duty at 7% would be Rs 84,000.