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Guideline Value

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Guideline Value for CHOLAN NAGAR Nagar (Ward No.1)

₹1100/sq.ft.

The guideline value for Cholan Nagar Nagar (ward No.1) in Vadavalli village (Vadavalli SRO, Coimbatore zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Vadavalli

Village

Vadavalli

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1100 /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 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)

Subregistrar Office, Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046
0422-2425260
[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 Cholan Nagar Nagar (ward No.1)

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CHOLAN NAGAR Nagar (Ward No.1) guideline value

The current guideline value for CHOLAN NAGAR Nagar (Ward No.1) is Rs 1,100 per sq.ft, effective from 1 July 2024. This area is located in Vadavalli village and falls under the Vadavalli SRO with a land classification of Residential Class I Type - I.

How the guideline value of CHOLAN NAGAR Nagar (Ward No.1) has changed

Over the years, the guideline value for CHOLAN NAGAR Nagar has seen several revisions. The 2012 revision set the value at Rs 1,000 per sq.ft, which was then reduced to Rs 670 per sq.ft in 2017. Following this, the value increased to Rs 1,000 per sq.ft in 2023 and has now risen to Rs 1,100 per sq.ft in 2024, marking a 10% increase from the previous year.

When looking at the changes between revisions, the value increased by 49% from 2017 to 2023. However, there was a decrease of 33% from 2012 to 2017. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register has no figure for the years 2002, 2003, and 2007 for this street.

Guideline values in Vadavalli

In Vadavalli, there are 461 streets under the Vadavalli SRO that carry a 2024 guideline value, ranging from Rs 1,000 to Rs 2,200 per sq.ft. The median guideline value for these streets is Rs 1,100 per sq.ft, which is equal to the current value for CHOLAN NAGAR Nagar (Ward No.1).

Stamp duty and registration fee for property in CHOLAN NAGAR Nagar (Ward No.1)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, while the registration fee at 2% would be Rs 22,000, bringing the total to Rs 99,000. Please note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers CHOLAN NAGAR Nagar (Ward No.1)?

The Sub Registrar Office that covers CHOLAN NAGAR Nagar (Ward No.1) is the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process of property transactions in Vadavalli. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the buyer must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of CHOLAN NAGAR Nagar (Ward No.1)?

The current guideline value of CHOLAN NAGAR Nagar (Ward No.1) is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,100 per sq.ft in 2024.

What is the median guideline value in Vadavalli?

The median guideline value in Vadavalli for 2024 is Rs 1,100 per sq.ft, which is the same as the current value for CHOLAN NAGAR Nagar (Ward No.1).

What are the stamp duty and registration fees for a property in CHOLAN NAGAR Nagar?

For a property with a guideline value of Rs 11,00,000, the stamp duty would be Rs 77,000 and the registration fee would be Rs 22,000, totaling Rs 99,000.

Which Sub Registrar Office covers CHOLAN NAGAR Nagar?

The Vadavalli Sub Registrar Office covers CHOLAN NAGAR Nagar (Ward No.1), located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.