Guideline Value for CHURCH ROAD THIRUVALLUVAR NAGAR

Church Road Thiruvalluvar Nagar guideline value

The current guideline value of Church Road Thiruvalluvar Nagar is Rs 390 per sq.ft, effective from 1 July 2024. This street is located in Veerapandi village, under the Periyanayakkan Palayam SRO, and is classified as Residential Class I Type - I.

How the guideline value of Church Road Thiruvalluvar Nagar has changed

Over the years, the guideline value of Church Road Thiruvalluvar Nagar has seen several revisions. The 2012 revision set the value at Rs 350 per sq.ft, which then decreased to Rs 234 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 350 per sq.ft, and the latest revision in 2024 raised it further to Rs 390 per sq.ft, marking an increase of 11% from the previous year.

From the 2017 revision to the 2023 revision, the guideline value increased by 50%. Overall, from 2012 to 2024, the value has increased by 11%. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Veerapandi

In Veerapandi, there are 201 streets under the Periyanayakkan Palayam SRO, with guideline values ranging from Rs 220 to Rs 1,050 per sq.ft. The median guideline value for the village is Rs 330 per sq.ft, placing Church Road Thiruvalluvar Nagar above this median with its current value of Rs 390 per sq.ft.

• Chola Avenue: Rs 220 per sq.ft (2024)
• Chitra Nagar: Rs 335 per sq.ft (2024)
• Covai Fair Lands: Rs 390 per sq.ft (2024)
• Daimond Park: Rs 220 per sq.ft (2024)
• Devi Nagar: Rs 390 per sq.ft (2024)
• Dhaksin Avenue: Rs 390 per sq.ft (2024)

Stamp duty and registration fee for property in Church Road Thiruvalluvar Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 390 per sq.ft, the total guideline value amounts to Rs 3,90,000. The stamp duty at 7% would be Rs 27,300, while the registration fee at 2% would be Rs 7,800, leading to a total of Rs 35,100. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Church Road Thiruvalluvar Nagar?

The Sub Registrar Office that covers Church Road Thiruvalluvar Nagar is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Veerapandi. 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 higher of the guideline value or the sale price is considered for calculating the applicable duties and fees. This ensures that the correct amount is collected based on the value of the property being transferred.

Frequently asked questions

What is the current guideline value of Church Road Thiruvalluvar Nagar?

The current guideline value of Church Road Thiruvalluvar Nagar is Rs 390 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 350 per sq.ft in 2012 to Rs 234 per sq.ft in 2017, then increased to Rs 350 per sq.ft in 2023, and finally to Rs 390 per sq.ft in 2024.

What is the land classification of Church Road Thiruvalluvar Nagar?

Church Road Thiruvalluvar Nagar is classified as Residential Class I Type - I.

Where can I find the Sub Registrar Office for Church Road Thiruvalluvar Nagar?

The Sub Registrar Office for Church Road Thiruvalluvar Nagar is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

How is the stamp duty calculated for properties in Church Road Thiruvalluvar Nagar?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 3,90,000, the stamp duty at 7% would be Rs 27,300.