Guideline Value for CIVIL AERODROME ROAD

Civil Aerodrome Road guideline value

The current guideline value of Civil Aerodrome Road is Rs 2,010 per sq.ft, effective from 1 July 2024. This road is located in KALAPATTY_East village, under the Gandhipuram SRO, and is classified as Residential Special Type - I.

How the guideline value of Civil Aerodrome Road has changed

The guideline value for Civil Aerodrome Road has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 2,010 per sq.ft, which is a 12% increase from the 2023 figure of Rs 1,800 per sq.ft. Prior to that, the 2017 revision recorded a value of Rs 1,206 per sq.ft, marking a significant 49% increase to the 2023 figure. The register has no figures for the years 2012, 2007, 2003, and 2002 for this street.

Overall, from 2017 to 2024, the guideline value has increased by 67%. This upward trend reflects the changes in valuation over the years, culminating in the current figure of Rs 2,010 per sq.ft.

Guideline values in KALAPATTY_East

In KALAPATTY_East, there are 358 streets under the Gandhipuram SRO that carry a 2024 guideline value ranging from Rs 1,010 to Rs 3,920 per sq.ft, with a median value of Rs 1,055 per sq.ft. The guideline value for Civil Aerodrome Road is above this median.

• C.N.Vasantham Nagar (Kalappatti): Rs 1,045 per sq.ft (2024)
• Coconut Valley: Rs 1,010 per sq.ft (2024)
• College Nagar: Rs 1,045 per sq.ft (2024)
• Chitra -Kalappatti Road: Rs 1,560 per sq.ft (2024)
• Corral Enclave: Rs 1,010 per sq.ft (2024)
• Cotton City: Rs 1,055 per sq.ft (2024)

Stamp duty and registration fee for property in Civil Aerodrome Road

For a 1,000 sq.ft plot at the current guideline value of Rs 2,010 per sq.ft, the total guideline value amounts to Rs 20,10,000. The stamp duty at 7% would be Rs 1,40,700, and the registration fee at 2% would be Rs 40,200, bringing the total to Rs 1,80,900. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Civil Aerodrome Road?

The Civil Aerodrome Road is covered by the Gandhipuram Sub Registrar Office, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. You can find your SRO for additional assistance.

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

The guideline value serves as a benchmark for determining the registration fees and stamp duty when buying or selling property in KALAPATTY_East. When a property transaction occurs, the guideline value is used to calculate the applicable fees, ensuring that both the buyer and seller are aware of the financial obligations involved in the registration process.

It is essential for buyers and sellers to be familiar with the guideline value as it directly impacts the costs associated with property transactions. Understanding this value helps in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value of Civil Aerodrome Road?

The current guideline value of Civil Aerodrome Road is Rs 2,010 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since 2017, the guideline value has increased by 67%, rising from Rs 1,206 per sq.ft to the current Rs 2,010 per sq.ft.

What is the land classification for Civil Aerodrome Road?

Civil Aerodrome Road is classified as Residential Special Type - I, indicating its suitability for residential development.

Where can I find more information about stamp duty and registration fees?

For more information about stamp duty and registration fees, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers the property in Civil Aerodrome Road?

The property in Civil Aerodrome Road is covered by the Gandhipuram Sub Registrar Office, located near Saravanampatti Police Station in Coimbatore.