Guideline Value for CLASSIC CITY (C BLOCK)

Classic City (C Block) guideline value

The current guideline value for Classic City (C Block) in Anupparpalayam village is Rs 1,045 per sq.ft, effective from 1 July 2024. This property falls under the Coimbatore North Joint 1 SRO and is classified as Residential Class I Type - I.

How the guideline value of Classic City (C Block) has changed

In the 2023 revision, the guideline value for Classic City (C Block) was Rs 1,000 per sq.ft. The latest revision in 2024 has increased this value to Rs 1,045 per sq.ft, marking a change of +5%. There are no figures available for this street in the revisions from 2002, 2003, 2007, 2012, and 2017.

The 2024 guideline value of Rs 1,045 per sq.ft is higher than the previous year’s figure of Rs 1,000 per sq.ft. This increase reflects adjustments made in the guideline values across various properties in the region.

Guideline values in Anupparpalayam

In Anupparpalayam, there are 44 streets under the Coimbatore North Joint 1 SRO with 2024 guideline values ranging from Rs 1,000 to Rs 1,400 per sq.ft, with a median value of Rs 1,025 per sq.ft. The guideline value for Classic City (C Block) is above this median.

• Classic City (B Block): Rs 1,045 per sq.ft (2024)
• Classic City (A Block): Rs 1,045 per sq.ft (2024)
• BY-Pass Road: Rs 1,400 per sq.ft (2024)
• Breeze Avenue: Rs 1,015 per sq.ft (2024)
• Fathima Nagar: Rs 1,040 per sq.ft (2024)
• Gandhi Nagar: Rs 1,025 per sq.ft (2024)

Stamp duty and registration fee for property in Classic City (C Block)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,045 per sq.ft, the total guideline value would be Rs 10,45,000. The stamp duty at 7% would amount to Rs 73,150, and the registration fee at 2% would be Rs 20,900, bringing the total to Rs 94,050. 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 Classic City (C Block)?

The Sub Registrar Office covering Classic City (C Block) 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 more information.

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

The guideline value is a crucial factor during the registration of property in Anupparpalayam. It serves as a benchmark for calculating the stamp duty and registration fees that buyers must pay when completing a property transaction.

When a property is sold, the guideline value ensures that the transaction is recorded at a value that reflects the official pricing set by the government. This helps maintain transparency and standardization in property transactions.

Frequently asked questions

What is the current guideline value for Classic City (C Block)?

The current guideline value for Classic City (C Block) is Rs 1,045 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value changed from Rs 1,000 per sq.ft in 2023 to Rs 1,045 per sq.ft in 2024, marking a +5% increase. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017 for this street.

What are the stamp duty and registration fees for property in Classic City (C Block)?

For a 1,000 sq.ft plot, the total guideline value is Rs 10,45,000. The stamp duty is Rs 73,150, and the registration fee is Rs 20,900, totaling Rs 94,050.

Which Sub Registrar Office is responsible for Classic City (C Block)?

The Coimbatore North Joint 1 Sub Registrar Office is responsible for Classic City (C Block), located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore - 641001.

How is the guideline value used in property transactions?

The guideline value is used to determine the stamp duty and registration fees during property transactions. It acts as a benchmark to ensure that properties are registered at an official price set by the government.