Guideline Value for CLASSIC CITY(A BLOCK)

Classic City(A Block) guideline value

The current guideline value of Classic City(A 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(A Block) has changed

The guideline value for Classic City(A Block) has undergone several revisions over the years. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision set the value at Rs 1,000 per sq.ft, which increased to Rs 1,045 per sq.ft in the 2024 revision, marking a change of +5%.

Prior to the 2023 revision, there were no recorded figures for this street in the register. The current guideline value of Rs 1,045 per sq.ft is a notable increase from the previous year and is reflective of the latest adjustments made by the authorities.

Guideline values in Anupparpalayam

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

• Classic City (B Block): Rs 1,045 per sq.ft (2024)
• Classic City (C 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(A Block)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,045 per sq.ft, the total guideline value amounts to Rs 10,45,000. The stamp duty at 7% would be Rs 73,150, and the registration fee at 2% would be Rs 20,900, bringing the total cost for these fees to Rs 94,050. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more detailed calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Classic City(A Block)?

The Sub Registrar Office that covers Classic City(A Block) is the Coimbatore North Joint 1 Sub Registrar Office, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001. For additional information, you can find your SRO.

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

The guideline value is a crucial factor in the registration process of property transactions in Anupparpalayam. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When registering a property, the guideline value is used to calculate the associated fees, ensuring that the transaction is compliant with local regulations. Buyers and sellers should be aware of these values to facilitate a smooth registration process.

Frequently asked questions

What is the current guideline value of Classic City(A Block)?

The current guideline value of Classic City(A 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 for Classic City(A Block) was Rs 1,000 per sq.ft in 2023 and increased to Rs 1,045 per sq.ft in 2024, reflecting a +5% change.

What is the median guideline value in Anupparpalayam?

The median guideline value in Anupparpalayam for the year 2024 is Rs 1,025 per sq.ft, with Classic City(A Block) positioned above this median.

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

For a property of 1,000 sq.ft, 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.

Where can I find the Sub Registrar Office for Classic City(A Block)?

The Sub Registrar Office for Classic City(A Block) is located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001. You can find more information online.