Guideline Value

Corporate

Guideline Value for COLLEGE ROAD 1-8 TH STREET

₹1120/sq.ft.

The guideline value for College Road 1-8 Th Street in Ward - B village (Tiruppur Joint I SRO, Coimbatore zone) is Rs 1120 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class Iii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - B

Village

Tiruppur Joint I

SRO

Residential Class III Type - II
History
Period Guideline Value
From 1-7-2024 ₹1120 /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 ₹890 /sq.ft.
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)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960088
[email protected]

DRO (District Registrar Office)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960044
[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on College Road 1-8 Th Street

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College Road 1-8 Th Street guideline value

The current guideline value for College Road 1-8 Th Street is Rs 1,120 per sq.ft, effective from 1 July 2024. This street is located in Ward - B village under the Tiruppur Joint I SRO, classified as Residential Class III Type - II.

How the guideline value of College Road 1-8 Th Street has changed

In the 2012 revision, the guideline value was Rs 1,000 per sq.ft. This figure remained until the 2017 revision, where it decreased to Rs 670 per sq.ft. Following this, the 2023 revision increased the value to Rs 1,000 per sq.ft, and the latest 2024 revision set it at Rs 1,120 per sq.ft. The register has no figures for the years 2002 and 2003 for this street.

From 2017 to 2023, there was a significant increase of 49%. The value then rose by 12% from 2023 to 2024. Overall, when looking at the changes from 2007 to 2024, the guideline value has increased by 26%.

Guideline values in Ward - B

Ward - B under the Tiruppur Joint I SRO includes 224 streets with a 2024 guideline value ranging from Rs 840 to Rs 4,480 per sq.ft. The median value for this area is Rs 1,120 per sq.ft, which is equal to the guideline value of College Road 1-8 Th Street.

Stamp duty and registration fee for property in College Road 1-8 Th Street

For a 1,000 sq.ft plot at the current rate of Rs 1,120 per sq.ft, the guideline value amounts to Rs 11,20,000. The stamp duty at 7% would be Rs 78,400, and the registration fee at 2% would be Rs 22,400, totaling Rs 1,00,800. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers College Road 1-8 Th Street?

The Sub Registrar Office that covers College Road 1-8 Th Street is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward - B

The guideline value is a crucial factor when registering property transactions in Ward - B. It determines the minimum value on which stamp duty and registration fees are calculated, ensuring that the government receives appropriate revenue from property transactions.

When buying or selling property, it is essential to consider the guideline value as it directly affects the costs involved in the registration process. Buyers should be aware that the duty is charged on the higher of the guideline value or the sale price, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value for College Road 1-8 Th Street?

The current guideline value for College Road 1-8 Th Street is Rs 1,120 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various changes, starting from Rs 890 per sq.ft in 2007, decreasing to Rs 670 per sq.ft in 2017, and then rising to Rs 1,120 per sq.ft in 2024.

What is the registration office for College Road 1-8 Th Street?

The registration office for College Road 1-8 Th Street is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property with a guideline value of Rs 11,20,000, the stamp duty at 7% would be Rs 78,400.

What are the other streets in Ward - B with their guideline values?

Other streets in Ward - B have varying guideline values. For instance, College Road 40 Feet is valued at Rs 2,615 per sq.ft, while C.K.P Nagar and other streets are valued at Rs 840 per sq.ft.