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Guideline Value

Corporate

Guideline Value for COTTON MILL ROAD 1st to 3rd STREET

₹1455/sq.ft.

The guideline value for Cotton Mill Road 1st To 3rd Street in Ward - D village (Tiruppur Joint I SRO, Coimbatore zone) is Rs 1455 per sq.ft, effective 1 July 2024. It was Rs 1300 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward - D

Village

Tiruppur Joint I

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1455 /sq.ft.
From 1-4-2023 ₹1300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹871 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1300 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹700 /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 Cotton Mill Road 1st To 3rd Street

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COTTON MILL ROAD 1st to 3rd STREET guideline value

The current guideline value for COTTON MILL ROAD 1st to 3rd STREET is Rs 1,455 per sq.ft, effective from 1 July 2024. This street is located in Ward - D village under the Tiruppur Joint I SRO, classified as Residential Class III Type - I.

How the guideline value of COTTON MILL ROAD 1st to 3rd STREET has changed

The guideline value for COTTON MILL ROAD 1st to 3rd STREET has undergone several revisions over the years. The 2007 revision recorded a value of Rs 700 per sq.ft, which increased significantly to Rs 1,300 per sq.ft in 2012, marking an 86% rise. However, the value dropped to Rs 871 per sq.ft in 2017, a decrease of 33%. The 2023 revision saw a substantial increase to Rs 1,300 per sq.ft, followed by a further rise to Rs 1,455 per sq.ft in 2024, reflecting a 12% increase.

Overall, from 2007 to 2024, the guideline value has increased by 108%. It is important to note that there are no figures available for the years 2002 and 2003 in the register for this street.

Guideline values in Ward - D

In Ward - D, there are a total of 75 streets under the Tiruppur Joint I SRO that carry a 2024 guideline value, ranging from Rs 840 to Rs 4,480 per sq.ft. The median value for these streets is Rs 1,455 per sq.ft, which is equal to the current guideline value for COTTON MILL ROAD 1st to 3rd STREET.

Stamp duty and registration fee for property in COTTON MILL ROAD 1st to 3rd STREET

For a 1,000 sq.ft plot at the current guideline value of Rs 1,455 per sq.ft, the total guideline value amounts to Rs 14,55,000. The stamp duty at 7% would be Rs 1,01,850, and the registration fee at 2% would be Rs 29,100, making the total cost for these fees Rs 1,30,950. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers COTTON MILL ROAD 1st to 3rd STREET?

The COTTON MILL ROAD 1st to 3rd STREET falls under the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, in the Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role during property registration in Ward - D. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are essential for the legal transfer of property ownership.

It is important for buyers and sellers to be aware of the current guideline value, as it determines the financial obligations during the registration process. Ensuring that the property is registered at the correct guideline value helps in maintaining transparency and legality in property transactions.

Frequently asked questions

What is the current guideline value for COTTON MILL ROAD 1st to 3rd STREET?

The current guideline value for COTTON MILL ROAD 1st to 3rd STREET is Rs 1,455 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 700 per sq.ft in 2007 to Rs 1,455 per sq.ft in 2024, representing an overall increase of 108% over the years.

What is the registration office for this street?

The registration office for COTTON MILL ROAD 1st to 3rd STREET is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.

What are the stamp duty and registration fees for a property here?

For a 1,000 sq.ft plot at the current guideline value, the stamp duty would be Rs 1,01,850 and the registration fee would be Rs 29,100, totaling Rs 1,30,950.

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

For more information, you can use the stamp duty and registration fee calculator available online.