Guideline Value

Corporate

Guideline Value for COVAI ROAD AFTER AGASTHILINGAMPALAYAM

₹336/sq.ft.

The guideline value for Covai Road After Agasthilingampalayam in Kangeyam village (Kangeyam SRO, Coimbatore zone) is Rs 336 per sq.ft, effective 1 July 2024. It was Rs 300 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class Iii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Kangeyam

Village

Kangeyam

SRO

Residential Class III Type - III
History
Period Guideline Value
From 1-7-2024 ₹336 /sq.ft.
From 1-4-2023 ₹300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹100 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹150 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
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)

No.8, Taluk Office Campus, Kangeyam - 638701
04257-299475
[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 Covai Road After Agasthilingampalayam

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Covai Road After Agasthilingampalayam guideline value

The current guideline value of Covai Road After Agasthilingampalayam is Rs 336 per sq.ft, effective from 1 July 2024. This area is located in Kangeyam village and falls under the Kangeyam SRO, classified as Residential Class III Type - III.

How the guideline value of Covai Road After Agasthilingampalayam has changed

The guideline value for Covai Road After Agasthilingampalayam has seen several revisions over the years. The 2012 revision set the value at Rs 150 per sq.ft, which then decreased to Rs 100 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 300 per sq.ft in 2023, and currently, it stands at Rs 336 per sq.ft as per the 2024 revision. The register has no figures for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, there was a substantial increase of 200%. The latest change from 2023 to 2024 reflects a rise of 12%. Overall, the guideline value has increased by 124% from 2012 to 2024.

Guideline values in Kangeyam

Kangeyam village has a total of 202 streets under the Kangeyam SRO that carry a 2024 guideline value ranging from Rs 331 to Rs 1,120 per sq.ft, with a median value of Rs 448 per sq.ft. The guideline value for Covai Road After Agasthilingampalayam is below this median.

Stamp duty and registration fee for property in Covai Road After Agasthilingampalayam

For a 1,000 sq.ft plot at the current guideline value of Rs 336 per sq.ft, the total guideline value amounts to Rs 3,36,000. The stamp duty at 7% would be Rs 23,520, and the registration fee at 2% would be Rs 6,720, bringing the total fees to Rs 30,240. 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 Covai Road After Agasthilingampalayam?

The Sub Registrar Office that covers Covai Road After Agasthilingampalayam is the Kangeyam Sub Registrar Office, located at No.8, Taluk Office Campus, Kangeyam - 638701, Coimbatore registration zone. You can find your SRO here.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Kangeyam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is documented at a fair value.

When a property is sold, the buyer must pay stamp duty and registration fees based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Covai Road After Agasthilingampalayam?

The current guideline value of Covai Road After Agasthilingampalayam is Rs 336 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, starting from Rs 150 per sq.ft in 2012, decreasing to Rs 100 per sq.ft in 2017, then increasing to Rs 300 per sq.ft in 2023, and finally reaching Rs 336 per sq.ft in 2024.

What is the land classification for Covai Road After Agasthilingampalayam?

The land classification for Covai Road After Agasthilingampalayam is Residential Class III Type - III.

What is the stamp duty rate for properties in Kangeyam?

The stamp duty rate for properties in Kangeyam is 7%, which is applied to the higher of the guideline value or the sale price during registration.

Where is the Kangeyam Sub Registrar Office located?

The Kangeyam Sub Registrar Office is located at No.8, Taluk Office Campus, Kangeyam - 638701, Coimbatore registration zone.