Guideline Value for CRI NAGAR
₹1045/sq.ft.
The guideline value for Cri Nagar in Kalapatty_east village (Gandhipuram SRO, Coimbatore zone) is Rs 1045 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 5% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.
Last updated:
Coimbatore
Zone
Kalapatty_east
Village
Gandhipuram
SRO
Residential Class II Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1045 /sq.ft. |
| From 1-4-2023 | ₹1000 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹335 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | N/A |
| 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)
Sro Gandhipuram,kalapatti Road,near Saravanampatti Poilce Station,saravanampatti-641035
0422-2666669
[email protected]
DRO (District Registrar Office)
District Registara Office, Syriyan Church Road, Corporation Marriage Hall, Coimbatore -641001
0422-2300722
[email protected],[email protected]
DIG (Deputy Inspector General)
6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
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Cri Nagar guideline value
The current guideline value of Cri Nagar, located in KALAPATTY_East village under the Gandhipuram SRO, is Rs 1,045 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class II Type - I.
How the guideline value of Cri Nagar has changed
The guideline value for Cri Nagar has seen significant changes over the years. The 2017 revision set the value at Rs 335 per sq.ft, which increased to Rs 1,000 per sq.ft in 2023. The most recent revision in 2024 raised the value to Rs 1,045 per sq.ft, marking a 5% increase from the previous year. Notably, there are no figures available for the years 2002, 2003, 2007, and 2012 for this street.
When we look at the overall changes, the guideline value increased by 199% from 2017 to 2023 and by 212% from 2017 to 2024. This reflects a substantial rise in the guideline value over the years.
Guideline values in KALAPATTY_East
In KALAPATTY_East, there are 358 streets under the Gandhipuram SRO with a 2024 guideline value ranging from Rs 1,010 to Rs 3,920 per sq.ft. The median guideline value for these streets is Rs 1,055 per sq.ft, positioning Cri Nagar's 2024 figure slightly below this median.
- C.R.I.Nagar (Valiyampalayam): Rs 1,045 per sq.ft (2024)
- Cotton City: Rs 1,055 per sq.ft (2024)
- Corral Enclave: Rs 1,010 per sq.ft (2024)
- Decon Estate (Goldwins): Rs 1,065 per sq.ft (2024)
- Decon Nagar (Goldwins): Rs 1,065 per sq.ft (2024)
- College Nagar: Rs 1,045 per sq.ft (2024)
Stamp duty and registration fee for property in Cri Nagar
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, while 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 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 Cri Nagar?
The Sub Registrar Office that covers Cri Nagar is the Gandhipuram Sub Registrar Office, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.
To find your SRO, you can visit find your SRO.
How the guideline value is used when you buy or sell in KALAPATTY_East
The guideline value plays a crucial role in property transactions in KALAPATTY_East. It is used to determine the amount of stamp duty and registration fees that need to be paid when a property is bought or sold. The guideline value is set by the government and is updated periodically to reflect changes in the market.
When registering a property, buyers must pay stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions in the area.
Frequently asked questions
What is the current guideline value of Cri Nagar?
The current guideline value of Cri Nagar is Rs 1,045 per sq.ft, effective from 1 July 2024.
How much has the guideline value changed over the years?
The guideline value has increased from Rs 335 per sq.ft in 2017 to Rs 1,045 per sq.ft in 2024, which is a total increase of 212% over this period.
What are the other streets in KALAPATTY_East with their guideline values?
Other streets in KALAPATTY_East include Cotton City at Rs 1,055 per sq.ft, Corral Enclave at Rs 1,010 per sq.ft, and Decon Estate (Goldwins) at Rs 1,065 per sq.ft, among others.
How is stamp duty calculated for properties in Cri Nagar?
Stamp duty for properties in Cri Nagar is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot would incur a stamp duty of Rs 73,150 based on the current guideline value.
Where can I find the Sub Registrar Office for Cri Nagar?
The Sub Registrar Office for Cri Nagar is the Gandhipuram Sub Registrar Office, located on Kalapatti Road, near Saravanampatti Police Station, Coimbatore.
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