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Guideline Value

Corporate

Guideline Value for Church Road (Ward 7)

₹1065/sq.ft.

The guideline value for Church Road (ward 7) in Kurichi village (Coimbatore North Joint 1 SRO, Coimbatore zone) is Rs 1065 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 7% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Kurichi

Village

Coimbatore North Joint 1

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1065 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹603 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹900 /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)

District Registarar Office, Syryan Church Road, Corporattion Marriage Centre, Combatore -641001
0422-2303614
[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]
Records for a plot on Church Road (ward 7)

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Church Road (Ward 7) guideline value

The current guideline value of Church Road (Ward 7) in Kurichi village is Rs 1,065 per sq.ft, effective from 1 July 2024. This street falls under the Coimbatore North Joint 1 SRO and is classified as Residential Class I Type - I.

How the guideline value of Church Road (Ward 7) has changed

The guideline value for Church Road (Ward 7) has undergone several revisions over the years. The 2012 revision set the value at Rs 900 per sq.ft, which decreased to Rs 603 per sq.ft in 2017. Following that, the value increased significantly to Rs 1,000 per sq.ft in 2023, and the most recent revision in 2024 has raised it to Rs 1,065 per sq.ft.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, there was a substantial increase of 66%. The change from 2023 to 2024 reflects a 7% increase. Overall, from 2012 to 2024, the guideline value has increased by 18%.

Guideline values in Kurichi

In Kurichi, there are 536 streets under the Coimbatore North Joint 1 SRO with the 2024 guideline values ranging from Rs 1,000 to Rs 2,200 per sq.ft. The median guideline value for these streets is Rs 1,040 per sq.ft, placing Church Road (Ward 7) above this median.

Stamp duty and registration fee for property in Church Road (Ward 7)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,065 per sq.ft, the total guideline value would be Rs 10,65,000. The stamp duty at 7% would amount to Rs 74,550, and the registration fee at 2% would be Rs 21,300, totaling Rs 95,850. Duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Church Road (Ward 7)?

The Sub Registrar Office that covers Church Road (Ward 7) is the Coimbatore North Joint 1 Sub Registrar Office, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001. You can find your SRO for further assistance.

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

The guideline value plays a crucial role in the registration process of property transactions in Kurichi. It is used to determine the stamp duty and registration fees, which are calculated based on the guideline value or the sale price, whichever is higher.

When buying or selling property, it is essential to be aware of the guideline value as it impacts the overall costs involved in the transaction. This value is periodically revised, reflecting changes in the local real estate market.

Frequently asked questions

What is the current guideline value of Church Road (Ward 7)?

The current guideline value of Church Road (Ward 7) is Rs 1,065 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various changes, from Rs 900 per sq.ft in 2012 to Rs 603 per sq.ft in 2017, then increasing to Rs 1,000 per sq.ft in 2023 and finally reaching Rs 1,065 per sq.ft in 2024.

What is the land classification for Church Road (Ward 7)?

Church Road (Ward 7) is classified as Residential Class I Type - I, indicating its suitability for residential development.

What are the stamp duty and registration fees for property transactions?

The stamp duty is calculated at 7% of the guideline value, while the registration fee is 2%. These fees are based on the higher of the guideline value or the sale price.

Where can I find the Sub Registrar Office for Church Road (Ward 7)?

The Sub Registrar Office for Church Road (Ward 7) is the Coimbatore North Joint 1 Sub Registrar Office, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001.