Guideline Value

Corporate

Guideline Value for Co.operative Nagar

₹330/sq.ft.

The guideline value for Co.operative Nagar in P. Chettipalayam village (Coimbatore South Joint 1 SRO, Coimbatore zone) is Rs 330 per sq.ft, effective 1 July 2024. It was Rs 300 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

P. Chettipalayam

Village

Coimbatore South Joint 1

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹330 /sq.ft.
From 1-4-2023 ₹300 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
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)

Coimbatore South Joint 1 Sub Registrar Office, No.410a, Raja Street, Coimbatore-641001
0422-2304592
[email protected]

DRO (District Registrar Office)

District Registrar Office Coimbatore (south), Fifth Floor, Singapore Plaza, Crosscut Road, Gandhipuram, Coimbatore 641012.
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[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Co.operative Nagar

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Co.operative Nagar guideline value

The current guideline value of Co.operative Nagar, located in P. Chettipalayam village, is Rs 330 per sq.ft, effective from 1 July 2024. This area falls under the Coimbatore South Joint 1 SRO and is classified as Residential Class II Type - I.

How the guideline value of Co.operative Nagar has changed

In the 2023 revision, the guideline value for Co.operative Nagar was Rs 300 per sq.ft. The increase from 2023 to 2024 is 10%, bringing the current value to Rs 330 per sq.ft. There are no figures available for the revisions in the years 2017, 2012, 2007, 2003, and 2002 for this street.

The guideline value has seen a consistent upward trend from the previous revision. The 2024 value of Rs 330 per sq.ft is a significant increase from the 2023 figure, reflecting changes in the valuation process. However, no figures were recorded for the earlier years mentioned, indicating that the value was not established for those periods.

Guideline values in P. Chettipalayam

P. Chettipalayam has 240 streets under the Coimbatore South Joint 1 SRO, with guideline values ranging from Rs 220 to Rs 1,300 per sq.ft. The median guideline value in this area is Rs 470 per sq.ft, meaning Co.operative Nagar's 2024 figure is below this median.

Stamp duty and registration fee for property in Co.operative Nagar

For a 1,000 sq.ft plot at the current rate of Rs 330 per sq.ft, the guideline value amounts to Rs 3,30,000. The stamp duty at 7% would be Rs 23,100, and the registration fee at 2% would be Rs 6,600, bringing the total fees to Rs 29,700. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Co.operative Nagar?

The Co.operative Nagar area is covered by the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. You can find your SRO for more information.

How the guideline value is used when you buy or sell in P. Chettipalayam

The guideline value plays a crucial role in the registration process of property transactions in P. Chettipalayam. It is used to determine the applicable stamp duty and registration fees, ensuring that the transaction is compliant with local regulations.

When buying or selling property, the guideline value serves as a benchmark for the minimum value at which the property can be registered. This ensures transparency and fairness in property dealings within the jurisdiction of the Coimbatore South Joint 1 SRO.

Frequently asked questions

What is the current guideline value of Co.operative Nagar?

The current guideline value of Co.operative Nagar is Rs 330 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value changed from Rs 300 per sq.ft in 2023 to Rs 330 per sq.ft in 2024, marking a 10% increase. There are no figures available for the revisions in the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification of Co.operative Nagar?

Co.operative Nagar is classified as Residential Class II Type - I, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for Co.operative Nagar?

The Sub Registrar Office covering Co.operative Nagar is located at No.410a, Raja Street, Coimbatore-641001. This office is part of the Coimbatore South Joint 1 SRO.

How is stamp duty calculated for property in Co.operative Nagar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 3,30,000, the stamp duty would be Rs 23,100 at 7%.