Guideline Value for Coimbatore Avinashi Road

Coimbatore Avinashi Road guideline value

The current guideline value of Coimbatore Avinashi Road is Rs 900 per sq.ft. This area falls under the jurisdiction of Karumathapatti village and the Sulur Sub Registrar Office (SRO). The land classification for this street is Commercial Class I Type - I.

How the guideline value of Coimbatore Avinashi Road has changed

In the 2012 revision, the guideline value was set at Rs 900 per sq.ft. However, in the 2017 revision, it decreased to Rs 603 per sq.ft, marking a decline of 33%. The most recent revision in 2023 saw the guideline value rise to Rs 900 per sq.ft again, reflecting an increase of 49% from the 2017 figure.

Overall, from the 2012 revision to the 2023 revision, the guideline value has remained unchanged at Rs 900 per sq.ft. It is important to note that the register has no figures for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Karumathapatti

Currently, there are no specific village figures provided for Karumathapatti. The Coimbatore Avinashi Road guideline value is Rs 900 per sq.ft. There are no other streets in Karumathapatti under the Sulur SRO listed.

Stamp duty and registration fee for property in Coimbatore Avinashi Road

For a 1,000 sq.ft plot at the current guideline value of Rs 900 per sq.ft, the total guideline value would be Rs 9,00,000. The stamp duty at 7% would amount to Rs 63,000, and the registration fee at 2% would be Rs 18,000, bringing the total cost for these charges to Rs 81,000. It is essential to note that duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Coimbatore Avinashi Road?

The Coimbatore Avinashi Road is covered by the Sulur Sub Registrar Office, located at Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Karumathapatti. It serves as a reference point for calculating stamp duty and registration fees, ensuring that these charges are based on the current valuation of the property.

When a property is sold, the guideline value is used to determine the applicable fees, which are calculated on the higher of the guideline value or the sale price. This ensures that the registration process is transparent and consistent across transactions.

Frequently asked questions

What is the current guideline value of Coimbatore Avinashi Road?

The current guideline value of Coimbatore Avinashi Road is Rs 900 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value changed from Rs 900 per sq.ft in 2012 to Rs 603 per sq.ft in 2017, a decrease of 33%. It then increased back to Rs 900 per sq.ft in 2023, marking an increase of 49% from the 2017 figure.

What is the land classification for Coimbatore Avinashi Road?

The land classification for Coimbatore Avinashi Road is Commercial Class I Type - I, indicating its suitability for commercial activities.

Where is the Sulur SRO located?

The Sulur Sub Registrar Office is located at Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402, Coimbatore registration zone.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the total guideline value would be Rs 9,00,000, leading to a total cost of Rs 81,000 for stamp duty and registration fees combined.