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Guideline Value

Corporate

Guideline Value for Coimbatore Mettupalayam Main Road (Ward 2)

₹1680/sq.ft.

The guideline value for Coimbatore Mettupalayam Main Road (ward 2) in Karamadai village (Mettupalayam SRO, Coimbatore zone) is Rs 1680 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 12% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Karamadai

Village

Mettupalayam

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1680 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1005 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1500 /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)

271-coimbatore Main, Road, Near Mettupapalayam Bustand . Mettupalayam-641301
04254-292251
[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 Coimbatore Mettupalayam Main Road (ward 2)

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Coimbatore Mettupalayam Main Road (Ward 2) guideline value

The current guideline value for Coimbatore Mettupalayam Main Road (Ward 2) is Rs 1,680 per sq.ft, effective from 1 July 2024. This area is located in Karamadai village and falls under the Mettupalayam SRO. The land classification is Commercial Class I Type - I.

How the guideline value of Coimbatore Mettupalayam Main Road (Ward 2) has changed

The guideline value has undergone several revisions over the years. The 2012 revision set the value at Rs 1,500 per sq.ft, which then decreased by 33% to Rs 1,005 per sq.ft in 2017. The value increased significantly by 49% to Rs 1,500 per sq.ft in the 2023 revision. Finally, in the 2024 revision, the value rose by 12% to Rs 1,680 per sq.ft.

There are no figures available for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 12%.

Guideline values in Karamadai

Karamadai village has a total of 180 streets under the Mettupalayam SRO, with guideline values ranging from Rs 340 to Rs 1,680 per sq.ft. The median guideline value in this area is Rs 800 per sq.ft, placing the Coimbatore Mettupalayam Main Road (Ward 2) guideline value above this median.

Stamp duty and registration fee for property in Coimbatore Mettupalayam Main Road (Ward 2)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,680 per sq.ft, the total guideline value amounts to Rs 16,80,000. The stamp duty at 7% would be Rs 1,17,600, and the registration fee at 2% would be Rs 33,600, bringing the total to Rs 1,51,200. It is important to note that the 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 details.

Which Sub Registrar Office covers Coimbatore Mettupalayam Main Road (Ward 2)?

The Sub Registrar Office that covers Coimbatore Mettupalayam Main Road (Ward 2) is the Mettupalayam Sub Registrar Office, located at 271-Coimbatore Main Road, Near Mettupapalayam Bus Stand, Mettupalayam-641301, Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value is an essential factor during the registration of property transactions in Karamadai. It serves as a benchmark for calculating stamp duty and registration fees, which are necessary for legal documentation.

When buying or selling property, it is crucial to refer to the latest guideline value to ensure that all financial obligations are met accurately. This value helps in determining the appropriate costs associated with the transaction.

Frequently asked questions

What is the current guideline value for Coimbatore Mettupalayam Main Road (Ward 2)?

The current guideline value for Coimbatore Mettupalayam Main Road (Ward 2) is Rs 1,680 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,005 per sq.ft in 2017, then increased to Rs 1,500 per sq.ft in 2023, and finally to Rs 1,680 per sq.ft in 2024.

What is the land classification for Coimbatore Mettupalayam Main Road (Ward 2)?

The land classification for Coimbatore Mettupalayam Main Road (Ward 2) is Commercial Class I Type - I.

What are the stamp duty and registration fees for properties in this area?

The stamp duty is charged at 7% of the guideline value or the sale price, whichever is higher, and the registration fee is 2% of the guideline value or sale price.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office for Coimbatore Mettupalayam Main Road (Ward 2) is the Mettupalayam Sub Registrar Office, located at 271-Coimbatore Main Road, Near Mettupapalayam Bus Stand, Mettupalayam-641301, Coimbatore registration zone.