Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Coimbatore Postel House Building Society Phase II Colony

₹330/sq.ft.

The guideline value for Coimbatore Postel House Building Society Phase Ii Colony 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.
null
[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 Postel House Building Society Phase Ii Colony

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Coimbatore Postel House Building Society Phase II Colony guideline value

The current guideline value for Coimbatore Postel House Building Society Phase II Colony is Rs 330 per sq.ft, effective from 1 July 2024. This locality is situated in P. Chettipalayam village, under the Coimbatore South Joint 1 SRO, and falls under the Residential Class II Type - I land classification.

How the guideline value of Coimbatore Postel House Building Society Phase II Colony has changed

The guideline value for this street has seen several revisions over the years. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. The most recent figures are from 2023 and 2024, where the value increased from Rs 300 per sq.ft in 2023 to Rs 330 per sq.ft in 2024, marking a change of +10%.

In the 2024 revision, the guideline value stands at Rs 330 per sq.ft, reflecting the latest updates. The previous revision in 2023 recorded a value of Rs 300 per sq.ft, indicating a significant adjustment in the guideline value for this locality.

Guideline values in P. Chettipalayam

In P. Chettipalayam, there are 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 value in this area is Rs 470 per sq.ft, which means the current value of Rs 330 per sq.ft for Coimbatore Postel House Building Society Phase II Colony is below that median.

Stamp duty and registration fee for property in Coimbatore Postel House Building Society Phase II Colony

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, totaling Rs 29,700. 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 Coimbatore Postel House Building Society Phase II Colony?

The Coimbatore South Joint 1 Sub Registrar Office covers Coimbatore Postel House Building Society Phase II Colony. The office is located at No.410a, Raja Street, Coimbatore-641001. You can find your SRO for more details.

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

The guideline value is a critical factor in the registration process when buying or selling property in P. Chettipalayam. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that the transaction is recorded at a value that reflects the official rates set by the government.

When a property is sold, the buyer must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value for Coimbatore Postel House Building Society Phase II Colony?

The current guideline value for Coimbatore Postel House Building Society Phase II Colony is Rs 330 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

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

What is the median guideline value in P. Chettipalayam?

The median guideline value in P. Chettipalayam is Rs 470 per sq.ft. The current value for Coimbatore Postel House Building Society Phase II Colony is below this median.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the total stamp duty would be Rs 23,100 based on the current guideline value.

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

The Sub Registrar Office for Coimbatore Postel House Building Society Phase II Colony is located at No.410a, Raja Street, Coimbatore-641001. You can find more information by visiting the relevant link.