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Guideline Value

Corporate

Guideline Value for Cox Street (or) Palani Gounder Lane

₹3200/sq.ft.

The guideline value for Cox Street (or) Palani Gounder Lane in Ward-1 village (Coimbatore North Joint 1 SRO, Coimbatore zone) is Rs 3200 per sq.ft, effective 1 July 2024. It was Rs 2800 per sq.ft from 1 April 2023, a 14% change. The land classification is Commercial Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward-1

Village

Coimbatore North Joint 1

SRO

Commercial Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹3200 /sq.ft.
From 1-4-2023 ₹2800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1876 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2800 /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 Cox Street (or) Palani Gounder Lane

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Cox Street (or) Palani Gounder Lane guideline value

The current guideline value of Cox Street (or) Palani Gounder Lane is Rs 3,200 per sq.ft, effective from 1 July 2024. This street is located in Ward-1 village and falls under the Coimbatore North Joint 1 SRO, classified as Commercial Class I Type - III.

How the guideline value of Cox Street (or) Palani Gounder Lane has changed

The guideline value for Cox Street (or) Palani Gounder Lane has seen several revisions over the years. The 2012 revision set the value at Rs 2,800 per sq.ft, which was followed by a decrease to Rs 1,876 per sq.ft in the 2017 revision. However, from 2017 to 2023, the value increased significantly to Rs 2,800 per sq.ft, marking a 49% rise. The most recent revision in 2024 has further increased the guideline value to Rs 3,200 per sq.ft, reflecting a 14% increase from the previous year.

It is important to note that the register has no figures for Cox Street (or) Palani Gounder Lane for the years 2002, 2003, and 2007. Overall, from 2012 to 2024, the guideline value has risen by 14%.

Guideline values in Ward-1

In Ward-1, there are 97 streets under the Coimbatore North Joint 1 SRO that carry a 2024 guideline value, ranging from Rs 1,400 to Rs 7,900 per sq.ft. The median value for these streets is Rs 3,400 per sq.ft, placing the guideline value of Cox Street (or) Palani Gounder Lane below this median.

Stamp duty and registration fee for property in Cox Street (or) Palani Gounder Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 3,200 per sq.ft, the total guideline value would be Rs 32,00,000. The stamp duty at 7% would amount to Rs 2,24,000, and the registration fee at 2% would be Rs 64,000, bringing the total fees to Rs 2,88,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Cox Street (or) Palani Gounder Lane?

The Sub Registrar Office that covers Cox Street (or) Palani Gounder Lane is the Coimbatore North Joint 1 Sub Registrar Office. The address is District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Ward-1

The guideline value is a crucial factor in the registration process when buying or selling property in Ward-1. It serves as a reference point for determining the value of the property for stamp duty and registration fees, ensuring that the transaction is recorded accurately in the official register.

Frequently asked questions

What is the current guideline value of Cox Street (or) Palani Gounder Lane?

The current guideline value of Cox Street (or) Palani Gounder Lane is Rs 3,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,800 per sq.ft in 2012 to Rs 1,876 per sq.ft in 2017, then to Rs 2,800 per sq.ft in 2023, and finally to Rs 3,200 per sq.ft in 2024.

What is the stamp duty for properties in Cox Street (or) Palani Gounder Lane?

The stamp duty for properties in Cox Street (or) Palani Gounder Lane is calculated at 7% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office located for Cox Street (or) Palani Gounder Lane?

The Sub Registrar Office for Cox Street (or) Palani Gounder Lane is located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001.

What is the land classification of Cox Street (or) Palani Gounder Lane?

Cox Street (or) Palani Gounder Lane is classified as Commercial Class I Type - III.