Guideline Value

Corporate

Guideline Value for Cross Cut Road North Side

₹10080/sq.ft.

The guideline value for Cross Cut Road North Side in Ganapathyward11 village (Ganapathy SRO, Coimbatore zone) is Rs 10080 per sq.ft, effective 1 July 2024. It was Rs 9000 per sq.ft from 1 April 2023, a 12% change. The land classification is Commercial Special Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ganapathyward11

Village

Ganapathy

SRO

Commercial Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹10080 /sq.ft.
From 1-4-2023 ₹9000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹6030 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹9000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2500 /sq.ft.
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)

Sankaralinganar Road, Maniyakaranpalayam , Ganapathy, Coimbatore. 641006.
0422-2539950
[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 Cross Cut Road North Side

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Cross Cut Road North Side guideline value

The current guideline value for Cross Cut Road North Side is Rs 10,080 per sq.ft, effective from 1 July 2024. This road is located in Ganapathyward11 village, under the Ganapathy SRO, and is classified as Commercial Special Type - I.

How the guideline value of Cross Cut Road North Side has changed

The guideline value for Cross Cut Road North Side has undergone several revisions over the years. Starting from Rs 2,500 per sq.ft in 2007, it increased significantly to Rs 9,000 per sq.ft in 2012, marking a 260% rise. However, between 2012 and 2017, the value decreased to Rs 6,030 per sq.ft, reflecting a drop of 33%. The value then rose again to Rs 9,000 per sq.ft in 2023, a 49% increase from the previous revision.

The most recent revision in 2024 saw the guideline value increase to Rs 10,080 per sq.ft, which is a 12% rise from the 2023 figure. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Ganapathyward11

In Ganapathyward11, there are 104 streets under the Ganapathy SRO with a 2024 guideline value ranging from Rs 1,120 to Rs 10,080 per sq.ft. The median guideline value for these streets is Rs 2,240 per sq.ft, placing Cross Cut Road North Side significantly above this median.

Stamp duty and registration fee for property in Cross Cut Road North Side

For a 1,000 sq.ft plot at the current guideline value of Rs 10,080 per sq.ft, the total guideline value amounts to Rs 1,00,80,000. The stamp duty at 7% would be Rs 7,05,600, and the registration fee at 2% would be Rs 2,01,600, bringing the total to Rs 9,07,200. Please note that duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Cross Cut Road North Side?

The Sub Registrar Office that covers Cross Cut Road North Side is the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ganapathyward11

The guideline value plays a crucial role during the registration of property transactions in Ganapathyward11. It is the minimum value set by the government for property transactions, ensuring that the property is registered at a value that reflects its worth according to official standards.

When buying or selling property, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions, maintaining transparency in the real estate market.

Frequently asked questions

What is the current guideline value for Cross Cut Road North Side?

The current guideline value for Cross Cut Road North Side is Rs 10,080 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 2,500 per sq.ft in 2007 to Rs 10,080 per sq.ft in 2024, marking an overall increase of 303% over the years.

What is the stamp duty rate for properties in Ganapathyward11?

The stamp duty rate for properties in Ganapathyward11 is 7% of the guideline value or the sale price, whichever is higher.

What is the registration fee for properties in this area?

The registration fee for properties in Ganapathyward11 is 2% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Cross Cut Road North Side?

The Ganapathy Sub Registrar Office covers Cross Cut Road North Side, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006.