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Guideline Value

Corporate

Guideline Value for Devangapettai Road 1-2-3 Lane Or Nanarikazhaga veethi 1-2-3 Lane

₹3300/sq.ft.

The guideline value for Devangapettai Road 1-2-3 Lane Or Nanarikazhaga Veethi 1-2-3 Lane in Ward-8 village (Coimbatore North Joint 1 SRO, Coimbatore zone) is Rs 3300 per sq.ft, effective 1 July 2024. It was Rs 3000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward-8

Village

Coimbatore North Joint 1

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹3300 /sq.ft.
From 1-4-2023 ₹3000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2010 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3000 /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 Devangapettai Road 1-2-3 Lane Or Nanarikazhaga Veethi 1-2-3 Lane

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Devangapettai Road 1-2-3 Lane Or Nanarikazhaga veethi 1-2-3 Lane guideline value

The current guideline value for Devangapettai Road 1-2-3 Lane Or Nanarikazhaga veethi 1-2-3 Lane is Rs 3,300 per sq.ft, effective from 1 July 2024. This street is located in Ward-8 village, under the Coimbatore North Joint 1 SRO, and is classified as Residential Class I Type - I.

How the guideline value of Devangapettai Road 1-2-3 Lane Or Nanarikazhaga veethi 1-2-3 Lane has changed

The guideline value for this street has seen several revisions over the years. The 2012 revision set the value at Rs 3,000 per sq.ft, which dropped to Rs 2,010 per sq.ft in the 2017 revision. This marked a decrease of 33%. However, from 2017 to 2023, the value increased significantly to Rs 3,000 per sq.ft, reflecting a rise of 49%. The most recent revision in 2024 brought the value to Rs 3,300 per sq.ft, a 10% increase from the previous year.

There are no figures available for the revisions in the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has seen an increase of 10%.

Guideline values in Ward-8

In Ward-8, there are 77 streets under the Coimbatore North Joint 1 SRO with a 2024 guideline value ranging from Rs 1,100 to Rs 7,900 per sq.ft. The median value for these streets is Rs 4,400 per sq.ft, placing the 2024 guideline value for Devangapettai Road 1-2-3 Lane Or Nanarikazhaga veethi 1-2-3 Lane below this median.

Stamp duty and registration fee for property in Devangapettai Road 1-2-3 Lane Or Nanarikazhaga veethi 1-2-3 Lane

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 33,00,000. The stamp duty at 7% would be Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, totaling Rs 2,97,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Devangapettai Road 1-2-3 Lane Or Nanarikazhaga veethi 1-2-3 Lane?

The Sub Registrar Office that covers Devangapettai Road 1-2-3 Lane Or Nanarikazhaga veethi 1-2-3 Lane is the Coimbatore North Joint 1 Sub Registrar Office. The address is District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001, Coimbatore registration zone. You can find your SRO for further assistance.

How the guideline value is used when you buy or sell in Ward-8

The guideline value is a crucial factor when registering property transactions in Ward-8. It determines the minimum value at which a property must be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When buying or selling property, the guideline value serves as a benchmark for both parties. It helps in establishing a fair price for the transaction, as the stamp duty is calculated based on the higher of the guideline value or the sale price.

Frequently asked questions

What is the current guideline value for Devangapettai Road 1-2-3 Lane Or Nanarikazhaga veethi 1-2-3 Lane?

The current guideline value for Devangapettai Road 1-2-3 Lane Or Nanarikazhaga veethi 1-2-3 Lane is Rs 3,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,000 per sq.ft in 2012 to Rs 2,010 per sq.ft in 2017, then increased to Rs 3,000 per sq.ft in 2023, and finally to Rs 3,300 per sq.ft in 2024.

What is the land classification for this street?

Devangapettai Road 1-2-3 Lane Or Nanarikazhaga veethi 1-2-3 Lane is classified as Residential Class I Type - I.

Where can I find the registration office for this area?

The registration office for Devangapettai Road 1-2-3 Lane Or Nanarikazhaga veethi 1-2-3 Lane is the Coimbatore North Joint 1 Sub Registrar Office, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot valued at Rs 33,00,000, the total stamp duty and registration fees would amount to Rs 2,97,000.