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Guideline Value

Corporate

Guideline Value for Devangapettai Road 1-2-3 Main or Nanarikazhaga veethi 1-2-3 Main

₹3300/sq.ft.

The guideline value for Devangapettai Road 1-2-3 Main Or Nanarikazhaga Veethi 1-2-3 Main 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 Main Or Nanarikazhaga Veethi 1-2-3 Main

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Devangapettai Road 1-2-3 Main or Nanarikazhaga veethi 1-2-3 Main guideline value

The current guideline value of Devangapettai Road 1-2-3 Main or Nanarikazhaga veethi 1-2-3 Main 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 Main or Nanarikazhaga veethi 1-2-3 Main has changed

In the 2012 revision, the guideline value was Rs 3,000 per sq.ft. This figure decreased to Rs 2,010 per sq.ft in the 2017 revision, marking a decline of 33%. However, from 2017 to 2023, the value increased significantly to Rs 3,000 per sq.ft, representing a 49% rise. The most recent revision in 2024 set the guideline value at Rs 3,300 per sq.ft, a 10% increase from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%.

Guideline values in Ward-8

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

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

For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the total guideline value would be 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. 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 more details.

Which Sub Registrar Office covers Devangapettai Road 1-2-3 Main or Nanarikazhaga veethi 1-2-3 Main?

The Sub Registrar Office that covers Devangapettai Road 1-2-3 Main or Nanarikazhaga veethi 1-2-3 Main is the Coimbatore North Joint 1 Sub Registrar Office, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001. You can find your SRO for more information.

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

The guideline value is an important factor in the registration process when buying or selling property in Ward-8. It serves as a benchmark for calculating stamp duty and registration fees, which are mandatory during property transactions.

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

Frequently asked questions

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

The current guideline value for Devangapettai Road 1-2-3 Main or Nanarikazhaga veethi 1-2-3 Main 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 seen several changes: it was Rs 3,000 per sq.ft in 2012, dropped to Rs 2,010 per sq.ft in 2017, rose to Rs 3,000 per sq.ft in 2023, and is currently Rs 3,300 per sq.ft as of 2024.

What is the land classification for this area?

The land classification for Devangapettai Road 1-2-3 Main or Nanarikazhaga veethi 1-2-3 Main is Residential Class I Type - I.

What are the stamp duty rates applicable?

The stamp duty rate applicable is 7% of the guideline value or sale price, whichever is higher. Additionally, there is a registration fee of 2% on the same amount.

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

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