by Sekhar Pal 
The guideline value, also known as the circle rate or guidance value, is an important aspect to consider when buying property in Coimbatore. It is the minimum value at which a property can be registered, as determined by the Tamil Nadu government. Understanding the guideline value is crucial as it affects the stamp duty and registration charges you have to pay for your property purchase.
Coimbatore is a rapidly developing city in Tamil Nadu, attracting a large number of homebuyers. The guideline value is reviewed periodically by the government to reflect the current market conditions and property rates. It is calculated based on various factors such as location, amenities, infrastructure, and demand in the area.
When purchasing a property in Coimbatore, it is important to compare the guideline value with the actual market value. If the market value is higher than the guideline value, you may have to pay a higher stamp duty and registration charges. On the other hand, if the market value is lower than the guideline value, you may have to face legal implications.
To determine the guideline value of a property in Coimbatore, you can visit the official website of the Tamil Nadu government’s Inspector General of Registration. The website provides a search option where you can enter the district, sub-registrar office, and village name to find the guideline value.
It is advisable to consult a professional real estate agent or lawyer who is well-versed with the guideline value and can guide you through the property buying process. They can help you understand the implications of the guideline value on your property purchase and ensure that you comply with all legal requirements.
Considering the guideline value is important not only for residential properties but also for commercial properties in Coimbatore. The commercial properties are usually valued higher than residential properties, and the guideline value plays a crucial role in determining the stamp duty and registration charges for such properties.
