Guideline Value for A S Nagar

A S Nagar guideline value

The current guideline value of A S Nagar, located in Pattanam village under the Singanallur SRO, is Rs 415 per sq.ft, effective from 1 July 2024. This area is classified as Residential Special Type - II.

How the guideline value of A S Nagar has changed

The guideline value of A S Nagar has seen significant changes over the years. In 2003, the value was Rs 25 per sq.ft, which increased dramatically to Rs 375 per sq.ft in 2012, marking a rise of 1,400%. However, between 2012 and 2017, the value decreased to Rs 251 per sq.ft, a decline of 33%. By 2023, the value had risen again to Rs 375 per sq.ft, and with the latest revision in 2024, it stands at Rs 415 per sq.ft, reflecting an increase of 11% from the previous year.

Overall, from 2003 to 2024, the guideline value has increased by 1,560%. The register has no figures for A S Nagar for the years 2002 and 2007.

Guideline values in Pattanam

In Pattanam, there are 220 streets under the Singanallur SRO that carry a 2024 guideline value ranging from Rs 165 to Rs 1,815 per sq.ft, with a median value of Rs 220 per sq.ft. A S Nagar's 2024 guideline value is above this median.

• A S Nagar Extension: Rs 500 per sq.ft (2024)
• Astalakshmi Nagar: Rs 330 per sq.ft (2024)
• Arunmozhli Varman Nagar: Rs 330 per sq.ft (2024)
• Arijana Colony: Rs 220 per sq.ft (2024)
• Bagavathiamman kovil Street: Rs 220 per sq.ft (2024)
• Balan Nagar: Rs 165 per sq.ft (2024)

Stamp duty and registration fee for property in A S Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 415 per sq.ft, the total guideline value would be Rs 4,15,000. The stamp duty at 7% would amount to Rs 29,050, and the registration fee at 2% would be Rs 8,300, making the total fees Rs 37,350. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers A S Nagar?

A S Nagar falls under the jurisdiction of the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role when buying or selling property in Pattanam. It is used to determine the stamp duty and registration fees that need to be paid at the time of property registration. Buyers should be aware that the guideline value is a key factor in calculating these fees.

When a property is sold, the guideline value is compared with the sale price, and the higher of the two is used to calculate the stamp duty. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of A S Nagar?

The current guideline value of A S Nagar is Rs 415 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, from Rs 25 per sq.ft in 2003 to Rs 415 per sq.ft in 2024, with various revisions in between.

What are the stamp duty and registration fees for A S Nagar?

For a 1,000 sq.ft plot at the current guideline value, the total fees would be Rs 37,350, which includes stamp duty and registration fees.

Which Sub Registrar Office covers A S Nagar?

A S Nagar is covered by the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.

How is the guideline value used in property transactions?

The guideline value is used to calculate the stamp duty and registration fees during property transactions. The higher of the guideline value or the sale price is taken into account for these calculations.