Guideline Value for A. Sundaram Gardens

A. Sundaram Gardens guideline value

The current guideline value of A. Sundaram Gardens is Rs 1,000 per sq.ft. This property is located in Kavundampalayam village, under the Vadavalli SRO, and is classified as Residential Class I Type - II.

How the guideline value of A. Sundaram Gardens has changed

The guideline value of A. Sundaram Gardens has seen several revisions over the years. In 2007, the value was Rs 600 per sq.ft, which increased to Rs 800 per sq.ft in 2012. However, it then decreased to Rs 536 per sq.ft in 2017. The 2023 revision maintained the value at Rs 1,000 per sq.ft, which is the same as the current value effective from 1 July 2024.

From 2017 to 2023, there was a significant increase of 87%. The value remained unchanged from 2023 to 2024, indicating stability in the guideline value. Overall, from 2007 to 2024, the guideline value has increased by 67%.

Guideline values in Kavundampalayam

In Kavundampalayam, there are 565 streets under the Vadavalli SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 4,405 per sq.ft, with the median being Rs 1,000 per sq.ft. A. Sundaram Gardens' 2024 figure is equal to this median.

• Ashok Nagar West, North: Rs 1,020 per sq.ft (2024)
• Ashok Nagar West: Rs 1,020 per sq.ft (2024)
• Ashok Nagar Main Street: Rs 1,000 per sq.ft (2024)
• Ashok Nagar Main (East): Rs 1,020 per sq.ft (2024)
• Ashok Nagar Keel Pagudhi: Rs 1,020 per sq.ft (2024)
• Ashok Nagar: Rs 1,325 per sq.ft (2024)

Stamp duty and registration fee for property in A. Sundaram Gardens

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value would be Rs 10,00,000. The stamp duty at 7% would amount to Rs 70,000, and the registration fee at 2% would be Rs 20,000, making the total cost for these fees Rs 90,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers A. Sundaram Gardens?

The Sub Registrar Office that covers A. Sundaram Gardens is the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046, in the Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Kavundampalayam. It serves as a benchmark for determining the stamp duty and registration fees payable when buying or selling property in the area.

When a buyer or seller engages in a transaction, the guideline value is assessed to ensure that the correct fees are applied. This value helps maintain transparency and fairness in property dealings within the region.

Frequently asked questions

What is the current guideline value of A. Sundaram Gardens?

The current guideline value of A. Sundaram Gardens is Rs 1,000 per sq.ft, effective from 1 July 2024.

How often does the guideline value get revised?

The guideline value is revised periodically, with the most recent revisions occurring in 2023 and 2024. The previous revisions were in 2017, 2012, and 2007.

What was the guideline value in 2017?

The guideline value of A. Sundaram Gardens in 2017 was Rs 536 per sq.ft.

What are the stamp duty rates for properties in A. Sundaram Gardens?

The stamp duty for properties in A. Sundaram Gardens is charged at 7% of the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office for A. Sundaram Gardens located?

The Sub Registrar Office for A. Sundaram Gardens is located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046, in the Coimbatore registration zone.