Guideline Value for A.E.S.ROYAL GARDEN EXTN.

A.E.S.Royal Garden Extn. guideline value

The current guideline value of A.E.S.Royal Garden Extn. is Rs 721 per sq.ft. This property is located in Nallur village, under the Nallur_Tiruppur SRO, and is classified as Residential Class I Type - III.

How the guideline value of A.E.S.Royal Garden Extn. has changed

The guideline value for A.E.S.Royal Garden Extn. has seen several revisions over the years. The earliest recorded figure is from 2012, where the guideline value was Rs 570 per sq.ft. This increased to Rs 382 per sq.ft in 2017, followed by a significant rise to Rs 700 per sq.ft in 2023. The latest revision in 2024 has set the guideline value at Rs 721 per sq.ft, reflecting a 3% increase from the previous year.

Looking at the changes between these revisions, the guideline value increased by 83% from 2017 to 2023. However, there was a decrease of 33% from 2012 to 2017. Overall, from 2012 to 2024, the guideline value has increased by 26%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Nallur

In Nallur, there are 280 streets under the Nallur_Tiruppur SRO that have a 2024 guideline value ranging from Rs 700 to Rs 1,764 per sq.ft. The median guideline value in this area is Rs 714 per sq.ft, making A.E.S.Royal Garden Extn.'s current value above the median.

• A.E.S.Royal Garden: Rs 721 per sq.ft (2024)
• Akash Nagar: Rs 704 per sq.ft (2024)
• Abirami Garden.: Rs 704 per sq.ft (2024)
• Aandi Thottam: Rs 701 per sq.ft (2024)
• Aleep Garden: Rs 702 per sq.ft (2024)
• Amarjothi Aruna Nagar: Rs 702 per sq.ft (2024)

Stamp duty and registration fee for property in A.E.S.Royal Garden Extn.

For a 1,000 sq.ft plot at the current guideline value of Rs 721 per sq.ft, the total guideline value would be Rs 7,21,000. The stamp duty at 7% would amount to Rs 50,470, and the registration fee at 2% would be Rs 14,420, leading to a total cost of Rs 64,890. Duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers A.E.S.Royal Garden Extn.?

The Sub Registrar Office that covers A.E.S.Royal Garden Extn. is the Nallur_Tiruppur Sub Registrar Office, located near Hotel Riverview, Nagapattinam 611002, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Nallur. It is used to determine the stamp duty and registration fees that need to be paid during the transaction, ensuring that the property is valued appropriately according to government standards.

When a property is sold, the guideline value helps in establishing a baseline for the sale price. Buyers and sellers must be aware of the current guideline value to ensure compliance with legal requirements and to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value for A.E.S.Royal Garden Extn.?

The current guideline value for A.E.S.Royal Garden Extn. is Rs 721 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 570 per sq.ft in 2012 to Rs 721 per sq.ft in 2024, with various changes in between, including a significant increase of 83% from 2017 to 2023.

What is the land classification for A.E.S.Royal Garden Extn.?

A.E.S.Royal Garden Extn. is classified as Residential Class I Type - III.

Where can I find the Sub Registrar Office for A.E.S.Royal Garden Extn.?

The Sub Registrar Office for A.E.S.Royal Garden Extn. is the Nallur_Tiruppur Sub Registrar Office, located near Hotel Riverview, Nagapattinam 611002, Coimbatore registration zone.

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. It serves as a benchmark for the property's value, ensuring that the fees are assessed fairly according to government regulations.