Guideline Value for A.Govindhasamy Street

A.Govindhasamy Street guideline value

The current guideline value of A.Govindhasamy Street is Rs 780 per sq.ft, effective from 1 July 2024. This street is located in Punjaipuliampatti village, under the Punchaipuliyampatti SRO, and is classified as Residential Class I Type - I.

How the guideline value of A.Govindhasamy Street has changed

Over the years, the guideline value for A.Govindhasamy Street has seen significant changes. In the 2007 revision, the value was Rs 95 per sq.ft, which increased drastically to Rs 700 per sq.ft in 2012, marking a remarkable rise of 637%. However, from 2012 to 2017, the value decreased to Rs 469 per sq.ft, a decline of 33%. The value then increased again to Rs 700 per sq.ft in 2023, reflecting a growth of 49%. The most recent revision in 2024 set the guideline value at Rs 780 per sq.ft, an increase of 11% from the previous year.

It is important to note that there are no figures available for the revisions in 2002 and 2003 for A.Govindhasamy Street. Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 721%.

Guideline values in Punjaipuliampatti

In Punjaipuliampatti village, there are 116 streets under the Punchaipuliyampatti SRO that carry a 2024 guideline value, ranging from Rs 335 to Rs 1,680 per sq.ft. The median value is Rs 780 per sq.ft, which is the same as the guideline value for A.Govindhasamy Street.

• Alampalayam Natham: Rs 335 per sq.ft (2024)
• Aasath Street: Rs 1,120 per sq.ft (2024)
• Ambethkar Street: Rs 1,340 per sq.ft (2024)
• Anjanenjan Azhagiri Street: Rs 780 per sq.ft (2024)
• Anna Nagar Harijan Colony: Rs 670 per sq.ft (2024)
• Anna Street: Rs 780 per sq.ft (2024)

Stamp duty and registration fee for property in A.Govindhasamy Street

For a 1,000 sq.ft plot at the current guideline value of Rs 780 per sq.ft, the total guideline value would be Rs 7,80,000. The stamp duty at 7% would amount to Rs 54,600, and the registration fee at 2% would be Rs 15,600, bringing the total fees to Rs 70,200. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers A.Govindhasamy Street?

The Sub Registrar Office that covers A.Govindhasamy Street is the Punchaipuliyampatti Sub Registrar Office, located at Chathiram Road, Bus Stand Back Side, Punjai Puliayampatti-638459, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process of property transactions in Punjaipuliampatti. It is used to determine the stamp duty and registration fees that must be paid when buying or selling property in the area.

When you register a property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable fees. This ensures that the fees reflect the actual value of the property being transferred.

Frequently asked questions

What is the current guideline value of A.Govindhasamy Street?

The current guideline value of A.Govindhasamy Street is Rs 780 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 95 per sq.ft in 2007 to Rs 780 per sq.ft in 2024, reflecting an overall increase of 721%.

What is the median guideline value in Punjaipuliampatti?

The median guideline value in Punjaipuliampatti is Rs 780 per sq.ft, which is the same as the guideline value for A.Govindhasamy Street.

Where can I find the Sub Registrar Office for A.Govindhasamy Street?

The Sub Registrar Office for A.Govindhasamy Street is located at Chathiram Road, Bus Stand Back Side, Punjai Puliayampatti-638459, Coimbatore registration zone.

How is the stamp duty calculated for properties in A.Govindhasamy Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a plot of 1,000 sq.ft at the guideline value of Rs 780 per sq.ft, the total guideline value would be Rs 7,80,000.