Guideline Value for A.K.J.Colony

A.K.J.Colony guideline value

The current guideline value of A.K.J.Colony is Rs 1,003 per sq.ft, effective from 1 July 2024. This area is located in Kuniyamuthur village and falls under the Coimbatore South Joint 1 SRO. The land classification for this street is Residential Class II Type - II.

How the guideline value of A.K.J.Colony has changed

The guideline value for A.K.J.Colony has seen changes over the years, with the most recent revision in 2024 setting the value at Rs 1,003 per sq.ft. Prior to this, the 2023 revision recorded a value of Rs 1,000 per sq.ft. Notably, there are no figures available for the revisions in 2017, 2012, 2007, 2003, and 2002 for this street.

From 2023 to 2024, the guideline value increased by 0%. This indicates that the value has remained stable in the most recent revision compared to the previous year.

Guideline values in Kuniyamuthur

In Kuniyamuthur, there are 410 streets under the Coimbatore South Joint 1 SRO with guideline values ranging from Rs 1,000 to Rs 1,550 per sq.ft. The median guideline value in this area is Rs 1,003 per sq.ft, which is equal to the 2024 figure for A.K.J.Colony.

• Akshaya Garden: Rs 1,001 per sq.ft (2024)
• Alakaatchi Thottam: Rs 1,003 per sq.ft (2024)
• Alamel Avenue: Rs 1,003 per sq.ft (2024)
• Aditya Garden: Rs 1,001 per sq.ft (2024)
• Amasai Gounder Street: Rs 1,003 per sq.ft (2024)
• Abirami Nagar: Rs 1,200 per sq.ft (2024)

Stamp duty and registration fee for property in A.K.J.Colony

For a 1,000 sq.ft plot at the current rate of Rs 1,003 per sq.ft, the guideline value amounts to Rs 10,03,000. The stamp duty at 7% would be Rs 70,210, and the registration fee at 2% would be Rs 20,060, totaling Rs 90,270. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers A.K.J.Colony?

The Sub Registrar Office that covers A.K.J.Colony is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. For more information, you can find your SRO.

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

The guideline value is a critical component during the registration of property transactions in Kuniyamuthur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable duties and fees. This ensures that the government receives the correct revenue based on the value of the property being transferred.

Frequently asked questions

What is the current guideline value of A.K.J.Colony?

The current guideline value of A.K.J.Colony is Rs 1,003 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for A.K.J.Colony has changed from Rs 1,000 per sq.ft in 2023 to Rs 1,003 per sq.ft in 2024. There are no figures available for the revisions in 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification of A.K.J.Colony?

A.K.J.Colony is classified as Residential Class II Type - II. This classification is important for determining the appropriate uses and regulations for the area.

What are the stamp duty rates applicable in A.K.J.Colony?

The stamp duty rate in A.K.J.Colony is 7% of the guideline value or sale price, whichever is higher. Additionally, a registration fee of 2% is applicable.

Where can I find the Sub Registrar Office for A.K.J.Colony?

The Sub Registrar Office that covers A.K.J.Colony is located at No.410a, Raja Street, Coimbatore-641001. You can find more details by searching for your SRO online.