Guideline Value

Corporate

Guideline Value for A.K.Muthukumarasamy Layout

₹675/sq.ft.

The guideline value for A.k.muthukumarasamy Layout in Ward 4 village (Pollachi SRO, Coimbatore zone) is Rs 675 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward 4

Village

Pollachi

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹675 /sq.ft.
From 1-4-2023 ₹675 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹452 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹675 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹485 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001.
04259-210067
[email protected]

DRO (District Registrar Office)

District Registrar Office Coimbatore (south), Fifth Floor, Singapore Plaza, Crosscut Road, Gandhipuram, Coimbatore 641012.
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[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]

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A.K.Muthukumarasamy Layout guideline value

The current guideline value for A.K.Muthukumarasamy Layout is Rs 675 per sq.ft, effective from 1 July 2024. This layout is located in Ward 4 village under the Pollachi SRO and is classified as Residential Class IV Type - I.

How the guideline value of A.K.Muthukumarasamy Layout has changed

The guideline value for A.K.Muthukumarasamy Layout has seen several revisions over the years. In the 2007 revision, the rate was Rs 485 per sq.ft, which increased to Rs 675 per sq.ft in the 2012 revision, marking a 39% rise. However, in the 2017 revision, the value dropped to Rs 452 per sq.ft, a decrease of 33%. Subsequently, the rate increased significantly to Rs 675 per sq.ft in the 2023 revision, maintaining the same value in the 2024 revision, resulting in a 49% increase from 2017 to 2023.

It is important to note that there are no figures available for the years 2002 and 2003 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 39%.

Guideline values in Ward 4

In Ward 4, there are 116 streets under the Pollachi SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 2,500 per sq.ft, with a median value of Rs 675 per sq.ft. The guideline value for A.K.Muthukumarasamy Layout is equal to this median.

Stamp duty and registration fee for property in A.K.Muthukumarasamy Layout

For a 1,000 sq.ft plot at the current guideline value of Rs 675 per sq.ft, the total guideline value amounts to Rs 6,75,000. The stamp duty at 7% would be Rs 47,250, and the registration fee at 2% would be Rs 13,500, bringing the total fees to Rs 60,750. 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 details.

Which Sub Registrar Office covers A.K.Muthukumarasamy Layout?

The A.K.Muthukumarasamy Layout falls under the Pollachi Sub Registrar Office, located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward 4

The guideline value is a crucial factor during the registration of property transactions in Ward 4. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is bought or sold, the guideline value helps ensure that the transaction is recorded at a fair value, reflecting the current market conditions as per the official records. Buyers and sellers should be aware of the guideline value to accurately assess their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of A.K.Muthukumarasamy Layout?

The current guideline value of A.K.Muthukumarasamy Layout is Rs 675 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 485 per sq.ft in 2007 to Rs 675 per sq.ft in 2012, then decreased to Rs 452 per sq.ft in 2017, before rising back to Rs 675 per sq.ft in 2023 and remaining the same in 2024.

What are the other streets in Ward 4 with similar guideline values?

Other streets in Ward 4 with a guideline value of Rs 675 per sq.ft include A.K.Nagar, Alagu Nagar, and Anbu Nagar. A.K.S.Layout has a lower value of Rs 420 per sq.ft.

What fees are associated with property transactions in A.K.Muthukumarasamy Layout?

For a property valued at Rs 6,75,000, the stamp duty is Rs 47,250, and the registration fee is Rs 13,500, totaling Rs 60,750. These fees are based on the guideline value.

Where can I find the Sub Registrar Office for A.K.Muthukumarasamy Layout?

The Sub Registrar Office covering A.K.Muthukumarasamy Layout is located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001. You can find more information about your SRO online.