Guideline Value for A.M.S.GARDEN

A.M.S.Garden guideline value

The current guideline value of A.M.S.Garden in Veerapandi village is Rs 390 per sq.ft, effective from 1 July 2024. This property falls under the Residential Class I Type - I land classification and is registered with the Periyanayakkan Palayam SRO.

How the guideline value of A.M.S.Garden has changed

The guideline value for A.M.S.Garden has seen several revisions over the years. The 2012 revision set the value at Rs 350 per sq.ft, which then decreased to Rs 234 per sq.ft in the 2017 revision. Following this, the value increased significantly by 50% to Rs 350 per sq.ft in 2023. The most recent revision in 2024 brought the value up to Rs 390 per sq.ft, marking an 11% increase from the previous year.

There are no figures available for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 11%.

Guideline values in Veerapandi

In Veerapandi, there are 201 streets under the Periyanayakkan Palayam SRO, with guideline values ranging from Rs 220 to Rs 1,050 per sq.ft. The median guideline value for the village is Rs 330 per sq.ft, placing A.M.S.Garden's 2024 figure above this median.

• Amman Nagar: Rs 280 per sq.ft (2024)
• Amman Kovil Thota Sandhu: Rs 220 per sq.ft (2024)
• Amman Avenue: Rs 235 per sq.ft (2024)
• Aniiv Avenue: Rs 330 per sq.ft (2024)
• Anjal Avenue: Rs 390 per sq.ft (2024)
• Anjali Garden: Rs 390 per sq.ft (2024)

Stamp duty and registration fee for property in A.M.S.Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 390 per sq.ft, the total guideline value amounts to Rs 3,90,000. The stamp duty at 7% would be Rs 27,300, and the registration fee at 2% would be Rs 7,800, bringing the total fees to Rs 35,100. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers A.M.S.Garden?

The Sub Registrar Office that covers A.M.S.Garden is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Veerapandi. It serves as a benchmark for determining the minimum value on which stamp duty and registration fees are calculated.

When a property is sold, the guideline value helps ensure that the transaction is recorded at a fair value, reflecting the current market conditions. This value is essential for legal documentation and compliance with local regulations.

Frequently asked questions

What is the current guideline value of A.M.S.Garden?

The current guideline value of A.M.S.Garden is Rs 390 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 350 per sq.ft in 2012 to Rs 234 per sq.ft in 2017, then increased to Rs 350 per sq.ft in 2023, and finally to Rs 390 per sq.ft in 2024.

What is the median guideline value in Veerapandi?

The median guideline value in Veerapandi is Rs 330 per sq.ft, with A.M.S.Garden's 2024 figure being above this median.

What are the stamp duty and registration fees for A.M.S.Garden?

For a 1,000 sq.ft plot, the total guideline value is Rs 3,90,000, with a stamp duty of Rs 27,300 and a registration fee of Rs 7,800, totaling Rs 35,100.

Where is the Sub Registrar Office for A.M.S.Garden located?

The Sub Registrar Office for A.M.S.Garden is located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.