Guideline Value for A.P.Gardens

A.P.Gardens guideline value

The current guideline value of A.P.Gardens is Rs 1,005 per sq.ft, effective from 1 July 2024. This property is located in Vadavalli village, under the Vadavalli SRO, and is classified as Residential Class IV Type - III.

How the guideline value of A.P.Gardens has changed

The guideline value for A.P.Gardens has seen significant revisions over the years. The 2017 revision set the value at Rs 469 per sq.ft, which increased to Rs 1,000 per sq.ft in the 2023 revision. The most recent revision in 2024 raised the value to Rs 1,005 per sq.ft, marking a 1% increase from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 114%.

There are no recorded figures for A.P.Gardens in the years 2002, 2003, 2007, and 2012. The 2023 revision reflects a substantial increase of 113% from the 2017 value, indicating a significant rise in the guideline value over the years.

Guideline values in Vadavalli

In Vadavalli, there are 461 streets under the Vadavalli SRO that have a 2024 guideline value ranging from Rs 1,000 to Rs 2,200 per sq.ft, with a median value of Rs 1,100 per sq.ft. A.P.Gardens' 2024 figure of Rs 1,005 per sq.ft is below this median.

• Anna Street: Rs 1,000 per sq.ft (2024)
• Arijana Colony: Rs 1,006 per sq.ft (2024)
• Anna Nagar: Rs 1,004 per sq.ft (2024)
• Aringar Anna Co-op Nagar: Rs 1,000 per sq.ft (2024)
• Arul Gardens: Rs 1,100 per sq.ft (2024)
• Annai Velangani Nagar: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in A.P.Gardens

For a 1,000 sq.ft plot at the current guideline value of Rs 1,005 per sq.ft, the total guideline value amounts to Rs 10,05,000. The stamp duty at 7% would be Rs 70,350, and the registration fee at 2% would be Rs 20,100, making the total cost for these fees Rs 90,450. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more details on the fees applicable to your property transaction.

Which Sub Registrar Office covers A.P.Gardens?

A.P.Gardens falls under the jurisdiction of the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046, in the Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor during property transactions in Vadavalli. It serves as a benchmark for determining the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with legal requirements during the registration process.

When registering a property, the guideline value is used to calculate the applicable stamp duty and registration fees. These fees are calculated based on the higher value between the guideline value and the actual sale price, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of A.P.Gardens?

The current guideline value of A.P.Gardens is Rs 1,005 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 469 per sq.ft to Rs 1,005 per sq.ft in 2024, reflecting an overall increase of 114% over this period.

What is the land classification of A.P.Gardens?

A.P.Gardens is classified as Residential Class IV Type - III, indicating its designation for residential use.

What are the stamp duty and registration fees for a property in A.P.Gardens?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a property valued at Rs 10,05,000, the total fees would amount to Rs 90,450.

Which office handles registrations for A.P.Gardens?

The Vadavalli Sub Registrar Office handles registrations for A.P.Gardens, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.