Guideline Value for A.S.M.NAGAR EXN

A.S.M.Nagar Exn guideline value

The current guideline value of A.S.M.Nagar Exn is Rs 704 per sq.ft. This area is located in Chettipalayam village and falls under the Tiruppur Joint I SRO. The land classification for this street is Residential Class I Type - II.

How the guideline value of A.S.M.Nagar Exn has changed

The guideline value for A.S.M.Nagar Exn has undergone several revisions over the years. The 2017 revision set the value at Rs 301 per sq.ft. This figure remained unchanged until the 2023 revision, which also recorded Rs 704 per sq.ft. The 2024 revision has maintained this value at Rs 704 per sq.ft, indicating no change from the previous year.

Between the 2017 and 2023 revisions, there was a significant increase of 134%. Overall, from 2017 to 2024, the guideline value has also increased by 134%. It is important to note that the register does not contain figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Chettipalayam

In Chettipalayam, there are 100 streets under the Tiruppur Joint I SRO that carry a 2024 guideline value ranging from Rs 700 to Rs 1,000 per sq.ft. The median value for these streets is Rs 703 per sq.ft, placing the A.S.M.Nagar Exn guideline value above this median.

• A.S.M.R Garden: Rs 835 per sq.ft (2024)
• A.S.M.Colony: Rs 703 per sq.ft (2024)
• Athupalayam: Rs 703 per sq.ft (2024)
• Avinashigoundampalayam: Rs 704 per sq.ft (2024)
• Avinashi Goundampalayam Aruljothi Nagar: Rs 704 per sq.ft (2024)
• A.V.P.J.S Aiswarryam: Rs 705 per sq.ft (2024)

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

For a 1,000 sq.ft plot at the current guideline value of Rs 704 per sq.ft, the total guideline value amounts to Rs 7,04,000. The stamp duty at 7% would be Rs 49,280, and the registration fee at 2% would be Rs 14,080, bringing the total charges to Rs 63,360. Duty is charged on the higher of the guideline value and the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers A.S.M.Nagar Exn?

The A.S.M.Nagar Exn area is covered by the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602., Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is a critical factor in the registration process when buying or selling property in Chettipalayam. It is used to determine the stamp duty and registration fees that must be paid at the time of the transaction.

When a property is sold, the guideline value serves as a baseline for calculating these fees, ensuring that the government receives the appropriate revenue based on the property's assessed value.

Frequently asked questions

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

The current guideline value of A.S.M.Nagar Exn is Rs 704 per sq.ft, effective from July 1, 2024.

How much has the guideline value changed since 2017?

Since 2017, the guideline value has increased by 134%, rising from Rs 301 per sq.ft to Rs 704 per sq.ft.

What is the median guideline value in Chettipalayam?

The median guideline value for streets in Chettipalayam is Rs 703 per sq.ft, with A.S.M.Nagar Exn being above this median at Rs 704 per sq.ft.

What are the stamp duty rates in A.S.M.Nagar Exn?

The stamp duty rate for property transactions in A.S.M.Nagar Exn is 7%, while the registration fee is 2% of the guideline value or sale price, whichever is higher.

Which office handles registrations for A.S.M.Nagar Exn?

The Tiruppur Joint I Sub Registrar Office handles registrations for A.S.M.Nagar Exn, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602., Coimbatore registration zone.