Guideline Value for A.S.Nagar Lakshmi Gardens

A.S.Nagar Lakshmi Gardens guideline value

The current guideline value of A.S.Nagar Lakshmi Gardens is Rs 1,002 per sq.ft, effective from 1 July 2024. This property is located in Villankuruchicorpration village, under the Ganapathy SRO, and is classified as Residential Class I Type - III.

How the guideline value of A.S.Nagar Lakshmi Gardens has changed

The guideline value for A.S.Nagar Lakshmi Gardens has undergone several revisions over the years. In 2012, the guideline value was Rs 750 per sq.ft, which decreased to Rs 502 per sq.ft in 2017. Following this, the value increased significantly to Rs 1,000 per sq.ft in 2023, and it has now reached Rs 1,002 per sq.ft in the 2024 revision. It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, there was a substantial increase of 99%. Overall, comparing the figures from 2012 to 2024, there has been an increase of 34% in the guideline value.

Guideline values in Villankuruchicorpration

In Villankuruchicorpration, there are 168 streets under the Ganapathy SRO that carry a 2024 guideline value ranging from Rs 1,002 to Rs 5,600 per sq.ft. The median guideline value for these streets is Rs 1,003 per sq.ft, making the 2024 figure for A.S.Nagar Lakshmi Gardens slightly below the median.

• A.S Nagar: Rs 1,004 per sq.ft (2024)
• Atharsh Gardens: Rs 1,002 per sq.ft (2024)
• Avinashi Road: Rs 5,600 per sq.ft (2024)
• Arima Wake Field: Rs 5,600 per sq.ft (2024)
• Arima Crown Meadows: Rs 2,675 per sq.ft (2024)
• Argus Nagar,Valluvar Nagar,1,2,3 Th Cross: Rs 2,800 per sq.ft (2024)

Stamp duty and registration fee for property in A.S.Nagar Lakshmi Gardens

For a 1,000 sq.ft plot at the current guideline value of Rs 1,002 per sq.ft, the total guideline value amounts to Rs 10,02,000. The stamp duty, calculated at 7%, would be Rs 70,140, while the registration fee at 2% would be Rs 20,040. Therefore, the total cost for stamp duty and registration would be Rs 90,180. Please 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.S.Nagar Lakshmi Gardens?

The A.S.Nagar Lakshmi Gardens falls under the Ganapathy Sub Registrar Office located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006. For more information, you can find your SRO.

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

The guideline value plays a crucial role in property transactions in Villankuruchicorpration. When buying or selling a property, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that the transaction is recorded accurately in the official register.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the financial aspects of property registration. Understanding these values can help in making informed decisions during property transactions.

Frequently asked questions

What is the current guideline value of A.S.Nagar Lakshmi Gardens?

The current guideline value of A.S.Nagar Lakshmi Gardens is Rs 1,002 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 750 per sq.ft in 2012 to Rs 1,002 per sq.ft in 2024, with notable increases in 2023 and 2024.

What is the registration office for A.S.Nagar Lakshmi Gardens?

The registration office for A.S.Nagar Lakshmi Gardens is the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006.

How is stamp duty calculated for properties in A.S.Nagar Lakshmi Gardens?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at the current guideline value, the total guideline value would be Rs 10,02,000.

Where can I find more information about stamp duty and registration fees?

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