Guideline Value

Corporate

Guideline Value for A.S.P. VETHA NAGAR

₹616/sq.ft.

The guideline value for A.s.p. Vetha Nagar in Kangeyam village (Kangeyam SRO, Coimbatore zone) is Rs 616 per sq.ft, effective 1 July 2024. It was Rs 550 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Kangeyam

Village

Kangeyam

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹616 /sq.ft.
From 1-4-2023 ₹550 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹368 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹550 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
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.8, Taluk Office Campus, Kangeyam - 638701
04257-299475
[email protected]

DRO (District Registrar Office)

1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.
0421-2960044
[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on A.s.p. Vetha Nagar

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A.S.P. Vetha Nagar guideline value

The current guideline value of A.S.P. Vetha Nagar is Rs 616 per sq.ft, effective from 1 July 2024. This area is located in Kangeyam village, under the Kangeyam SRO, and is classified as Residential Class I Type - III.

How the guideline value of A.S.P. Vetha Nagar has changed

The guideline value for A.S.P. Vetha Nagar has undergone several revisions over the years. The 2012 revision set the value at Rs 550 per sq.ft, which then decreased to Rs 368 per sq.ft in 2017. Following this, the value increased to Rs 550 per sq.ft in 2023, and currently stands at Rs 616 per sq.ft in the 2024 revision. There are no figures available for the years 2002, 2003, and 2007 for this street.

From the 2012 revision to the 2017 revision, there was a decrease of 33%. However, from 2017 to 2023, the value increased by 49%. The increase from the 2023 revision to the current 2024 revision is 12%. Overall, comparing the 2012 and 2024 revisions, there has been a net increase of 12%.

Guideline values in Kangeyam

In Kangeyam, there are 202 streets under the Kangeyam SRO with a 2024 guideline value ranging from Rs 331 to Rs 1,120 per sq.ft, with a median value of Rs 448 per sq.ft. A.S.P. Vetha Nagar's 2024 guideline value of Rs 616 per sq.ft is above this median.

Stamp duty and registration fee for property in A.S.P. Vetha Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 616 per sq.ft, the total guideline value would be Rs 6,16,000. The stamp duty at 7% would amount to Rs 43,120, while the registration fee at 2% would be Rs 12,320, resulting in a total of Rs 55,440. It is important to note that the 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 details.

Which Sub Registrar Office covers A.S.P. Vetha Nagar?

The Sub Registrar Office that covers A.S.P. Vetha Nagar is the Kangeyam Sub Registrar Office, located at No.8, Taluk Office Campus, Kangeyam - 638701, Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value plays a crucial role when buying or selling property in Kangeyam, as it determines the minimum value at which a property can be registered. This value is used to calculate stamp duty and registration fees, ensuring that the transaction is legally compliant.

When a property is sold, the guideline value helps in assessing the fair value for taxation purposes. Buyers and sellers must be aware of the current guideline value to avoid discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of A.S.P. Vetha Nagar?

The current guideline value of A.S.P. Vetha Nagar is Rs 616 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 550 per sq.ft in 2012 to Rs 368 per sq.ft in 2017, then increased to Rs 550 per sq.ft in 2023, and is now Rs 616 per sq.ft in 2024. The value has seen both increases and decreases over the years.

What is the median guideline value in Kangeyam?

The median guideline value in Kangeyam for 2024 is Rs 448 per sq.ft. A.S.P. Vetha Nagar's guideline value is above this median.

What are the stamp duty rates for properties in A.S.P. Vetha Nagar?

The stamp duty for properties in A.S.P. Vetha Nagar is charged at 7% of the guideline value or sale price, whichever is higher. Registration fees are charged at 2% of the guideline value.

Where can I find the Sub Registrar Office for A.S.P. Vetha Nagar?

The Sub Registrar Office for A.S.P. Vetha Nagar is located at No.8, Taluk Office Campus, Kangeyam - 638701, Coimbatore registration zone. This office handles all registrations for the area.