Guideline Value for A.T.T Colony I

A.T.T Colony I guideline value

The current guideline value of A.T.T Colony I, located in Ward-1 village under the Coimbatore North Joint 1 SRO, is Rs 4,400 per sq.ft, effective from 1 July 2024. This area is classified as Residential Special Type - III.

How the guideline value of A.T.T Colony I has changed

The guideline value of A.T.T Colony I has seen several revisions over the years. The 2007 revision set the value at Rs 2,805 per sq.ft, which increased to Rs 4,000 per sq.ft in 2012. However, this was followed by a decrease to Rs 2,680 per sq.ft in 2017. From 2017 to 2023, the value rose significantly to Rs 4,000 per sq.ft, marking a 49% increase. The most recent 2024 revision has further increased the guideline value to Rs 4,400 per sq.ft, reflecting a 10% rise from the previous year.

There are no figures available for the years 2002 and 2003 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 57%.

Guideline values in Ward-1

In Ward-1, there are 97 streets under the Coimbatore North Joint 1 SRO that have a 2024 guideline value ranging from Rs 1,400 to Rs 7,900 per sq.ft, with a median of Rs 3,400 per sq.ft. A.T.T Colony I's 2024 figure of Rs 4,400 per sq.ft is above this median.

• A.T.T Colony II: Rs 4,400 per sq.ft (2024)
• A.T Devarajalu Road: Rs 4,400 per sq.ft (2024)
• Avinashi Road Main: Rs 7,900 per sq.ft (2024)
• Arts College Road Lane: Rs 4,900 per sq.ft (2024)
• Arts College Road: Rs 7,900 per sq.ft (2024)
• Bajanai Kovil Lane: Rs 1,700 per sq.ft (2024)

Stamp duty and registration fee for property in A.T.T Colony I

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value would be Rs 44,00,000. The stamp duty at 7% would amount to Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, bringing the total to Rs 3,96,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers A.T.T Colony I?

A.T.T Colony I falls under the Coimbatore North Joint 1 Sub Registrar Office. The office is located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Ward-1

The guideline value is a crucial factor when buying or selling property in Ward-1. It serves as a benchmark for determining the registration fees and stamp duty that must be paid during the transaction. Buyers should be aware that the guideline value is used to calculate these fees, ensuring that they are paying the correct amount based on the property's value.

When registering a property, the guideline value helps establish the official value of the property for legal and taxation purposes. This ensures transparency and compliance with local regulations, making it essential for both buyers and sellers to understand the current guideline value applicable to their property.

Frequently asked questions

What is the current guideline value of A.T.T Colony I?

The current guideline value of A.T.T Colony I is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,805 per sq.ft in 2007 to Rs 4,400 per sq.ft in 2024, showing an overall increase of 57% over the years.

What is the registration office for A.T.T Colony I?

The registration office for A.T.T Colony I is the Coimbatore North Joint 1 Sub Registrar Office, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001.

What are the stamp duty and registration fees for property in A.T.T Colony I?

For a property valued at Rs 44,00,000, the stamp duty would be Rs 3,08,000 and the registration fee would be Rs 88,000, totaling Rs 3,96,000.

Where can I find more information about guideline values in Ward-1?

More information about guideline values in Ward-1 can be found on the official registration department's website or by visiting the Coimbatore North Joint 1 SRO.