Guideline Value for A.V.M Garden

A.V.M Garden guideline value

The current guideline value of A.V.M Garden is Rs 1,680 per sq.ft, effective from 1 July 2024. This property is located in Uppilipalayam village, under the jurisdiction of the Singanallur SRO. The land classification for this area is Residential Special Type - III.

How the guideline value of A.V.M Garden has changed

The guideline value for A.V.M Garden has seen several revisions over the years. In 2007, the value was Rs 400 per sq.ft, which increased significantly to Rs 1,500 per sq.ft in 2012. However, this value dropped to Rs 1,005 per sq.ft in 2017. Following that, the value rose to Rs 1,500 per sq.ft in 2023, and most recently, it has increased to Rs 1,680 per sq.ft in 2024, marking a 12% increase from the previous year.

Between the revisions, the most notable change occurred from 2007 to 2012, where the value surged by 275%. The period from 2017 to 2023 saw a 49% increase, while the overall increase from 2007 to 2024 stands at 320%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Uppilipalayam

In Uppilipalayam, there are 361 streets under the Singanallur SRO that have a 2024 guideline value ranging from Rs 1,001 to Rs 6,160 per sq.ft. The median guideline value for these streets is Rs 1,232 per sq.ft, placing A.V.M Garden's 2024 figure above that median.

• Ayyappa naidu street: Rs 1,002 per sq.ft (2024)
• Ayyar Layout: Rs 1,232 per sq.ft (2024)
• Badrakaliyamman koil street: Rs 1,002 per sq.ft (2024)
• Bajanai Kovil Street: Rs 1,002 per sq.ft (2024)
• Baladhandautham Nagar: Rs 2,016 per sq.ft (2024)
• Baladhandauthapuram: Rs 2,016 per sq.ft (2024)

Stamp duty and registration fee for property in A.V.M Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,680 per sq.ft, the total guideline value would be Rs 16,80,000. The stamp duty at 7% would amount to Rs 1,17,600, and the registration fee at 2% would be Rs 33,600, bringing the total to Rs 1,51,200. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers A.V.M Garden?

The A.V.M Garden area falls under the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Uppilipalayam. 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 registration regulations.

During the registration process, the guideline value is used to calculate applicable duties and fees. This ensures that both parties are aware of the financial implications of the transaction based on the established guideline value.

Frequently asked questions

What is the current guideline value of A.V.M Garden?

The current guideline value of A.V.M Garden is Rs 1,680 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2007 to Rs 1,680 per sq.ft in 2024, showing an overall increase of 320% over the years.

What are the stamp duty and registration fees for A.V.M Garden?

The stamp duty is calculated at 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total stamp duty and registration fees would be Rs 1,51,200.

Which office handles property registrations for A.V.M Garden?

The Singanallur Sub Registrar Office handles property registrations for A.V.M Garden, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.

What is the significance of the guideline value in property transactions?

The guideline value is used to determine the minimum registration value for properties. It plays a vital role in calculating the applicable stamp duty and registration fees during property transactions.