Guideline Value for AADHARSH GARDEN

Aadharsh Garden guideline value

The current guideline value of Aadharsh Garden, located in Villankuruchi village under the Ganapathy SRO, is Rs 1,010 per sq.ft, effective from 1 July 2024. This area falls under the Residential Class I Type - I land classification.

How the guideline value of Aadharsh Garden has changed

The guideline value for Aadharsh Garden has seen significant changes over the years. The 2017 revision set the value at Rs 502 per sq.ft, which increased to Rs 1,000 per sq.ft in the 2023 revision. The latest revision in 2024 has raised the guideline value to Rs 1,010 per sq.ft, marking a 1% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, there has been a substantial increase of 101%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Villankuruchi

In Villankuruchi, there are 275 streets under the Ganapathy SRO that carry a 2024 guideline value, ranging from Rs 1,001 to Rs 3,220 per sq.ft, with a median value of Rs 1,008 per sq.ft. Aadharsh Garden's current 2024 figure is above this median.

• Abinaya Gardens: Rs 1,680 per sq.ft (2024)
• Akkammal lay out: Rs 1,008 per sq.ft (2024)
• Ambal Nagar: Rs 1,008 per sq.ft (2024)
• Ambethkhar Nagar: Rs 1,005 per sq.ft (2024)
• A M D Nagar: Rs 1,006 per sq.ft (2024)
• Amman Nagar Peace-1,2,3,4: Rs 1,010 per sq.ft (2024)

Stamp duty and registration fee for property in Aadharsh Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,010 per sq.ft, the total guideline value would be Rs 10,10,000. The stamp duty at 7% would amount to Rs 70,700, and the registration fee at 2% would be Rs 20,200, bringing the total to Rs 90,900. 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 further calculations.

Which Sub Registrar Office covers Aadharsh Garden?

The Sub Registrar Office that covers Aadharsh Garden is the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006. You can find your SRO for more information.

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

The guideline value is a critical factor during the registration of property transactions in Villankuruchi. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling a property.

When a property is registered, the guideline value helps ensure that the transaction is recorded at a fair value, preventing any undervaluation that could affect tax revenues. Buyers and sellers should be aware of the current guideline values to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Aadharsh Garden?

The current guideline value of Aadharsh Garden is Rs 1,010 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 502 per sq.ft in 2017 to Rs 1,010 per sq.ft in 2024, marking an overall increase of 101% over these years.

What is the land classification for Aadharsh Garden?

Aadharsh Garden falls under the Residential Class I Type - I land classification.

What are the stamp duty and registration fees for Aadharsh Garden?

The total stamp duty and registration fees for a 1,000 sq.ft plot at the current guideline value would amount to Rs 90,900, which includes Rs 70,700 for stamp duty and Rs 20,200 for the registration fee.

Which Sub Registrar Office covers Aadharsh Garden?

The Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006, covers Aadharsh Garden.