Guideline Value for AADHINI AVENUE

Aadhini Avenue guideline value

The current guideline value of Aadhini Avenue is Rs 825 per sq.ft, effective from 1 July 2024. This street is located in Ottarpalayam village under the Singanallur SRO, and it falls under the Residential Class I Type - I land classification.

How the guideline value of Aadhini Avenue has changed

The guideline value for Aadhini Avenue has undergone several revisions over the years. The register has no figure for this street for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was set at Rs 750 per sq.ft. The most recent revision in 2024 increased this value by 10% to Rs 825 per sq.ft.

This increase reflects the changes in the guideline value from Rs 750 per sq.ft in 2023 to Rs 825 per sq.ft in 2024. The current guideline value is higher than the previous year, indicating a notable adjustment in the valuation for properties on Aadhini Avenue.

Guideline values in Ottarpalayam

In Ottarpalayam village, there are 92 streets under the Singanallur SRO that carry a 2024 guideline value, ranging from Rs 255 to Rs 1,500 per sq.ft. The median guideline value for these streets is Rs 495 per sq.ft, placing Aadhini Avenue's 2024 figure above this median.

• Agathiar veethy: Rs 495 per sq.ft (2024)
• Agathiyar Nagar: Rs 385 per sq.ft (2024)
• Anagadevar Street: Rs 385 per sq.ft (2024)
• Andal Nagar: Rs 405 per sq.ft (2024)
• Angappan veethy: Rs 385 per sq.ft (2024)
• Arul Murugan Nagar (382): Rs 825 per sq.ft (2024)

Stamp duty and registration fee for property in Aadhini Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 825 per sq.ft, the total guideline value would be Rs 8,25,000. The stamp duty at 7% would amount to Rs 57,750, and the registration fee at 2% would be Rs 16,500, bringing the total cost for these fees to Rs 74,250. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Aadhini Avenue?

Aadhini Avenue falls under the jurisdiction of 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 details.

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

The guideline value plays a crucial role during the registration of property transactions in Ottarpalayam. It is used to determine the stamp duty and registration fees that are applicable when a property is bought or sold.

When registering a property, the guideline value is considered as the baseline for calculating the fees, ensuring that the transaction is in line with the officially recognized property values in the area.

Frequently asked questions

What is the current guideline value of Aadhini Avenue?

The current guideline value of Aadhini Avenue is Rs 825 per sq.ft, effective from 1 July 2024.

How much was the guideline value in 2023?

In 2023, the guideline value for Aadhini Avenue was Rs 750 per sq.ft.

What is the land classification for Aadhini Avenue?

Aadhini Avenue is classified under Residential Class I Type - I land classification.

What are the stamp duty and registration fees for a property in Aadhini Avenue?

The stamp duty is calculated at 7% of the guideline value, and the registration fee is 2%. For example, for a 1,000 sq.ft plot, the total fees would be Rs 74,250.

Which office handles the registration for Aadhini Avenue?

The Singanallur Sub Registrar Office handles the registration for Aadhini Avenue, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.