Guideline Value for AASATH STREET WARD-4

Aasath Street Ward-4 guideline value

The current guideline value of Aasath Street Ward-4 is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in East_komaralingam village and falls under the Kaniyur SRO. The land classification for this area is Residential Class III Type - V.

How the guideline value of Aasath Street Ward-4 has changed

The guideline value for Aasath Street Ward-4 has seen several revisions over the years. In 2007, the value was Rs 40 per sq.ft, which increased significantly to Rs 160 per sq.ft in 2012. However, this figure decreased by 33% to Rs 107 per sq.ft in 2017. The guideline value then rose by 87% to Rs 200 per sq.ft in 2023, remaining unchanged in the 2024 revision.

There are no figures available in the register for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 400%, reflecting the changes in the area over the years.

Guideline values in East_komaralingam

In East_komaralingam, there are 56 streets under the Kaniyur SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 200 per sq.ft, with a median value of Rs 200 per sq.ft. Aasath Street Ward-4's 2024 figure is equal to this median.

• Alagan Street Ward-2: Rs 200 per sq.ft (2024)
• Angalamman Kovil Street Ward-7: Rs 200 per sq.ft (2024)
• Chellapparummal Street Ward -5: Rs 200 per sq.ft (2024)
• Chenna Karuppanan Street Ward-5: Rs 200 per sq.ft (2024)
• East Agragaram Ward-4: Rs 200 per sq.ft (2024)
• Galani Street-1 Ward-9: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Aasath Street Ward-4

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, making the total Rs 18,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Aasath Street Ward-4?

The Aasath Street Ward-4 is covered by the Kaniyur Sub Registrar Office, located at 61, Madathukulam Main Road, Kaniyur, Madathukulam Taluk, Tirupur District - 642 203, Coimbatore registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in property transactions in East_komaralingam. It is used as a benchmark for calculating stamp duty and registration fees during the registration process. Buyers and sellers must be aware of this value to ensure compliance with local regulations.

When a property is sold, the guideline value helps determine the official value for taxation purposes. It is essential to consider this value, as it can impact the overall costs associated with property transactions in the area.

Frequently asked questions

What is the current guideline value of Aasath Street Ward-4?

The current guideline value of Aasath Street Ward-4 is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 40 per sq.ft in 2007 to Rs 200 per sq.ft in 2024, marking a 400% increase over this period.

What is the land classification for Aasath Street Ward-4?

Aasath Street Ward-4 is classified as Residential Class III Type - V.

Where can I find the Kaniyur Sub Registrar Office?

The Kaniyur Sub Registrar Office is located at 61, Madathukulam Main Road, Kaniyur, Madathukulam Taluk, Tirupur District - 642 203, Coimbatore registration zone.

How is stamp duty calculated for properties in Aasath Street Ward-4?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For a 1,000 sq.ft plot at the current rate, the total cost including stamp duty and registration fees would be Rs 18,000.