Guideline Value for ACMAMill Road

ACMAMill Road guideline value

The current guideline value of ACMAMill Road is Rs 1,426 per sq.ft, effective from 1 July 2024. This road is located in Ward 4 village under the Pollachi SRO, classified as Commercial Class I Type - II.

How the guideline value of ACMAMill Road has changed

Since the 2002 revision, ACMAMill Road has seen significant changes in its guideline value. The register indicates that in 2002, the guideline value was Rs 258 per sq.ft, which increased to Rs 279 per sq.ft in 2003, marking an increase of 8%. The value then surged to Rs 1,155 per sq.ft in 2007, reflecting a remarkable increase of 314%. In 2012, the guideline value was recorded at Rs 1,425 per sq.ft, showing a decrease of 33% from the previous revision. The value then dropped to Rs 955 per sq.ft in 2017, which was a 49% increase from the 2012 figure. The guideline value remained at Rs 1,426 per sq.ft in both the 2023 and 2024 revisions, indicating no change between these two years.

Guideline values in Ward 4

In Ward 4, a total of 116 streets are recorded under the Pollachi SRO with a 2024 guideline value ranging from Rs 300 to Rs 2,500 per sq.ft. The median guideline value for these streets is Rs 675 per sq.ft, placing ACMAMill Road's 2024 figure above this median.

• Abdhulkam Aasath Street: Rs 1,500 per sq.ft (2024)
• A.K.Muthukumarasamy Layout: Rs 675 per sq.ft (2024)
• A.K.Nagar: Rs 675 per sq.ft (2024)
• A.K.S.Layout: Rs 420 per sq.ft (2024)
• Alagu Nagar: Rs 675 per sq.ft (2024)
• Anbu Nagar: Rs 675 per sq.ft (2024)

Stamp duty and registration fee for property in ACMAMill Road

For a 1,000 sq.ft plot at the current rate of Rs 1,426 per sq.ft, the guideline value amounts to Rs 14,26,000. The stamp duty at 7% would be Rs 99,820, and the registration fee at 2% would be Rs 28,520, resulting in a total of Rs 1,28,340. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for further assistance.

Which Sub Registrar Office covers ACMAMill Road?

The Sub Registrar Office covering ACMAMill Road is the Pollachi Sub Registrar Office, located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001, in the Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward 4

The guideline value is a crucial factor in property transactions in Ward 4, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees that need to be paid during the registration process.

It is essential for buyers and sellers to be aware of the current guideline value to ensure compliance with legal requirements and to accurately assess the financial implications of their property transactions. This value serves as a reference point for both parties involved in the sale.

Frequently asked questions

What is the current guideline value of ACMAMill Road?

The current guideline value of ACMAMill Road is Rs 1,426 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 258 per sq.ft in 2002 to Rs 1,426 per sq.ft in 2024, showing an overall increase of 453% over the years.

What are the stamp duty and registration fees for property in ACMAMill Road?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 1,28,340.

Which office handles the registration for ACMAMill Road?

The Pollachi Sub Registrar Office handles the registration for ACMAMill Road, located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001.

What is the median guideline value for streets in Ward 4?

The median guideline value for streets in Ward 4 is Rs 675 per sq.ft, with ACMAMill Road's 2024 figure being above this median.