Guideline Value for AD Colony (Ward 15)

AD Colony (Ward 15) guideline value

The current guideline value of AD Colony (Ward 15) is Rs 200 per sq.ft, as per the 2023 revision. This area falls under the Periyanayakkan Palayam Sub Registrar Office and is classified as Residential Class II Type - I.

How the guideline value of AD Colony (Ward 15) has changed

The guideline value for AD Colony (Ward 15) has seen significant changes over the years. In the 2012 revision, the guideline value was Rs 70 per sq.ft. This value decreased to Rs 47 per sq.ft in the 2017 revision, reflecting a decline of 33%. However, from 2017 to 2023, the guideline value surged to Rs 200 per sq.ft, marking an increase of 326%. Overall, from 2012 to 2023, the guideline value has risen by 186%.

It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2024 for this street.

Guideline values in Idikarai

While specific village figures are not provided, AD Colony (Ward 15) is part of the Idikarai area under the Periyanayakkan Palayam SRO. There are no other streets in Idikarai listed with guideline values.

Stamp duty and registration fee for property in AD Colony (Ward 15)

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value amounts to 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. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers AD Colony (Ward 15)?

The Sub Registrar Office that covers AD Colony (Ward 15) is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, Coimbatore registration zone. You can find your SRO for more details.

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

When buying or selling property in Idikarai, the guideline value plays a crucial role in determining the stamp duty and registration fees. These fees are calculated based on the guideline value or the sale price, whichever is higher, ensuring that the government receives the appropriate revenue from property transactions.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly influences the costs associated with property registration. Understanding this value can help in budgeting for the total expenses involved in a property transaction.

Frequently asked questions

What is the current guideline value of AD Colony (Ward 15)?

The current guideline value of AD Colony (Ward 15) is Rs 200 per sq.ft, as per the 2023 revision.

How much has the guideline value changed from 2012 to 2023?

From 2012 to 2023, the guideline value has increased by 186%, rising from Rs 70 per sq.ft in 2012 to Rs 200 per sq.ft in 2023.

What are the stamp duty and registration fees for property in AD Colony (Ward 15)?

For a property valued at Rs 2,00,000, the stamp duty would be Rs 14,000 at 7%, and the registration fee would be Rs 4,000 at 2%, totaling Rs 18,000.

Which office handles the registration for AD Colony (Ward 15)?

The registration for AD Colony (Ward 15) is handled by the Periyanayakkan Palayam Sub Registrar Office, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

Are there other streets in Idikarai with guideline values?

No specific other streets in Idikarai have been listed with guideline values, as no figures are provided for them.