Guideline Value for AD Colony (Ward 8)

AD Colony (Ward 8) guideline value

The current guideline value for AD Colony (Ward 8) is Rs 200 per sq.ft, as per the 2023 revision. This area is located in Idikarai village and falls under the Periyanayakkan Palayam SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of AD Colony (Ward 8) has changed

The guideline value for AD Colony (Ward 8) has seen significant changes over the years. In the 2012 revision, the guideline value was Rs 70 per sq.ft, which decreased to Rs 47 per sq.ft in the 2017 revision, marking a decline of 33%. However, from 2017 to 2023, there was a substantial increase of 326%, bringing the current guideline value to Rs 200 per sq.ft.

Overall, from the 2012 revision to the 2023 revision, the guideline value has increased by 186%. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Idikarai

Currently, there are no specific village figures available for Idikarai. AD Colony (Ward 8) is classified 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 8)

For a 1,000 sq.ft plot at the current rate, the guideline value would be Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, making the total charges Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers AD Colony (Ward 8)?

The Sub Registrar Office that covers AD Colony (Ward 8) 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 information.

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

The guideline value is an essential factor when registering property in Idikarai. It serves as a basis for calculating the stamp duty and registration fees that are applicable during the sale or purchase of property.

When you buy or sell property, the guideline value helps ensure that the transaction is recorded accurately with the appropriate fees paid. This process is crucial for maintaining transparency and legality in real estate transactions.

Frequently asked questions

What is the current guideline value for AD Colony (Ward 8)?

The current guideline value for AD Colony (Ward 8) is Rs 200 per sq.ft, as per the 2023 revision.

How much has the guideline value changed since 2012?

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

What was the guideline value in 2017?

The guideline value in 2017 was Rs 47 per sq.ft, which was a decrease from the previous revision in 2012.

Is there a guideline value for 2024?

No, the register does not have a figure for the guideline value of AD Colony (Ward 8) for the year 2024.

Where can I find the Periyanayakkan Palayam Sub Registrar Office?

The Periyanayakkan Palayam Sub Registrar Office is located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, Coimbatore registration zone.