Guideline Value for ADAPPU THOTTAM

Adappu Thottam guideline value

The current guideline value of Adappu Thottam is Rs 1,030 per sq.ft, effective from 1 July 2024. This village falls under the Gandhipuram SRO and is classified as Residential Class II Type - II.

How the guideline value of Adappu Thottam has changed

The guideline value for Adappu Thottam has undergone several revisions over the years. In 2012, the value was Rs 200 per sq.ft, which increased to Rs 134 per sq.ft in 2017. Following this, the value saw a significant rise to Rs 1,000 per sq.ft in 2023. The most recent revision in 2024 has set the guideline value at Rs 1,030 per sq.ft. The register has no figures for the years 2002, 2003, and 2007.

Between the revisions, the changes were notable. From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value surged by 646%. The overall change from 2012 to 2024 reflects an increase of 415%.

Guideline values in Vellakinar.

In Vellakinar, there are 107 streets under the Gandhipuram SRO that carry a 2024 guideline value ranging from Rs 1,030 to Rs 2,886 per sq.ft, with a median value of Rs 1,876 per sq.ft. The guideline value for Adappu Thottam is below this median.

• Adithya Venky's Windsor Park: Rs 1,876 per sq.ft (2024)
• Aadvika Phase II: Rs 1,170 per sq.ft (2024)
• Aadvika: Rs 1,065 per sq.ft (2024)
• Aithinai's Mathura: Rs 1,170 per sq.ft (2024)
• Amarjothi Saroj Nagar: Rs 1,270 per sq.ft (2024)
• Ammasai Gounder Veethi: Rs 1,270 per sq.ft (2024)

Stamp duty and registration fee for property in Adappu Thottam

For a 1,000 sq.ft plot at the current guideline value of Rs 1,030 per sq.ft, the total guideline value would be Rs 10,30,000. The stamp duty at 7% would amount to Rs 72,100, and the registration fee at 2% would be Rs 20,600, totaling Rs 92,700. Duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Adappu Thottam?

The Sub Registrar Office that covers Adappu Thottam is the Gandhipuram Sub Registrar Office, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti - 641035, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor in property transactions in Vellakinar. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property. Buyers and sellers must consider this value to ensure compliance with local regulations.

When registering a property, the guideline value is used to calculate the applicable duties and fees. It is important for both parties to be aware of this value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Adappu Thottam?

The current guideline value of Adappu Thottam is Rs 1,030 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, with the value increasing from Rs 200 per sq.ft in 2012 to Rs 1,030 per sq.ft in 2024. Notably, there was a 646% increase from 2017 to 2023.

What is the land classification for Adappu Thottam?

Adappu Thottam is classified as Residential Class II Type - II. This classification impacts the guideline value and the applicable regulations for property transactions.

Where is the Sub Registrar Office for Adappu Thottam located?

The Sub Registrar Office for Adappu Thottam is the Gandhipuram Sub Registrar Office, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti - 641035, Coimbatore registration zone.

How is stamp duty calculated for properties in Adappu Thottam?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 10,30,000, the stamp duty at 7% would be Rs 72,100, along with a registration fee of Rs 20,600.