Guideline Value for ADHAM SHAHIP ROAD - KOTHER VAYAL ROAD( 1007,1008,1031,1032, 1033)

Adham Shahip Road - Kother Vayal Road( 1007,1008,1031,1032, 1033) guideline value

The current guideline value for Adham Shahip Road - Kother Vayal Road( 1007,1008,1031,1032, 1033) is Rs 300 per sq.ft, effective from 1 July 2024. This road is located in Gudalur-2 village and falls under the Goodaloor SRO. The land classification for this area is Residential Class II Type - III.

How the guideline value of Adham Shahip Road - Kother Vayal Road( 1007,1008,1031,1032, 1033) has changed

The guideline value for Adham Shahip Road - Kother Vayal Road has undergone several revisions over the years. In the 2017 revision, the guideline value was set at Rs 100 per sq.ft. This figure increased by 200% to Rs 300 per sq.ft in the 2023 revision, which remained unchanged in the 2024 revision. Notably, there are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

From 2017 to 2023, the guideline value saw a significant increase of 200%. Overall, from the 2017 revision to the 2024 revision, the guideline value has also increased by 200%, reflecting the same rate of Rs 300 per sq.ft in both the 2023 and 2024 revisions.

Guideline values in Gudalur-2

In Gudalur-2 village, there are 52 streets under the Goodaloor SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 1,101 per sq.ft, with a median value of Rs 300 per sq.ft. Adham Shahip Road - Kother Vayal Road's 2024 figure aligns with this median.

• Asha Bhavan Road, Gudalur(1263,1264,1268): Rs 300 per sq.ft (2024)
• Chevidipet - Kulampuzha(359,362,489,482,483,484,485,491): Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Adham Shahip Road - Kother Vayal Road( 1007,1008,1031,1032, 1033)

For a 1,000 sq.ft plot at the current rate of Rs 300 per sq.ft, the guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, bringing the total to Rs 27,000. 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 Adham Shahip Road - Kother Vayal Road( 1007,1008,1031,1032, 1033)?

The Sub Registrar Office that covers Adham Shahip Road - Kother Vayal Road is the Goodaloor Sub Registrar Office, located at 10/512a.old Court Road, Gudalur, Nilgiris-643212, Coimbatore registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Gudalur-2

The guideline value plays a crucial role during the registration of properties in Gudalur-2. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the guideline value is compared with the sale price, and the higher amount is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Adham Shahip Road - Kother Vayal Road?

The current guideline value for Adham Shahip Road - Kother Vayal Road( 1007,1008,1031,1032, 1033) is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 100 per sq.ft in 2017 to Rs 300 per sq.ft in both the 2023 and 2024 revisions, reflecting a 200% increase overall from 2017 to 2024.

What is the land classification for this area?

The land classification for Adham Shahip Road - Kother Vayal Road is Residential Class II Type - III.

Where can I find more information on stamp duty and registration fees?

For detailed information on stamp duty and registration fees, you can use the stamp duty and registration fee calculator.

Which office handles registrations for this street?

The Goodaloor Sub Registrar Office handles registrations for Adham Shahip Road - Kother Vayal Road, located at 10/512a.old Court Road, Gudalur, Nilgiris-643212, Coimbatore registration zone.