Guideline Value for ADHI THIRAVIDAR STREET

Adhi Thiravidar Street guideline value

The current guideline value of Adhi Thiravidar Street is Rs 301 per sq.ft, effective from 1 July 2024. This street is located in Naranapuram village under the Palladam SRO and is classified as Residential Class V Type - I.

How the guideline value of Adhi Thiravidar Street has changed

In the 2012 revision, the guideline value was set at Rs 115 per sq.ft. This figure increased to Rs 77 per sq.ft in the 2017 revision, reflecting a decrease of 33%. However, from 2017 to 2023, the value saw a significant rise to Rs 300 per sq.ft, marking an increase of 290%. The current revision in 2024 has set the value at Rs 301 per sq.ft, which shows no change from the previous year.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 162%.

Guideline values in Naranapuram

Naranapuram has a total of 64 streets under the Palladam SRO, with 2024 guideline values ranging from Rs 301 to Rs 1,060 per sq.ft. The median guideline value for these streets is Rs 445 per sq.ft, placing Adhi Thiravidar Street's 2024 value below that median.

• Abirami Nagar-3: Rs 720 per sq.ft (2024)
• Abirami Nagar-2: Rs 720 per sq.ft (2024)
• Abirami Nagar-1: Rs 720 per sq.ft (2024)
• Amaran Jaiprakash Street: Rs 1,050 per sq.ft (2024)
• Annamalai Nagar: Rs 445 per sq.ft (2024)
• Arijanacolony: Rs 445 per sq.ft (2024)

Stamp duty and registration fee for property in Adhi Thiravidar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 301 per sq.ft, the total guideline value amounts to Rs 3,01,000. The stamp duty at 7% would be Rs 21,070, and the registration fee at 2% would be Rs 6,020, totaling Rs 27,090. It is essential to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Adhi Thiravidar Street?

The Sub Registrar Office that covers Adhi Thiravidar Street is the Palladam Sub Registrar Office, located at No.16, Mangalam Road, Palladam - 641664, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Naranapuram. It serves as a benchmark for determining the minimum value at which property transactions can be registered.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees, ensuring that these costs are aligned with the official valuation of the property as per the government records.

Frequently asked questions

What is the current guideline value of Adhi Thiravidar Street?

The current guideline value of Adhi Thiravidar Street is Rs 301 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 115 per sq.ft in 2012 to Rs 301 per sq.ft in 2024, showing an overall increase of 162% over this period.

What is the median guideline value of streets in Naranapuram?

The median guideline value of streets in Naranapuram is Rs 445 per sq.ft, with Adhi Thiravidar Street's value being below this median.

What are the stamp duty and registration fees for a property in Adhi Thiravidar Street?

For a property valued at Rs 3,01,000, the stamp duty would be Rs 21,070 and the registration fee would be Rs 6,020, totaling Rs 27,090.

Which office handles the registration for Adhi Thiravidar Street?

The Palladam Sub Registrar Office handles the registration for Adhi Thiravidar Street, located at No.16, Mangalam Road, Palladam - 641664.