Guideline Value for ADITYA GARDEN PHASE-2

Aditya Garden Phase-2 guideline value

The current guideline value for Aditya Garden Phase-2 in Kangeyam village, under the Kangeyam SRO, is Rs 616 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class I Type - III.

How the guideline value of Aditya Garden Phase-2 has changed

The guideline value for Aditya Garden Phase-2 has undergone several revisions over the years. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. The most recent figures are Rs 550 per sq.ft from the 2023 revision and Rs 616 per sq.ft from the 2024 revision, marking an increase of 12% from the previous year.

In summary, the guideline value has moved from Rs 550 per sq.ft in 2023 to Rs 616 per sq.ft in 2024. This increase reflects the adjustments made in the guideline value register as per the latest revision.

Guideline values in Kangeyam

In Kangeyam village, there are 202 streets under the Kangeyam SRO, with 2024 guideline values ranging from Rs 331 to Rs 1,120 per sq.ft. The median guideline value for these streets is Rs 448 per sq.ft, placing the guideline value of Aditya Garden Phase-2 above this median.

• Agasthilingampalayam: Rs 448 per sq.ft (2024)
• Agasthilingampalayam ( North): Rs 616 per sq.ft (2024)
• Agasthilingampalayam Road: Rs 448 per sq.ft (2024)
• Agilandapuram: Rs 336 per sq.ft (2024)
• AGILANDAPURAM Road: Rs 832 per sq.ft (2024)
• Agragaravethi Street: Rs 1,120 per sq.ft (2024)

Stamp duty and registration fee for property in Aditya Garden Phase-2

For a 1,000 sq.ft plot at the current guideline value of Rs 616 per sq.ft, the total guideline value amounts to Rs 6,16,000. The stamp duty at 7% would be Rs 43,120, and the registration fee at 2% would be Rs 12,320, bringing the total charges to Rs 55,440. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Aditya Garden Phase-2?

The Aditya Garden Phase-2 is covered by the Kangeyam Sub Registrar Office, located at No.8, Taluk Office Campus, Kangeyam - 638701, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Kangeyam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is documented at a fair value.

When registering a property, the guideline value is used to calculate the applicable stamp duty and registration fees. Buyers and sellers must be aware of these values to ensure compliance with local regulations and to avoid any potential disputes during the registration process.

Frequently asked questions

What is the current guideline value for Aditya Garden Phase-2?

The current guideline value for Aditya Garden Phase-2 is Rs 616 per sq.ft, effective from 1 July 2024.

How has the guideline value changed recently?

The guideline value increased from Rs 550 per sq.ft in 2023 to Rs 616 per sq.ft in 2024, reflecting a 12% rise.

What is the land classification for Aditya Garden Phase-2?

Aditya Garden Phase-2 is classified as Residential Class I Type - III, indicating its suitability for residential development.

What are the stamp duty and registration fees for property in Aditya Garden Phase-2?

For a 1,000 sq.ft plot, the total guideline value is Rs 6,16,000, with stamp duty at Rs 43,120 and registration fees at Rs 12,320, totaling Rs 55,440.

Which office handles registrations for Aditya Garden Phase-2?

The Kangeyam Sub Registrar Office handles registrations for Aditya Garden Phase-2, located at No.8, Taluk Office Campus, Kangeyam - 638701, Coimbatore registration zone.