Guideline Value for AJJANUR HARIJANA COLONY

Ajjanur Harijana Colony guideline value

The current guideline value of Ajjanur Harijana Colony is Rs 1,019 per sq.ft, effective from 1 July 2024. This area is located in Veerakeralam village under the Thondamuthur SRO, and is classified as Residential Class IV Type - II.

How the guideline value of Ajjanur Harijana Colony has changed

The guideline value for Ajjanur Harijana Colony has seen significant changes over the years. Starting from the 2007 revision, the value was Rs 100 per sq.ft, which increased to Rs 200 per sq.ft in 2012. However, it then decreased to Rs 134 per sq.ft in the 2017 revision. The value surged dramatically to Rs 1,000 per sq.ft in 2023, and further increased to Rs 1,019 per sq.ft in the 2024 revision, marking a 2% rise from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 919%. Notably, there are no figures available for the revisions in 2002 and 2003 for this street.

Guideline values in Veerakeralam

In Veerakeralam village, there are 135 streets under the Thondamuthur SRO that carry a guideline value for 2024, ranging from Rs 1,004 to Rs 3,000 per sq.ft. The median value for these streets is Rs 1,014 per sq.ft, placing Ajjanur Harijana Colony's 2024 value above the median.

• Alamelu Mangai Avenue: Rs 1,006 per sq.ft (2024)
• Amaravathi Street: Rs 1,014 per sq.ft (2024)
• Amman Nager: Rs 1,004 per sq.ft (2024)
• Anandam Nagar: Rs 1,014 per sq.ft (2024)
• Annai Velangani Nager: Rs 1,006 per sq.ft (2024)
• ANNA NAGAR 1st STREET: Rs 1,004 per sq.ft (2024)

Stamp duty and registration fee for property in Ajjanur Harijana Colony

For a 1,000 sq.ft plot at the current guideline value of Rs 1,019 per sq.ft, the total guideline value amounts to Rs 10,19,000. The stamp duty at 7% would be Rs 71,330, and the registration fee at 2% would be Rs 20,380, bringing the total cost to Rs 91,710. It is important to note that the 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 Ajjanur Harijana Colony?

The Ajjanur Harijana Colony falls under the Thondamuthur Sub Registrar Office, located at 5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Perur Taluk, Coimbatore- 641 108, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Veerakeralam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency and fairness in property dealings.

When you buy or sell property, the guideline value is used to calculate the stamp duty and registration fees. This ensures that both the buyer and seller are aware of the official value assigned to the property, which is essential for legal documentation.

Frequently asked questions

What is the current guideline value of Ajjanur Harijana Colony?

The current guideline value of Ajjanur Harijana Colony is Rs 1,019 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 100 per sq.ft in 2007 to Rs 1,019 per sq.ft in 2024, showing an overall increase of 919% over this period.

What are the stamp duty and registration fees for property in Ajjanur Harijana Colony?

For a property valued at Rs 10,19,000, the stamp duty would be Rs 71,330 and the registration fee would be Rs 20,380, totaling Rs 91,710.

Which Sub Registrar Office covers Ajjanur Harijana Colony?

The Thondamuthur Sub Registrar Office covers Ajjanur Harijana Colony, located at 5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Coimbatore.

What is the land classification of Ajjanur Harijana Colony?

Ajjanur Harijana Colony is classified as Residential Class IV Type - II, which indicates its suitability for residential development.