Guideline Value for AKSHARA ENCLAVE

Akshara Enclave guideline value

The current guideline value of Akshara Enclave is Rs 585 per sq.ft, effective from 1 July 2024. It is located in Kallipalayam village, under the Ganapathy SRO, and is classified as Residential Special Type - III.

How the guideline value of Akshara Enclave has changed

The guideline value of Akshara Enclave has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 585 per sq.ft, an increase of 12% from the previous year's figure of Rs 523 per sq.ft established in 2023. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

In summary, the guideline values for Akshara Enclave have evolved from Rs 523 per sq.ft in 2023 to Rs 585 per sq.ft in 2024. The changes reflect adjustments made by the Registration Department to align with market conditions.

Guideline values in Kallipalayam

Kallipalayam village has a total of 72 streets under the Ganapathy SRO, with guideline values ranging from Rs 220 to Rs 1,200 per sq.ft. The median guideline value in this area is Rs 280 per sq.ft, placing Akshara Enclave's 2024 value above this median.

• Agaram Nagar: Rs 280 per sq.ft (2024)
• Amman Nagar: Rs 220 per sq.ft (2024)
• Aadhavan Avenue Extension: Rs 585 per sq.ft (2024)
• Amman Nagar Phase-I: Rs 280 per sq.ft (2024)
• Annamalai Nagar: Rs 280 per sq.ft (2024)
• Annamalai Park: Rs 280 per sq.ft (2024)

Stamp duty and registration fee for property in Akshara Enclave

For a 1,000 sq.ft plot at the current guideline value of Rs 585 per sq.ft, the total guideline value would be Rs 5,85,000. The stamp duty at 7% would amount to Rs 40,950, and the registration fee at 2% would be Rs 11,700, totaling Rs 52,650. It is important 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 Akshara Enclave?

The Sub Registrar Office that covers Akshara Enclave is the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006. To find your SRO, you can visit this link.

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

The guideline value is a crucial factor in the registration process of property transactions in Kallipalayam. It is used to determine the stamp duty and registration fees that must be paid when a property is bought or sold.

When registering a property, the guideline value serves as a baseline for calculating these fees. Buyers should be aware that the duty is charged on the higher of the guideline value or the sale price, ensuring that the appropriate fees are collected based on the property's assessed value.

Frequently asked questions

What is the current guideline value of Akshara Enclave?

The current guideline value of Akshara Enclave is Rs 585 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 523 per sq.ft in 2023 to Rs 585 per sq.ft in 2024, reflecting a 12% increase. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification for Akshara Enclave?

Akshara Enclave is classified as Residential Special Type - III, indicating its designation for residential development within the area.

Where can I find the Ganapathy Sub Registrar Office?

The Ganapathy Sub Registrar Office is located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006. You can find your SRO using the provided link.

How is the stamp duty calculated for properties in Akshara Enclave?

The stamp duty for properties in Akshara Enclave is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value would incur a total stamp duty of Rs 40,950.