Guideline Value for AMARAVATHI ENCLAVE

Amaravathi Enclave guideline value

The current guideline value of Amaravathi Enclave is Rs 480 per sq.ft, effective from 1 July 2024. This property is located in Bilichi village under the Periyanayakkan Palayam SRO, classified as Mixed Type - I land.

How the guideline value of Amaravathi Enclave has changed

The guideline value register for Amaravathi Enclave shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision is from 2024, which sets the guideline value at Rs 480 per sq.ft.

As there are no figures available for the previous revisions, it can be stated that the guideline value for Amaravathi Enclave has been established at Rs 480 per sq.ft in the latest 2024 revision without any changes noted in the preceding years.

Guideline values in Bilichi

In Bilichi, there are 44 streets under the Periyanayakkan Palayam SRO, with guideline values ranging from Rs 100 to Rs 825 per sq.ft. The median guideline value in this area is Rs 310 per sq.ft, placing Amaravathi Enclave above the median at Rs 480 per sq.ft.

• Athens Gardens: Rs 200 per sq.ft (2024)
• Brickland Platinum: Rs 500 per sq.ft (2024)
• Classique Residency: Rs 600 per sq.ft (2024)
• Emerald Square: Rs 240 per sq.ft (2024)
• Innisai Nagar: Rs 140 per sq.ft (2024)
• J J Nagar: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Amaravathi Enclave

For a 1,000 sq.ft plot at the current guideline value of Rs 480 per sq.ft, the total guideline value would be Rs 4,80,000. The stamp duty at 7% would amount to Rs 33,600, and the registration fee at 2% would be Rs 9,600, totaling Rs 43,200. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Amaravathi Enclave?

The Sub Registrar Office that covers Amaravathi Enclave is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Bilichi. 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 or the sale price is considered, and the higher amount is used to calculate the applicable duties. This ensures that the transaction is recorded accurately and in compliance with local regulations.

Frequently asked questions

What is the current guideline value of Amaravathi Enclave?

The current guideline value of Amaravathi Enclave is Rs 480 per sq.ft, effective from 1 July 2024.

What land classification is Amaravathi Enclave under?

Amaravathi Enclave is classified as Mixed Type - I land according to the guideline value register.

How has the guideline value changed over the years?

There are no figures available for the years 2002, 2003, 2007, 2012, 2017, and 2023 for Amaravathi Enclave. The most recent revision in 2024 sets the guideline value at Rs 480 per sq.ft.

Where is the Sub Registrar Office located for Amaravathi Enclave?

The Sub Registrar Office for Amaravathi Enclave is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

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

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 4,80,000, the stamp duty would be Rs 33,600 at a rate of 7%.