Guideline Value for AMARJOTHI A.S.NAGAR

Amarjothi A.S.Nagar guideline value

The current guideline value of Amarjothi A.S.Nagar is Rs 1,155 per sq.ft, effective from 1 July 2024. This area is located in Nallur village, under the Nallur_Tiruppur SRO, and is classified as Residential Special Type - I.

How the guideline value of Amarjothi A.S.Nagar has changed

The guideline value for Amarjothi A.S.Nagar has undergone several revisions over the years. In 2012, the figure was Rs 1,050 per sq.ft, which decreased to Rs 703 per sq.ft in 2017. Following this, the value rose significantly to Rs 1,050 per sq.ft in 2023, and then increased again to Rs 1,155 per sq.ft in 2024. There are no figures available for this street in the years 2002, 2003, and 2007.

From 2012 to 2017, the value decreased by 33%. However, from 2017 to 2023, it saw a substantial increase of 49%. The most recent change from 2023 to 2024 reflects a 10% increase, resulting in an overall increase of 10% from 2012 to 2024.

Guideline values in Nallur

In Nallur, there are 280 streets under the Nallur_Tiruppur SRO that carry a 2024 guideline value ranging from Rs 700 to Rs 1,764 per sq.ft, with a median value of Rs 714 per sq.ft. The guideline value for Amarjothi A.S.Nagar is above this median.

• Amarjothi Aruna Nagar: Rs 702 per sq.ft (2024)
• Amarjothi Brindhavan Gardens: Rs 712 per sq.ft (2024)
• Amarjothi Garden: Rs 1,155 per sq.ft (2024)
• Amarjothi Lakshmi Nagar: Rs 708 per sq.ft (2024)
• Amarjothi Mullai Nagar: Rs 712 per sq.ft (2024)
• Amarjothi Narayansamy Nagar: Rs 1,155 per sq.ft (2024)

Stamp duty and registration fee for property in Amarjothi A.S.Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,155 per sq.ft, the total guideline value would be Rs 11,55,000. The stamp duty at 7% would amount to Rs 80,850, and the registration fee at 2% would be Rs 23,100, bringing the total to Rs 1,03,950. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Amarjothi A.S.Nagar?

The Sub Registrar Office that covers Amarjothi A.S.Nagar is the Nallur_Tiruppur Sub Registrar Office, located near Hotel Riverview, Nagapattinam 611002, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Nallur. It is used to determine the stamp duty and registration fees that need to be paid during the transfer of property ownership.

When a property is bought or sold, the guideline value serves as a baseline for calculating the taxes and fees involved. Buyers and sellers must be aware of these values to ensure compliance with local regulations during the registration process.

Frequently asked questions

What is the current guideline value of Amarjothi A.S.Nagar?

The current guideline value of Amarjothi A.S.Nagar is Rs 1,155 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,050 per sq.ft in 2012 to Rs 703 per sq.ft in 2017, then to Rs 1,050 per sq.ft in 2023, and finally to Rs 1,155 per sq.ft in 2024.

What are the other guideline values in Nallur?

Other streets in Nallur have varying guideline values, with rates ranging from Rs 700 to Rs 1,764 per sq.ft. The median value is Rs 714 per sq.ft, while Amarjothi A.S.Nagar's value is above this median.

What is the stamp duty rate in Tamil Nadu?

The stamp duty rate in Tamil Nadu is generally 7% of the guideline value or sale price, whichever is higher. Additionally, there is a registration fee of 2% applicable.

Where can I find my Sub Registrar Office?

You can find your Sub Registrar Office by visiting the relevant link that provides information on SRO locations and details.