Guideline Value for AMARJOTHI GARDAN

Amarjothi Gardan guideline value

The current guideline value of Amarjothi Gardan is Rs 334 per sq.ft, effective from 1 July 2024. This property is located in Kangeyam village, under the jurisdiction of the Kangeyam SRO, and is classified as Residential Class IV Type - I.

How the guideline value of Amarjothi Gardan has changed

Looking at the historical revisions, the guideline value for Amarjothi Gardan has seen significant changes over the years. In 2012, the guideline value was Rs 125 per sq.ft, which increased to Rs 84 per sq.ft in 2017, reflecting a decrease of 33%. However, from 2017 to 2023, the value surged to Rs 300 per sq.ft, marking an increase of 257%. The most recent revision in 2024 set the guideline value at Rs 334 per sq.ft, a rise of 11% from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 167%.

Guideline values in Kangeyam

In Kangeyam village, there are 202 streets under the Kangeyam SRO, with guideline values ranging from Rs 331 to Rs 1,120 per sq.ft as of 2024. The median guideline value for these streets is Rs 448 per sq.ft, placing Amarjothi Gardan's 2024 figure below this median.

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

Stamp duty and registration fee for property in Amarjothi Gardan

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 3,34,000. The stamp duty at 7% would be Rs 23,380, and the registration fee at 2% would be Rs 6,680, totaling Rs 30,060. Please note that the duty is charged on the higher of the guideline value or the sale price. You can also use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Amarjothi Gardan?

The Sub Registrar Office covering Amarjothi Gardan is the Kangeyam Sub Registrar Office, located at No.8, Taluk Office Campus, Kangeyam - 638701, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor during property registration in Kangeyam. It serves as a reference point for calculating stamp duty and registration fees, ensuring that the government receives appropriate revenue from property transactions.

When buying or selling property, the guideline value helps in determining the minimum price at which a property can be registered. This ensures transparency in transactions and helps in avoiding undervaluation of properties.

Frequently asked questions

What is the current guideline value of Amarjothi Gardan?

The current guideline value of Amarjothi Gardan is Rs 334 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2012, the guideline value has changed from Rs 125 per sq.ft to Rs 334 per sq.ft in 2024, reflecting an overall increase of 167%.

What are the stamp duty and registration fees for property in Amarjothi Gardan?

For a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 30,060, which includes a stamp duty of Rs 23,380 and a registration fee of Rs 6,680.

Which Sub Registrar Office covers Amarjothi Gardan?

The Kangeyam Sub Registrar Office, located at No.8, Taluk Office Campus, Kangeyam - 638701, Coimbatore registration zone, covers Amarjothi Gardan.

What is the land classification for Amarjothi Gardan?

Amarjothi Gardan is classified as Residential Class IV Type - I, indicating its designation for residential use.