Guideline Value for AMARJOTHI PATTATHARASIAMMAN GARDEN EXTENSION

Amarjothi Pattatharasiamman Garden Extension guideline value

The current guideline value of Amarjothi Pattatharasiamman Garden Extension is Rs 1,155 per sq.ft. 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 Pattatharasiamman Garden Extension has changed

In the 2017 revision, the guideline value was Rs 703 per sq.ft. This figure increased significantly to Rs 1,050 per sq.ft in the 2023 revision, marking a 49% increase. The current 2024 revision has set the guideline value at Rs 1,155 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from 2017 to 2024, the guideline value has risen by 64%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

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. Amarjothi Pattatharasiamman Garden Extension's 2024 guideline value is above this median.

• Amarjothi Pattatharasiamman Garden: Rs 1,155 per sq.ft (2024)
• Amarjothi Pon Nagar: Rs 721 per sq.ft (2024)
• Amarjothi Narayansamy Nagar: Rs 1,155 per sq.ft (2024)
• Amarjothi Rathinagiriswarar Nagar: Rs 708 per sq.ft (2024)
• Amarjothi S.S.M. Nagar: Rs 1,155 per sq.ft (2024)
• Amarjothi Mullai Nagar: Rs 712 per sq.ft (2024)

Stamp duty and registration fee for property in Amarjothi Pattatharasiamman Garden Extension

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, while the registration fee at 2% would be Rs 23,100, making the total cost Rs 1,03,950. 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 Amarjothi Pattatharasiamman Garden Extension?

The Sub Registrar Office that covers Amarjothi Pattatharasiamman Garden Extension is the Nallur_Tiruppur Sub Registrar Office, located near Hotel Riverview, Nagapattinam 611002, Coimbatore registration zone. You can find your SRO here.

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

The guideline value is a crucial factor in property transactions in Nallur, as it determines the stamp duty and registration fees payable during the sale. Buyers and sellers must consider this value to ensure compliance with local regulations and to calculate the costs involved in the transaction.

When registering a property, the guideline value is used to assess the applicable charges, which are based on either the guideline value or the sale price, whichever is higher. This ensures that the government receives due revenue from property transactions.

Frequently asked questions

What is the current guideline value of Amarjothi Pattatharasiamman Garden Extension?

The current guideline value of Amarjothi Pattatharasiamman Garden Extension 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 703 per sq.ft in 2017 to Rs 1,155 per sq.ft in 2024, reflecting an overall increase of 64% over this period.

What are the stamp duty and registration fees for properties in this area?

The stamp duty is charged at 7% of the guideline value, while the registration fee is 2%. For example, for a 1,000 sq.ft plot, the total cost would be Rs 1,03,950.

Which office handles property registrations for Amarjothi Pattatharasiamman Garden Extension?

The Nallur_Tiruppur Sub Registrar Office handles property registrations for Amarjothi Pattatharasiamman Garden Extension, located near Hotel Riverview, Nagapattinam 611002, Coimbatore registration zone.

What is the land classification for Amarjothi Pattatharasiamman Garden Extension?

The land classification for Amarjothi Pattatharasiamman Garden Extension is Residential Special Type - I, indicating its designated use for residential purposes.