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Guideline Value

Corporate

Guideline Value for AMARJOTHI SAROJ NAGAR

₹1270/sq.ft.

The guideline value for Amarjothi Saroj Nagar in Vellakinar. village (Gandhipuram SRO, Coimbatore zone) is Rs 1270 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 27% change. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Vellakinar.

Village

Gandhipuram

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹1270 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹201 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹300 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Sro Gandhipuram,kalapatti Road,near Saravanampatti Poilce Station,saravanampatti-641035
0422-2666669
[email protected]

DRO (District Registrar Office)

District Registara Office, Syriyan Church Road, Corporation Marriage Hall, Coimbatore -641001
0422-2300722
[email protected],[email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Amarjothi Saroj Nagar

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Amarjothi Saroj Nagar guideline value

The current guideline value of Amarjothi Saroj Nagar is Rs 1,270 per sq.ft, effective from 1 July 2024. This area is located in Vellakinar, under the Gandhipuram SRO, and is classified as Residential Class II Type - III.

How the guideline value of Amarjothi Saroj Nagar has changed

The guideline value for Amarjothi Saroj Nagar has seen several revisions over the years. The earliest recorded figure is from 2012, where the guideline value was Rs 300 per sq.ft. This increased to Rs 201 per sq.ft in 2017, marking a decrease of 33%. Subsequently, the value surged to Rs 1,000 per sq.ft in 2023, reflecting a significant increase of 398%. The most recent revision in 2024 set the guideline value at Rs 1,270 per sq.ft, which is a 27% increase from the previous year.

There are no figures available for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 323%.

Guideline values in Vellakinar.

In Vellakinar, there are 107 streets under the Gandhipuram SRO that carry a 2024 guideline value ranging from Rs 1,030 to Rs 2,886 per sq.ft, with a median value of Rs 1,876 per sq.ft. The guideline value of Amarjothi Saroj Nagar is below this median.

Stamp duty and registration fee for property in Amarjothi Saroj Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,270 per sq.ft, the total guideline value would be Rs 12,70,000. The stamp duty at 7% would amount to Rs 88,900, and the registration fee at 2% would be Rs 25,400, bringing the total to Rs 1,14,300. It is important to note that the 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 precise calculations.

Which Sub Registrar Office covers Amarjothi Saroj Nagar?

The Sub Registrar Office that covers Amarjothi Saroj Nagar is the Gandhipuram Sub Registrar Office, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Vellakinar. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately in the official records.

When a property is sold, the buyer must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Amarjothi Saroj Nagar?

The current guideline value of Amarjothi Saroj Nagar is Rs 1,270 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 300 per sq.ft in 2012 to Rs 1,270 per sq.ft in 2024, with notable increases occurring in 2023 and 2024.

What are the other streets in Vellakinar with their guideline values?

Other streets in Vellakinar include Ammasai Gounder Veethi at Rs 1,270 per sq.ft, Aithinai's Mathura at Rs 1,170 per sq.ft, and Adithya Venky's Windsor Park at Rs 1,876 per sq.ft, among others.

What are the stamp duty and registration fees for Amarjothi Saroj Nagar?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would be Rs 1,14,300.

Which office handles property registrations for Amarjothi Saroj Nagar?

The Gandhipuram Sub Registrar Office handles property registrations for Amarjothi Saroj Nagar, located at Kalapatti Road, near Saravanampatti Police Station.