Guideline Value for AMBATHKAR STEET WARD-10

Ambathkar Steet Ward-10 guideline value

The current guideline value for Ambathkar Steet Ward-10 is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Sanararamanallur_south village, under the Kaniyur SRO. The land classification for this area is Residential Class III Type - V.

How the guideline value of Ambathkar Steet Ward-10 has changed

The guideline value for Ambathkar Steet Ward-10 has undergone several revisions over the years. In 2007, the value was Rs 25 per sq.ft, which increased to Rs 100 per sq.ft in 2012. However, it saw a significant drop to Rs 67 per sq.ft in 2017. The value then rose to Rs 200 per sq.ft in both 2023 and 2024, indicating no change between these two revisions. The register has no figure for this street in 2002 and 2003.

From 2007 to 2024, the overall increase in the guideline value is 700%. The change from 2012 to 2017 was a decrease of 33%, while from 2017 to 2023, there was a substantial increase of 199%. The guideline value remained unchanged from 2023 to 2024, reflecting a stable market condition in recent times.

Guideline values in Sanararamanallur_south

In Sanararamanallur_south, there are 48 streets under the Kaniyur SRO that carry a 2024 guideline value, all at Rs 200 per sq.ft. The median guideline value for these streets is also Rs 200 per sq.ft, making Ambathkar Steet Ward-10's value equal to this median.

• Ambathkar Street Ward-6: Rs 200 per sq.ft (2024)
• Anna Street Ward-11: Rs 200 per sq.ft (2024)
• Anna Street Ward-8: Rs 200 per sq.ft (2024)
• Awaayar Street Ward-9: Rs 200 per sq.ft (2024)
• Batharakaliyamman Kovil Street Ward-7: Rs 200 per sq.ft (2024)
• Bharathithasan Street Ward-9: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Ambathkar Steet Ward-10

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value is Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, making the total charges Rs 18,000. 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 Ambathkar Steet Ward-10?

The Sub Registrar Office that covers Ambathkar Steet Ward-10 is the Kaniyur Sub Registrar Office, located at 61, Madathukulam Main Road, Kaniyur, Madathukulam Taluk, Tirupur District - 642 203. You can find your SRO for more information.

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

The guideline value is a critical factor when registering a property in Sanararamanallur_south. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency in property transactions.

When you buy or sell property, the guideline value is used to calculate the stamp duty and registration fees. This ensures that the government receives the appropriate revenue from property transactions, based on the established guideline values for different areas.

Frequently asked questions

What is the current guideline value for Ambathkar Steet Ward-10?

The current guideline value for Ambathkar Steet Ward-10 is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 25 per sq.ft in 2007 to Rs 200 per sq.ft in 2024, marking a total increase of 700% over the years.

What are the other streets in Sanararamanallur_south with the same guideline value?

Other streets in Sanararamanallur_south also have a guideline value of Rs 200 per sq.ft in 2024, including Ambathkar Street Ward-6, Anna Street Ward-11, and others.

Where is the Kaniyur Sub Registrar Office located?

The Kaniyur Sub Registrar Office is located at 61, Madathukulam Main Road, Kaniyur, Madathukulam Taluk, Tirupur District - 642 203.

How is stamp duty calculated for properties in Ambathkar Steet Ward-10?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 200 per sq.ft incurs a total stamp duty of Rs 14,000.