Guideline Value for AMBULI NAGAR

Ambuli Nagar guideline value

The current guideline value of Ambuli Nagar is Rs 705 per sq.ft as per the 2024 revision, effective from 1 July 2024. This area falls under Ward - F village, governed by the Tiruppur Joint II SRO, and is classified as Residential Class II Type - I.

How the guideline value of Ambuli Nagar has changed

The guideline value for Ambuli Nagar has seen several revisions over the years. The earliest recorded figure is from 2012, where it was Rs 450 per sq.ft. This was followed by a decrease to Rs 301 per sq.ft in 2017. The value then increased significantly to Rs 700 per sq.ft in 2023, marking a rise of 133% from the 2017 figure. The most recent revision in 2024 has set the value at Rs 705 per sq.ft, which is a 1% increase from the previous year.

There are no recorded figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 57%.

Guideline values in Ward - F

In Ward - F, there are 163 streets under the Tiruppur Joint II SRO with a guideline value for 2024 ranging from Rs 701 to Rs 2,200 per sq.ft. The median value in this area is Rs 706 per sq.ft, positioning Ambuli Nagar's value slightly below this median.

• Anaikadu: Rs 1,100 per sq.ft (2024)
• A K Nagar: Rs 705 per sq.ft (2024)
• A.I.T.U.C Colony 4th Street: Rs 880 per sq.ft (2024)
• A.I.T.U.C Colony 3rd Street: Rs 880 per sq.ft (2024)
• A.I.T.U.C Colony 2nd Street: Rs 880 per sq.ft (2024)
• A.I.T.U.C Colony 1st Street: Rs 880 per sq.ft (2024)

Stamp duty and registration fee for property in Ambuli Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 705 per sq.ft, the total guideline value would be Rs 7,05,000. The stamp duty at 7% would amount to Rs 49,350, and the registration fee at 2% would be Rs 14,100, bringing the total cost for these fees to Rs 63,450. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Ambuli Nagar?

The Sub Registrar Office that covers Ambuli Nagar is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, in the Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward - F

The guideline value is a crucial factor in property transactions within Ward - F. It serves as a benchmark for determining the minimum value of the property for registration purposes. When a property is sold, the guideline value is used to calculate the stamp duty and registration fees that the buyer must pay.

Additionally, the guideline value ensures transparency in property transactions, helping to prevent undervaluation during the sale process. Buyers and sellers alike must be aware of these values to ensure compliance with registration requirements.

Frequently asked questions

What is the current guideline value of Ambuli Nagar?

The current guideline value of Ambuli Nagar is Rs 705 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 450 per sq.ft in 2012 to Rs 301 per sq.ft in 2017, then increased to Rs 700 per sq.ft in 2023, and finally to Rs 705 per sq.ft in 2024.

What is the land classification of Ambuli Nagar?

Ambuli Nagar is classified as Residential Class II Type - I, indicating its suitability for residential development.

What are the stamp duty and registration fees for property in Ambuli 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 amount to Rs 63,450.

Which Sub Registrar Office covers Ambuli Nagar?

The Tiruppur Joint II Sub Registrar Office covers Ambuli Nagar, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore zone.