Guideline Value for AMITRA'S ADARSH

Amitra's Adarsh guideline value

The current guideline value of Amitra's Adarsh is Rs 1,004 per sq.ft, effective from 1 July 2024. This property is located in Vadavalli village, under the Vadavalli SRO, and is classified as Residential Class IV Type - II.

How the guideline value of Amitra's Adarsh has changed

The guideline value for Amitra's Adarsh has seen several revisions over the years. The 2017 revision set the value at Rs 670 per sq.ft, which increased to Rs 1,000 per sq.ft in the 2023 revision. The latest revision in 2024 raised the value slightly to Rs 1,004 per sq.ft. Notably, there are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

From 2017 to 2023, the guideline value increased by 49%, and from 2017 to 2024, it has risen by 50%. The change from 2023 to 2024 is negligible, with a 0% increase.

Guideline values in Vadavalli

In Vadavalli, there are 461 streets under the Vadavalli SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 2,200 per sq.ft, with a median value of Rs 1,100 per sq.ft. Amitra's Adarsh's 2024 figure is below this median.

• Ambika Nagar: Rs 1,000 per sq.ft (2024)
• Amman Kovil Street: Rs 1,100 per sq.ft (2024)
• Amman Nagar: Rs 1,100 per sq.ft (2024)
• Ambal Nagar: Rs 1,000 per sq.ft (2024)
• Aliv Garden: Rs 1,000 per sq.ft (2024)
• Anandha Krishna Layout: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Amitra's Adarsh

For a 1,000 sq.ft plot at the current guideline value of Rs 1,004 per sq.ft, the total guideline value would be Rs 10,04,000. The stamp duty at 7% would amount to Rs 70,280, and the registration fee at 2% would be Rs 20,080, bringing the total to Rs 90,360. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Amitra's Adarsh?

The Sub Registrar Office that covers Amitra's Adarsh is the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Vadavalli. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two values is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue based on the property's value.

Frequently asked questions

What is the current guideline value of Amitra's Adarsh?

The current guideline value of Amitra's Adarsh is Rs 1,004 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 670 per sq.ft in 2017 to Rs 1,000 per sq.ft in 2023, and then to Rs 1,004 per sq.ft in 2024, showing a 50% overall increase from 2017 to 2024.

What is the land classification for Amitra's Adarsh?

Amitra's Adarsh is classified as Residential Class IV Type - II.

What are the stamp duty and registration fees for a property in Amitra's Adarsh?

For a 1,000 sq.ft plot, the total guideline value is Rs 10,04,000, with a stamp duty of Rs 70,280 and a registration fee of Rs 20,080, totaling Rs 90,360.

Where is the Sub Registrar Office for Amitra's Adarsh located?

The Sub Registrar Office for Amitra's Adarsh is the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.