Guideline Value for AMMA NAGAR

Amma Nagar guideline value

The current guideline value of Amma Nagar, located in Chettipalayam village under the Kinathukkadavu SRO, is Rs 280 per sq.ft, effective from 1 July 2024. This area falls under the Residential Class I Type - I land classification.

How the guideline value of Amma Nagar has changed

The guideline value register for Amma Nagar shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision in 2024 set the guideline value at Rs 280 per sq.ft.

There have been no changes between the revisions above. The current figure reflects a consistent valuation in the context of the overall guideline values in the area.

Guideline values in Chettipalayam

In Chettipalayam, there are 158 streets under the Kinathukkadavu SRO that carry a 2024 guideline value, ranging from Rs 225 to Rs 680 per sq.ft. The median value is Rs 280 per sq.ft, which matches the guideline value of Amma Nagar.

• Ananthapandaram Street: Rs 280 per sq.ft (2024)
• Anbu Nagar: Rs 280 per sq.ft (2024)
• Angalamman Koil Street: Rs 280 per sq.ft (2024)
• Aishwarya Nagar: Rs 280 per sq.ft (2024)
• Adhithya Residency: Rs 280 per sq.ft (2024)
• Annai Indira Nagar: Rs 280 per sq.ft (2024)

Stamp duty and registration fee for property in Amma Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 280 per sq.ft, the total guideline value amounts to Rs 2,80,000. The stamp duty at 7% would be Rs 19,600, and the registration fee at 2% would be Rs 5,600, totaling Rs 25,200. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Amma Nagar?

The Sub Registrar Office that covers Amma Nagar is the Kinathukkadavu Sub Registrar Office, located at 151 Coimbatore To Pollachi Main Road, Kinathukadavu- 642109, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor in the registration process when buying or selling property in Chettipalayam. It serves as a benchmark for determining the stamp duty and registration fees applicable to a property transaction.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. 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 Amma Nagar?

The current guideline value of Amma Nagar is Rs 280 per sq.ft, effective from 1 July 2024.

What is the land classification for Amma Nagar?

Amma Nagar is classified as Residential Class I Type - I under the guideline value register.

How many revisions have there been for Amma Nagar's guideline value?

The guideline value register for Amma Nagar shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only figure available is from the 2024 revision.

What are the stamp duty and registration fees for a property in Amma Nagar?

For a property valued at Rs 2,80,000, the stamp duty would be Rs 19,600, and the registration fee would be Rs 5,600, totaling Rs 25,200. These fees are based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Amma Nagar located?

The Sub Registrar Office for Amma Nagar is located at 151 Coimbatore To Pollachi Main Road, Kinathukadavu- 642109, Coimbatore registration zone.