Guideline Value for AMMAN AVENUE
₹235/sq.ft.
The guideline value for Amman Avenue in Veerapandi village (Periyanayakkan Palayam SRO, Coimbatore zone) is Rs 235 per sq.ft, effective 1 July 2024. It was Rs 211 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.
Last updated:
Coimbatore
Zone
Veerapandi
Village
Periyanayakkan Palayam
SRO
Residential Class II Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹235 /sq.ft. |
| From 1-4-2023 | ₹211 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹141 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹210 /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)
No.171,kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020
0422-2469010
[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 Amman Avenue
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Periyanayakkan Palayam sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Amman Avenue guideline value
The current guideline value of Amman Avenue in Veerapandi village is Rs 235 per sq.ft, effective from 1 July 2024. This street falls under the Periyanayakkan Palayam SRO and is classified as Residential Class II Type - I.
How the guideline value of Amman Avenue has changed
The guideline value for Amman Avenue has undergone several revisions over the years. The 2012 revision set the value at Rs 210 per sq.ft, which decreased to Rs 141 per sq.ft in the 2017 revision, marking a decline of 33%. In the following years, the value increased significantly, rising to Rs 211 per sq.ft in 2023, and then to Rs 235 per sq.ft in the 2024 revision, representing an increase of 11% from the previous year.
There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from the 2012 revision to the 2024 revision, the guideline value has seen a modest increase of 12%.
Guideline values in Veerapandi
In Veerapandi, there are 201 streets under the Periyanayakkan Palayam SRO that carry a 2024 guideline value ranging from Rs 220 to Rs 1,050 per sq.ft. The median value for these streets is Rs 330 per sq.ft, indicating that Amman Avenue's current guideline value is below this median.
- Amman Kovil Thota Sandhu: Rs 220 per sq.ft (2024)
- Amman Nagar: Rs 280 per sq.ft (2024)
- A.M.S.Garden: Rs 390 per sq.ft (2024)
- Aksaya Garden: Rs 280 per sq.ft (2024)
- Aniiv Avenue: Rs 330 per sq.ft (2024)
- Anjal Avenue: Rs 390 per sq.ft (2024)
Stamp duty and registration fee for property in Amman Avenue
For a 1,000 sq.ft plot at the current guideline value of Rs 235 per sq.ft, the total guideline value amounts to Rs 2,35,000. The stamp duty, charged at 7%, would be Rs 16,450, while the registration fee at 2% would be Rs 4,700, bringing the total fees to Rs 21,150. 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 Amman Avenue?
The Sub Registrar Office that covers Amman Avenue is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Veerapandi
The guideline value plays a crucial role in the registration process of property transactions in Veerapandi. It serves as the basis for calculating stamp duty and registration fees, ensuring that the state receives the appropriate revenue from property transactions.
When buying or selling a property, the guideline value is used to determine the minimum price at which the property can be registered. This value helps maintain transparency and consistency in property transactions within the region.
Frequently asked questions
What is the current guideline value of Amman Avenue?
The current guideline value of Amman Avenue is Rs 235 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 210 per sq.ft in 2012 to Rs 141 per sq.ft in 2017, then increased to Rs 211 per sq.ft in 2023, and finally to Rs 235 per sq.ft in 2024.
What are the other streets in Veerapandi and their guideline values?
Other streets in Veerapandi include Amman Kovil Thota Sandhu at Rs 220 per sq.ft, Amman Nagar at Rs 280 per sq.ft, A.M.S.Garden at Rs 390 per sq.ft, Aksaya Garden at Rs 280 per sq.ft, Aniiv Avenue at Rs 330 per sq.ft, and Anjal Avenue at Rs 390 per sq.ft.
How is stamp duty calculated for properties in Amman Avenue?
Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 235 per sq.ft, the stamp duty would be Rs 16,450.
Where can I find the Sub Registrar Office for Amman Avenue?
The Sub Registrar Office for Amman Avenue is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.
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