Guideline Value for AMMAN KOVIL STREET

Amman Kovil Street guideline value

The current guideline value of Amman Kovil Street is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Suleswaranpatty village and falls under the Pollachi SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Amman Kovil Street has changed

The guideline value for Amman Kovil Street has undergone several revisions over the years. The earliest recorded revision was in 2007, with a guideline value of Rs 80 per sq.ft. This figure increased to Rs 100 per sq.ft in 2012, followed by a decrease to Rs 67 per sq.ft in 2017. The most recent revisions in 2023 and 2024 both show a guideline value of Rs 200 per sq.ft, indicating no change between these two years.

From 2017 to 2023, there was a significant increase of 199%. The 2012 to 2017 revision saw a decrease of 33%. Overall, from 2007 to 2024, the guideline value has increased by 150%.

Guideline values in Suleswaranpatty

In Suleswaranpatty, there are 79 streets under the Pollachi SRO that have a guideline value for 2024, ranging from Rs 200 to Rs 490 per sq.ft. The median guideline value is Rs 200 per sq.ft, which aligns with the 2024 figure for Amman Kovil Street.

• Ambedkar Street: Rs 200 per sq.ft (2024)
• Anbalagan Street: Rs 200 per sq.ft (2024)
• Alagapuri Street: Rs 200 per sq.ft (2024)
• Alagappan Street: Rs 301 per sq.ft (2024)
• Alagappa Nagar: Rs 200 per sq.ft (2024)
• Annai Indra Street: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Amman Kovil Street

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value amounts to 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, leading to a total of Rs 18,000. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Amman Kovil Street?

The Sub Registrar Office that covers Amman Kovil Street is the Pollachi Sub Registrar Office, located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the property registration process in Suleswaranpatty. It serves as a benchmark for determining the stamp duty and registration fees applicable during the sale or purchase of property.

When a property is bought or sold, the guideline value helps ensure that the transaction is recorded accurately and that the appropriate fees are collected. Buyers and sellers should be aware of the current guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Amman Kovil Street?

The current guideline value of Amman Kovil Street is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 80 per sq.ft in 2007 to Rs 200 per sq.ft in 2024, reflecting an overall increase of 150% over the years.

What are the stamp duty and registration fees for properties on Amman Kovil Street?

For a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 18,000, based on the current guideline value of Rs 200 per sq.ft.

Which office handles property registrations for Amman Kovil Street?

The Pollachi Sub Registrar Office is responsible for property registrations in Amman Kovil Street, located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001.

What is the land classification for Amman Kovil Street?

Amman Kovil Street is classified as Residential Class I Type - I, indicating its suitability for residential development.