Guideline Value for AMMAN KOVIL VEETHI

Amman Kovil Veethi guideline value

The current guideline value of Amman Kovil Veethi is Rs 1,095 per sq.ft, effective from 1 July 2024. This street is located in Chinnavedampatty., under the Gandhipuram SRO, and is classified as Residential Class I Type - III.

How the guideline value of Amman Kovil Veethi has changed

The guideline value for Amman Kovil Veethi has undergone several revisions over the years. The 2012 revision set the value at Rs 400 per sq.ft, which increased to Rs 268 per sq.ft in the 2017 revision. This marked a decrease of 33%. Following this, the value saw a significant rise to Rs 1,000 per sq.ft in the 2023 revision, representing an increase of 273%. The current 2024 revision further raised the guideline value to Rs 1,095 per sq.ft, reflecting a 10% increase 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 increased by 174%.

Guideline values in Chinnavedampatty.

In Chinnavedampatty., there are 144 streets under the Gandhipuram SRO that carry a 2024 guideline value ranging from Rs 1,010 to Rs 2,000 per sq.ft. The median guideline value is Rs 1,095 per sq.ft, which is equal to the current value for Amman Kovil Veethi.

• Amman Nagar: Rs 1,100 per sq.ft (2024)
• Akkammal Garden: Rs 1,105 per sq.ft (2024)
• Akkammal Avenue: Rs 1,105 per sq.ft (2024)
• Anjukam Nagar: Rs 1,095 per sq.ft (2024)
• Annai Garden: Rs 1,025 per sq.ft (2024)
• Adi Dravidar Veethi (Udayampalayam Natham): Rs 1,090 per sq.ft (2024)

Stamp duty and registration fee for property in Amman Kovil Veethi

For a 1,000 sq.ft plot at the current guideline value of Rs 1,095 per sq.ft, the total guideline value amounts to Rs 10,95,000. The stamp duty at 7% would be Rs 76,650, and the registration fee at 2% would be Rs 21,900, bringing the total to Rs 98,550. It is important to note that the 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 more detailed calculations.

Which Sub Registrar Office covers Amman Kovil Veethi?

The Sub Registrar Office that covers Amman Kovil Veethi is the Gandhipuram Sub Registrar Office, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

To find your SRO, you can visit find your SRO.

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

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

When a property is registered, the guideline value is used to calculate the necessary fees, ensuring that both buyers and sellers are aware of the financial obligations involved in the transaction.

Frequently asked questions

What is the current guideline value for Amman Kovil Veethi?

The current guideline value for Amman Kovil Veethi is Rs 1,095 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2012 to Rs 1,095 per sq.ft in 2024, reflecting an overall increase of 174% over the years.

What is the registration office for Amman Kovil Veethi?

The registration office for Amman Kovil Veethi is the Gandhipuram Sub Registrar Office, located on Kalapatti Road, near Saravanampatti Police Station.

How is stamp duty calculated for properties in Amman Kovil Veethi?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the stamp duty would be Rs 76,650.

Are there other streets with similar guideline values in Chinnavedampatty?

Yes, there are several other streets in Chinnavedampatty with guideline values close to that of Amman Kovil Veethi, including Amman Nagar at Rs 1,100 per sq.ft and Anjukam Nagar at Rs 1,095 per sq.ft.