Guideline Value for AMMAN NAGAR KUTTAI

Amman Nagar Kuttai guideline value

The current guideline value of Amman Nagar Kuttai is Rs 1,060 per sq.ft, effective from 1 July 2024. This property is located in Saravanmpatty, under the Gandhipuram SRO, and falls under the Residential Class I Type - III land classification.

How the guideline value of Amman Nagar Kuttai has changed

In the 2012 revision, the guideline value was set at Rs 500 per sq.ft. This figure saw a significant increase in the 2017 revision, rising to Rs 335 per sq.ft, which was a decrease of 33%. The guideline value continued to rise dramatically, reaching Rs 1,000 per sq.ft in the 2023 revision, marking a 199% increase from the 2017 figure. The most recent revision in 2024 has further increased the guideline value to Rs 1,060 per sq.ft, representing a 6% increase from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has increased by 112%.

Guideline values in Saravanmpatty.

In Saravanmpatty, there are 180 streets under the Gandhipuram SRO that carry a 2024 guideline value ranging from Rs 1,010 to Rs 5,654 per sq.ft. The median guideline value is Rs 1,060 per sq.ft, which is equal to the current guideline value of Amman Nagar Kuttai.

• Amman Nagaram: Rs 1,055 per sq.ft (2024)
• Amman Nagar: Rs 1,055 per sq.ft (2024)
• Amburose Nagar: Rs 1,055 per sq.ft (2024)
• Ambigapathi Veethi: Rs 1,045 per sq.ft (2024)
• Anboli Nagar: Rs 1,055 per sq.ft (2024)
• Alagu Nagar: Rs 1,055 per sq.ft (2024)

Stamp duty and registration fee for property in Amman Nagar Kuttai

For a 1,000 sq.ft plot at the current rate of Rs 1,060 per sq.ft, the guideline value amounts to Rs 10,60,000. The stamp duty at 7% would be Rs 74,200, and the registration fee at 2% would be Rs 21,200, totaling Rs 95,400. 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 Amman Nagar Kuttai?

The Sub Registrar Office that covers Amman Nagar Kuttai is the Gandhipuram Sub Registrar Office, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is an important factor when registering property in Saravanmpatty. It serves as a benchmark for determining the minimum value at which a property can be sold or purchased, ensuring that the transaction is documented at a fair value.

When you buy or sell property, the guideline value influences the stamp duty and registration fees that are applicable. It is essential to be aware of the current guideline value to accurately calculate these costs during the transaction process.

Frequently asked questions

What is the current guideline value of Amman Nagar Kuttai?

The current guideline value of Amman Nagar Kuttai is Rs 1,060 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 500 per sq.ft in 2012 to Rs 1,060 per sq.ft in 2024, reflecting an overall increase of 112% during this period.

What is the stamp duty for property in Amman Nagar Kuttai?

The stamp duty for property in Amman Nagar Kuttai is 7% of the guideline value, which would be Rs 74,200 for a 1,000 sq.ft plot at the current rate.

Which Sub Registrar Office covers Saravanmpatty?

The Gandhipuram Sub Registrar Office covers Saravanmpatty, located on Kalapatti Road, near Saravanampatti Police Station.

What are the other streets in Saravanmpatty with their guideline values?

Other streets in Saravanmpatty include Amman Nagaram, Amman Nagar, Amburose Nagar, Ambigapathi Veethi, Anboli Nagar, and Alagu Nagar, with guideline values ranging from Rs 1,045 to Rs 1,055 per sq.ft.