Guideline Value for AMMAPALAYAM ARIJANA STREET (RS.NO.1040/2)

Ammapalayam Arijana Street (Rs.No.1040/2) guideline value

The current guideline value for Ammapalayam Arijana Street (Rs.No.1040/2) is Rs 260 per sq.ft. This street is located in Kundadam village and falls under the Dharapuram SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Ammapalayam Arijana Street (Rs.No.1040/2) has changed

The guideline value for Ammapalayam Arijana Street has seen several revisions over the years. In 2012, the guideline value was set at Rs 260 per sq.ft. This figure remained unchanged until the next revision in 2017, where it dropped to Rs 174 per sq.ft, marking a decrease of 33%. However, by 2023, the value had increased significantly to Rs 260 per sq.ft, reflecting a 49% rise from the 2017 revision.

The most recent revision took place in 2024, with the guideline value remaining at Rs 260 per sq.ft, indicating no change from the previous year. Notably, the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Kundadam

In Kundadam, a total of 42 streets are listed under the Dharapuram SRO with a 2024 guideline value ranging from Rs 200 to Rs 500 per sq.ft. The median guideline value is Rs 260 per sq.ft, which aligns with the current value of Ammapalayam Arijana Street.

• Eswaran Kovil Street (North): Rs 260 per sq.ft (2024)
• Eswaran Kovil Street (South): Rs 260 per sq.ft (2024)
• Jothiyampatti Road: Rs 200 per sq.ft (2024)
• Kalipalayam Road: Rs 260 per sq.ft (2024)
• Kamarajapuram: Rs 260 per sq.ft (2024)
• Karichikattupudur Adi Dravidar Street: Rs 260 per sq.ft (2024)

Stamp duty and registration fee for property in Ammapalayam Arijana Street (Rs.No.1040/2)

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 2,60,000. The stamp duty at 7% would be Rs 18,200, and the registration fee at 2% would be Rs 5,200, bringing the total to Rs 23,400. 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 more details.

Which Sub Registrar Office covers Ammapalayam Arijana Street (Rs.No.1040/2)?

The Sub Registrar Office that covers Ammapalayam Arijana Street is the Dharapuram Sub Registrar Office, located at Taluk Office Compound, Dharapuram 638 656, Coimbatore registration zone. You can find your SRO for additional information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Kundadam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is documented accurately.

When you register a property, the guideline value is used to calculate the stamp duty and registration fees. This means that buyers should be aware of the guideline value to understand their financial obligations during the transaction process.

Frequently asked questions

What is the current guideline value of Ammapalayam Arijana Street?

The current guideline value of Ammapalayam Arijana Street (Rs.No.1040/2) is Rs 260 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 260 per sq.ft in 2012 to Rs 174 per sq.ft in 2017, then back to Rs 260 per sq.ft in 2023 and 2024. There were no figures for the years 2002, 2003, and 2007 for this street.

What is the land classification for Ammapalayam Arijana Street?

The land classification for Ammapalayam Arijana Street is Residential Class I Type - I, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office for Ammapalayam Arijana Street is the Dharapuram Sub Registrar Office, located at Taluk Office Compound, Dharapuram 638 656, Coimbatore registration zone.

How is stamp duty calculated for properties in Kundadam?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees can be calculated accordingly.