Guideline Value for ANANYA'S GARDEN@ VADAVALLI

Ananya's Garden@ Vadavalli guideline value

The current guideline value for Ananya's Garden@ Vadavalli is Rs 1,650 per sq.ft, effective from 1 July 2024. This property is located in Somayampalayam village under the Vadavalli Sub Registrar Office (SRO) and is classified as Residential Special Type - I.

How the guideline value of Ananya's Garden@ Vadavalli has changed

The guideline value for Ananya's Garden@ Vadavalli has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 1,650 per sq.ft, which is an increase of 10% from the 2023 revision of Rs 1,500 per sq.ft. Prior to 2023, the register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

In summary, the 2023 revision recorded a value of Rs 1,500 per sq.ft, while the 2024 revision increased it to Rs 1,650 per sq.ft. The consistent rise in the guideline value reflects the adjustments made in the register, with the latest figure being the highest recorded for this property.

Guideline values in Somayampalayam

In Somayampalayam, there are 139 streets under the Vadavalli SRO that carry a 2024 guideline value ranging from Rs 330 to Rs 2,000 per sq.ft, with a median value of Rs 720 per sq.ft. Ananya's Garden@ Vadavalli's 2024 figure is above this median, indicating a higher valuation compared to many other streets in the village.

• Ananya's Garden @ Kalappanaickenpalayam: Rs 1,650 per sq.ft (2024)
• Ananyas Nananani Phase-IV: Rs 1,650 per sq.ft (2024)
• Altrons Gardens: Rs 550 per sq.ft (2024)
• Alpha Garden: Rs 825 per sq.ft (2024)
• Akshra Gardens: Rs 550 per sq.ft (2024)
• Ajantha Nagar: Rs 550 per sq.ft (2024)

Stamp duty and registration fee for property in Ananya's Garden@ Vadavalli

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value would be Rs 16,50,000. The stamp duty at 7% would amount to Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, bringing the total to Rs 1,48,500. 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 details on fees applicable to your property transaction.

Which Sub Registrar Office covers Ananya's Garden@ Vadavalli?

Ananya's Garden@ Vadavalli falls under the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Somayampalayam. It serves as a benchmark for determining the stamp duty and registration fees when buying or selling property. The guideline value is referenced to ensure that the fees are calculated based on a standardized valuation of the property.

When a property is registered, the guideline value is used to assess the applicable charges. If the sale price is higher than the guideline value, the stamp duty will be calculated based on the sale price instead.

Frequently asked questions

What is the current guideline value for Ananya's Garden@ Vadavalli?

The current guideline value for Ananya's Garden@ Vadavalli is Rs 1,650 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

The guideline value increased from Rs 1,500 per sq.ft in 2023 to Rs 1,650 per sq.ft in 2024, marking a 10% increase.

What is the land classification for Ananya's Garden@ Vadavalli?

Ananya's Garden@ Vadavalli is classified as Residential Special Type - I.

Where can I find the registration office for Ananya's Garden@ Vadavalli?

The registration office for Ananya's Garden@ Vadavalli is the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.

How is stamp duty calculated for properties in Somayampalayam?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. This ensures that the fees reflect the true value of the transaction.