Guideline Value for AP RATHINAM LAYOUT

Ap Rathinam Layout guideline value

The current guideline value of Ap Rathinam Layout is Rs 250 per sq.ft, effective from 1 July 2024. This layout is located in Odaiyakulam village under the Anaimalai SRO, classified as Residential Class I Type - I.

How the guideline value of Ap Rathinam Layout has changed

Over the years, the guideline value for Ap Rathinam Layout has seen several revisions. The 2012 revision set the value at Rs 250 per sq.ft, which was followed by a decrease to Rs 167 per sq.ft in the 2017 revision. However, from 2017 to 2023, the value increased by 50% back to Rs 250 per sq.ft, and the current 2024 revision also maintains this figure, showing no change from the previous year.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has remained constant, reflecting a stability in the pricing for this area.

Guideline values in Odaiyakulam

In Odaiyakulam, there are 72 streets under the Anaimalai SRO that carry a 2024 guideline value ranging from Rs 101 to Rs 448 per sq.ft, with a median value of Rs 200 per sq.ft. Ap Rathinam Layout's 2024 figure of Rs 250 per sq.ft is above this median.

• Aps Nagar: Rs 250 per sq.ft (2024)
• Arivoli Nagar: Rs 250 per sq.ft (2024)
• Anaimalai Dharmaraja Colony: Rs 350 per sq.ft (2024)
• Alukusamiyar Kovil Street: Rs 200 per sq.ft (2024)
• Big Bazzar Street: Rs 200 per sq.ft (2024)
• Boyar Street: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Ap Rathinam Layout

For a 1,000 sq.ft plot at the current rate of Rs 250 per sq.ft, the guideline value amounts to Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, totaling Rs 22,500. Please note that the 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 further calculations.

Which Sub Registrar Office covers Ap Rathinam Layout?

The Sub Registrar Office that covers Ap Rathinam Layout is the Anaimalai Sub Registrar Office, located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor in the registration process when buying or selling property in Odaiyakulam. It determines the minimum value at which a property can be registered and is used to calculate the stamp duty and registration fees applicable to the transaction.

When a property is sold, the guideline value helps ensure that the transaction is recorded at a fair value, preventing undervaluation. Buyers and sellers should be aware of the guideline value to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value of Ap Rathinam Layout?

The current guideline value of Ap Rathinam Layout is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 250 per sq.ft in 2012, 2023, and 2024, while it decreased to Rs 167 per sq.ft in 2017. The value increased by 50% from 2017 to 2023.

What is the land classification for Ap Rathinam Layout?

Ap Rathinam Layout is classified as Residential Class I Type - I. This classification is important for understanding the type of development allowed in the area.

Where can I find the Sub Registrar Office for Ap Rathinam Layout?

The Sub Registrar Office for Ap Rathinam Layout is the Anaimalai Sub Registrar Office, located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104.

How is stamp duty calculated for properties in Ap Rathinam Layout?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For a property valued at Rs 2,50,000, the stamp duty would be Rs 17,500 at a rate of 7%.