Guideline Value for ASHOK NAGAR EXTENSION VI

Ashok Nagar Extension VI guideline value

The current guideline value of Ashok Nagar Extension VI is Rs 1,590 per sq.ft, effective from 1 July 2024. This street is located in KALAPATTY_East village under the Gandhipuram SRO, and it falls under the Residential Class IV Type - II land classification.

How the guideline value of Ashok Nagar Extension VI has changed

The guideline value for Ashok Nagar Extension VI has undergone several revisions over the years. The register does not contain figures for the years 2002, 2003, 2007, 2012, and 2017. The most recent revisions show that in 2023, the guideline value was Rs 1,418 per sq.ft, which increased to Rs 1,590 per sq.ft in 2024, marking a change of +12%.

Prior to the 2023 revision, the register does not provide any figures for this street. The 2024 revision reflects a significant increase in the guideline value, indicating a shift in the valuation of properties in this area.

Guideline values in KALAPATTY_East

In KALAPATTY_East, there are 358 streets under the Gandhipuram SRO that carry a 2024 guideline value ranging from Rs 1,010 to Rs 3,920 per sq.ft. The median guideline value for these streets is Rs 1,055 per sq.ft, placing Ashok Nagar Extension VI's 2024 figure above this median.

• Ashok Nagar Extention V: Rs 1,060 per sq.ft (2024)
• Ashok Nagar (Kalappatti): Rs 1,045 per sq.ft (2024)
• Ashok Layout (Civil Aerodrome): Rs 1,065 per sq.ft (2024)
• Atharsh Garden (Kalappatti): Rs 1,040 per sq.ft (2024)
• Avinashi Road: Rs 3,920 per sq.ft (2024)
• Arulanantha Puram: Rs 1,040 per sq.ft (2024)

Stamp duty and registration fee for property in Ashok Nagar Extension VI

For a 1,000 sq.ft plot at the current guideline value of Rs 1,590 per sq.ft, the total guideline value amounts to Rs 15,90,000. The stamp duty at 7% would be Rs 1,11,300, and the registration fee at 2% would be Rs 31,800, bringing the total fees to Rs 1,43,100. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ashok Nagar Extension VI?

The Sub Registrar Office that covers Ashok Nagar Extension VI is the Gandhipuram Sub Registrar Office. The address is Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process for property transactions in KALAPATTY_East. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is documented accurately in accordance with government regulations.

When buying or selling property, the guideline value helps in calculating the applicable stamp duty and registration fees. Buyers and sellers should be aware of the current guideline value to ensure compliance with legal requirements during the transaction.

Frequently asked questions

What is the current guideline value of Ashok Nagar Extension VI?

The current guideline value of Ashok Nagar Extension VI is Rs 1,590 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,418 per sq.ft in 2023 to Rs 1,590 per sq.ft in 2024, which is an increase of +12%. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the median guideline value in KALAPATTY_East?

The median guideline value in KALAPATTY_East is Rs 1,055 per sq.ft, with Ashok Nagar Extension VI's 2024 figure being above this median.

What are the stamp duty and registration fees for Ashok Nagar Extension VI?

For a property with a guideline value of Rs 15,90,000, the stamp duty is Rs 1,11,300 and the registration fee is Rs 31,800, totaling Rs 1,43,100. Duty is charged on the higher of the guideline value or the sale price.

Which office handles registrations for Ashok Nagar Extension VI?

The Gandhipuram Sub Registrar Office handles registrations for Ashok Nagar Extension VI, located near Saravanampatti Police Station in Coimbatore.