Guideline Value for ATHARSH GARDEN (KALAPPATTI)

Atharsh Garden (Kalappatti) guideline value

The current guideline value of Atharsh Garden (Kalappatti) is Rs 1,045 per sq.ft, effective from 1 July 2024. This property is located in Kalapatty_west village, under the Gandhipuram SRO, and is classified as Residential Class II Type - II.

How the guideline value of Atharsh Garden (Kalappatti) has changed

The guideline value for Atharsh Garden (Kalappatti) has seen significant changes over the years. The earliest recorded revision is from 2017, where the guideline value was Rs 268 per sq.ft. The most recent revision in 2024 shows a substantial increase to Rs 1,045 per sq.ft, marking a change of +290% from the 2017 figure.

There are no recorded guideline values for the years 2023, 2012, 2007, 2003, and 2002 for this street. The 2024 figure reflects the current valuation trends in the area.

Guideline values in Kalapatty_west

In Kalapatty_west, there are 357 streets under the Gandhipuram SRO that have a 2024 guideline value ranging from Rs 1,010 to Rs 3,920 per sq.ft, with a median value of Rs 1,060 per sq.ft. Atharsh Garden's 2024 guideline value is below this median.

• Ashok Nagar (Kalappatti): Rs 1,050 per sq.ft (2024)
• Ashok Layout (Civil Aerodrome): Rs 1,065 per sq.ft (2024)
• Avinashi Road: Rs 3,920 per sq.ft (2024)
• Arum Lily: Rs 1,265 per sq.ft (2024)
• Arulanantha Puram: Rs 1,045 per sq.ft (2024)
• Arulanantha Nagar (Thottipalayam): Rs 1,045 per sq.ft (2024)

Stamp duty and registration fee for property in Atharsh Garden (Kalappatti)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,045 per sq.ft, the total guideline value would be Rs 10,45,000. The stamp duty at 7% would amount to Rs 73,150, and the registration fee at 2% would be Rs 20,900, bringing the total fees together to Rs 94,050. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Atharsh Garden (Kalappatti)?

The Sub Registrar Office that covers Atharsh Garden (Kalappatti) 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 details.

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

The guideline value plays a crucial role during the registration of property transactions in Kalapatty_west. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the state collects the appropriate stamp duty and registration fees.

When buying or selling property, the guideline value is used to calculate the applicable fees. Buyers should be aware that the stamp duty is charged on either the guideline value or the sale price, whichever is higher, to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Atharsh Garden (Kalappatti)?

The current guideline value of Atharsh Garden (Kalappatti) is Rs 1,045 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 268 per sq.ft to Rs 1,045 per sq.ft in 2024, reflecting a change of +290%.

Are there any years with no guideline value recorded for this street?

Yes, the guideline value register has no figures for the years 2023, 2012, 2007, 2003, and 2002 for Atharsh Garden (Kalappatti).

What is the registration office for Atharsh Garden (Kalappatti)?

The registration office covering Atharsh Garden (Kalappatti) is the Gandhipuram Sub Registrar Office, located near Saravanampatti Police Station in Coimbatore.

How is the stamp duty calculated for properties in Atharsh Garden (Kalappatti)?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 73,150.