Guideline Value for ATHENS GARDENS

Athens Gardens guideline value

The current guideline value of Athens Gardens is Rs 200 per sq.ft, effective from 1 July 2024. This property is located in Bilichi village, under the Periyanayakkan Palayam SRO, and is classified as Residential Class II Type - I.

How the guideline value of Athens Gardens has changed

According to the register, there are no figures available for Athens Gardens for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision in 2024 sets the guideline value at Rs 200 per sq.ft.

There have been no changes between the revisions listed, as the register has no figures for the specified years. The current figure of Rs 200 per sq.ft is the first documented value for this street.

Guideline values in Bilichi

In Bilichi, there are 44 streets under the Periyanayakkan Palayam SRO that have a 2024 guideline value ranging from Rs 100 to Rs 825 per sq.ft, with a median value of Rs 310 per sq.ft. The guideline value for Athens Gardens is below this median.

• Amaravathi Enclave: Rs 480 per sq.ft (2024)
• Brickland Platinum: Rs 500 per sq.ft (2024)
• Classique Residency: Rs 600 per sq.ft (2024)
• Emerald Square: Rs 240 per sq.ft (2024)
• Innisai Nagar: Rs 140 per sq.ft (2024)
• J J Nagar: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Athens Gardens

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value would be Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, totaling Rs 18,000. 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 more details.

Which Sub Registrar Office covers Athens Gardens?

The Sub Registrar Office covering Athens Gardens is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during property registration in Bilichi. It is used to determine the stamp duty and registration fees that must be paid when a property transaction occurs.

When buying or selling property, the guideline value ensures that the transaction is recorded accurately in the official register. This value is essential for legal documentation and compliance with local regulations.

Frequently asked questions

What is the current guideline value of Athens Gardens?

The current guideline value of Athens Gardens is Rs 200 per sq.ft, effective from 1 July 2024.

What is the land classification for Athens Gardens?

Athens Gardens is classified as Residential Class II Type - I, according to the local land classification regulations.

Are there any previous guideline values for Athens Gardens?

The register has no figures for Athens Gardens for the years 2002, 2003, 2007, 2012, 2017, and 2023. The 2024 revision is the first documented value for this street.

How does the guideline value compare to other streets in Bilichi?

The guideline value of Rs 200 per sq.ft for Athens Gardens is below the median value of Rs 310 per sq.ft for the 44 streets in Bilichi under the Periyanayakkan Palayam SRO.

What fees are associated with buying property in Athens Gardens?

When purchasing property in Athens Gardens, buyers should expect to pay a stamp duty of 7% and a registration fee of 2% based on the guideline value or the sale price, whichever is higher.