Guideline Value for ATHIPALAYAM ROAD

Athipalayam Road guideline value

The current guideline value of Athipalayam Road is Rs 1,025 per sq.ft, effective from 1 July 2024. This street is located in Chinnavedampatty. village under the Gandhipuram SRO, classified as Mixed Type - I land.

How the guideline value of Athipalayam Road has changed

The guideline value for Athipalayam Road has seen several revisions over the years. The 2012 revision set the value at Rs 900 per sq.ft, which then changed to Rs 603 per sq.ft in the 2017 revision, reflecting a decrease of 33%. Following this, the value significantly increased to Rs 1,000 per sq.ft in 2023, marking a 66% rise. The most recent revision in 2024 has set the guideline value at Rs 1,025 per sq.ft, indicating a 3% increase from the previous year.

The register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 14%.

Guideline values in Chinnavedampatty.

In Chinnavedampatty., there are 144 streets under the Gandhipuram SRO that carry a 2024 guideline value ranging from Rs 1,010 to Rs 2,000 per sq.ft. The median guideline value is Rs 1,095 per sq.ft, positioning Athipalayam Road's 2024 figure below this median.

• Arumuga Layout: Rs 1,095 per sq.ft (2024)
• Ayyappa Nagar: Rs 1,105 per sq.ft (2024)
• Arul Jothi Layout: Rs 1,095 per sq.ft (2024)
• Azhagu Nagar: Rs 1,095 per sq.ft (2024)
• Bagiyam Layout: Rs 1,095 per sq.ft (2024)
• Bajanai Koil Veethi: Rs 1,090 per sq.ft (2024)

Stamp duty and registration fee for property in Athipalayam Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,025 per sq.ft, the total guideline value would be Rs 10,25,000. The stamp duty at 7% would amount to Rs 71,750, while the registration fee at 2% would be Rs 20,500, bringing the total charges to Rs 92,250. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Athipalayam Road?

The Sub Registrar Office covering Athipalayam Road is the Gandhipuram Sub Registrar Office, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti - 641035, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Chinnavedampatty. It serves as a benchmark for determining the minimum price at which a property can be registered, ensuring that the transaction is recorded at a fair value as per government standards.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are essential for the legal transfer of property ownership. Buyers should be aware of the current guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Athipalayam Road?

The current guideline value of Athipalayam Road is Rs 1,025 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 900 per sq.ft in 2012 to Rs 603 per sq.ft in 2017, then to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,025 per sq.ft in 2024.

What is the median guideline value in Chinnavedampatty.?

The median guideline value in Chinnavedampatty. is Rs 1,095 per sq.ft, with Athipalayam Road's 2024 figure being below this median.

What are the stamp duty and registration fees for properties on Athipalayam Road?

For a property valued at Rs 10,25,000, the stamp duty would be Rs 71,750 and the registration fee would be Rs 20,500, totaling Rs 92,250.

Where is the Sub Registrar Office for Athipalayam Road located?

The Sub Registrar Office for Athipalayam Road is located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti - 641035, Coimbatore registration zone.