Guideline Value for ATHIPALLI - NAMBALAKOTTAI( 481,482,483,)

Athipalli - Nambalakottai( 481,482,483,) guideline value

The current guideline value for Athipalli - Nambalakottai( 481,482,483,) is Rs 300 per sq.ft, effective from 1 July 2024. This area is located in Gudalur-2 village under the Goodaloor SRO, classified as Residential Class II Type - III.

How the guideline value of Athipalli - Nambalakottai( 481,482,483,) has changed

The guideline value for Athipalli - Nambalakottai has seen significant changes over the years. The 2017 revision recorded a guideline value of Rs 100 per sq.ft. This was followed by the 2023 revision, which maintained the value at Rs 300 per sq.ft, marking a 200% increase from the 2017 figure. The current 2024 revision also holds the guideline value at Rs 300 per sq.ft, showing no change from the previous year.

It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street. Overall, from the 2017 revision to the 2024 revision, there has been a 200% increase in the guideline value.

Guideline values in Gudalur-2

In Gudalur-2, there are 52 streets under the Goodaloor SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 1,101 per sq.ft, with the median being Rs 300 per sq.ft. Athipalli - Nambalakottai's 2024 figure matches this median.

• Asha Bhavan Road, Gudalur(1263,1264,1268): Rs 300 per sq.ft (2024)
• Chevidipet - Kulampuzha(359,362,489,482,483,484,485,491): Rs 300 per sq.ft (2024)
• Ealu Malayaan Abdul Kalam Road(1010,1012,1018,1019, 1020,1021): Rs 300 per sq.ft (2024)
• HEALTH CAMP D.S.P. QUARTERES ROAD - GEROSA NILAYAM(1194,1195,1196,1198 1199,1202,1204,1211, 1018) (Except 1211/13): Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Athipalli - Nambalakottai( 481,482,483,)

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, totaling Rs 27,000. 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 Athipalli - Nambalakottai( 481,482,483,)?

The Sub Registrar Office covering Athipalli - Nambalakottai is the Goodaloor Sub Registrar Office, located at 10/512a.old Court Road, Gudalur, Nilgiris-643212, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Gudalur-2

The guideline value plays a crucial role in the registration of property transactions in Gudalur-2. It is used to determine the stamp duty and registration fees that need to be paid during the sale or purchase of property. This value ensures that the government receives the appropriate revenue from property transactions.

When buying or selling property, it is essential to be aware of the guideline value as it can affect the overall cost involved in the transaction. Buyers and sellers should ensure that the sale price is in line with the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for Athipalli - Nambalakottai?

The current guideline value for Athipalli - Nambalakottai( 481,482,483,) is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 100 per sq.ft in 2017 to Rs 300 per sq.ft in both 2023 and 2024, marking a 200% increase overall from 2017 to 2024.

What is the land classification for this area?

Athipalli - Nambalakottai is classified as Residential Class II Type - III.

Which Sub Registrar Office handles registrations for this area?

The Goodaloor Sub Registrar Office handles registrations for Athipalli - Nambalakottai, located at 10/512a.old Court Road, Gudalur, Nilgiris-643212, Coimbatore registration zone.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property with a guideline value of Rs 3,00,000, the stamp duty at 7% would be Rs 21,000.