Guideline Value for ATHIYUR ROAD

Athiyur Road guideline value

The current guideline value of Athiyur Road in Poolankulam village, under the Kunnathur SRO, is Rs 350 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Class I Type - I.

How the guideline value of Athiyur Road has changed

The guideline value for Athiyur Road has seen several revisions over the years. The earliest recorded figure is from 2007, when the guideline value was Rs 51 per sq.ft. This increased significantly to Rs 350 per sq.ft in 2012. However, in 2017, it dropped to Rs 234 per sq.ft, before rising again to Rs 350 per sq.ft in both 2023 and 2024, showing no change between these two revisions. The register has no figures for the years 2002 and 2003 for this street.

From 2007 to 2012, the guideline value increased by 586%, followed by a decrease of 33% from 2012 to 2017. The value then increased by 50% from 2017 to 2023, and remained stable from 2023 to 2024. Overall, from 2007 to 2024, the guideline value has increased by 586%.

Guideline values in Poolankulam

In Poolankulam, there are 10 streets under the Kunnathur SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 711 per sq.ft. The median guideline value in this area is Rs 496 per sq.ft, making the guideline value of Athiyur Road below that median.

• Gandhi Nagar: Rs 200 per sq.ft (2024)
• Karunkal Medu: Rs 200 per sq.ft (2024)
• Pallagounden Palayam Road: Rs 200 per sq.ft (2024)
• Perumanallur Road: Rs 496 per sq.ft (2024)
• Rasu Chettiar Street: Rs 711 per sq.ft (2024)
• Swarana Clinic Road: Rs 496 per sq.ft (2024)

Stamp duty and registration fee for property in Athiyur Road

For a 1,000 sq.ft plot at the current guideline value of Rs 350 per sq.ft, the total guideline value would be Rs 3,50,000. The stamp duty at 7% would amount to Rs 24,500, and the registration fee at 2% would be Rs 7,000, making the total charges Rs 31,500. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Athiyur Road?

The Sub Registrar Office that covers Athiyur Road is the Kunnathur Sub Registrar Office, located at No.348, Uthukuli Road, Kunnathur - 638103, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during property registration in Poolankulam. It serves as a benchmark for determining the stamp duty and registration fees that must be paid when a property is bought or sold. Buyers and sellers should be aware of the guideline value to ensure compliance with legal requirements during transactions.

When engaging in property transactions, the guideline value helps to establish a fair price for the property. It is essential for both parties to understand this value to avoid disputes and ensure a smooth registration process.

Frequently asked questions

What is the current guideline value of Athiyur Road?

The current guideline value of Athiyur Road is Rs 350 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, from Rs 51 per sq.ft in 2007 to Rs 350 per sq.ft in 2012, then to Rs 234 per sq.ft in 2017, and back to Rs 350 per sq.ft in 2023 and 2024.

What is the median guideline value in Poolankulam?

The median guideline value in Poolankulam is Rs 496 per sq.ft, with Athiyur Road's current value being below this median.

What are the stamp duty and registration fees for property in Athiyur Road?

For a 1,000 sq.ft plot at the current rate, the total guideline value is Rs 3,50,000. The stamp duty would be Rs 24,500, and the registration fee would be Rs 7,000, totaling Rs 31,500.

Which office handles registrations for Athiyur Road?

The Kunnathur Sub Registrar Office handles registrations for Athiyur Road, located at No.348, Uthukuli Road, Kunnathur - 638103, Coimbatore registration zone.