Guideline Value for ATTAKATTI

Attakatti guideline value

The current guideline value of Attakatti, located in Anaimalai Hills village under the Anaimalai SRO, is Rs 300 per sq.ft. This value is effective from 1 July 2024 and falls under the Residential Class II Type - II land classification.

How the guideline value of Attakatti has changed

Over the years, the guideline value of Attakatti has seen significant changes. The earliest recorded figure is from 2003, where the value was Rs 4 per sq.ft. This increased to Rs 10 per sq.ft in 2007, then rose to Rs 100 per sq.ft in 2012. However, it saw a decrease to Rs 67 per sq.ft in 2017. The value then jumped to Rs 300 per sq.ft in both 2023 and 2024, showing a remarkable increase of 348% from 2017 to 2023. The register has no figure for the year 2002 for this street.

From 2003 to 2024, the overall increase in the guideline value is a staggering 7400%. The changes between the revisions are as follows: from 2003 to 2007, the value increased by 150%; from 2007 to 2012, it saw a significant rise of 900%; then, from 2012 to 2017, there was a decrease of 33%. The value remained stable from 2023 to 2024, with a change of +0%.

Guideline values in Anaimalai Hills

In Anaimalai Hills, there are 121 streets under the Anaimalai SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 450 per sq.ft, with the median being Rs 300 per sq.ft. The guideline value for Attakatti is equal to this median.

• Ayyarpadi Ropeway Factory Division: Rs 300 per sq.ft (2024)
• Ayyarpadi Ropeway Station: Rs 300 per sq.ft (2024)
• Bharathidhasan Nagar: Rs 302 per sq.ft (2024)
• Anna Nagar: Rs 301 per sq.ft (2024)
• ANAIMUDI 1st DIVISION: Rs 300 per sq.ft (2024)
• AKKAMALAI 2nd DIVISION: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Attakatti

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total 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, making the total cost for these fees Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Attakatti?

The Sub Registrar Office that covers Attakatti is the Anaimalai Sub Registrar Office, located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor when buying or selling property in Anaimalai Hills, as it determines the minimum value at which a property can be registered. This value is used to calculate the stamp duty and registration fees that must be paid during the transaction.

When a property is registered, the guideline value is assessed to ensure that the transaction reflects a fair valuation. Buyers and sellers should be aware of the guideline value to avoid discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Attakatti?

The current guideline value of Attakatti is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, increasing from Rs 4 per sq.ft in 2003 to Rs 300 per sq.ft in 2024, showing an overall increase of 7400% over the years.

What is the land classification for Attakatti?

Attakatti falls under the Residential Class II Type - II land classification, which is relevant for determining its guideline value.

Where can I find the Sub Registrar Office for Attakatti?

The Sub Registrar Office for Attakatti is the Anaimalai Sub Registrar Office, located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104.

How are stamp duty and registration fees calculated in Attakatti?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher, while the registration fee is charged at 2% of the guideline value. For example, on a 1,000 sq.ft plot at Rs 300 per sq.ft, the total fees would be Rs 27,000.