Guideline Value for AVM Garden 158

AVM Garden 158 guideline value

The current guideline value of AVM Garden 158 is Rs 100 per sq.ft, effective from 1 July 2024. This property is located in Lakkamanaickenpatti village, under the Moolanur SRO, and is classified as Residential Class V Type - V.

How the guideline value of AVM Garden 158 has changed

The guideline value for AVM Garden 158 has undergone several revisions over the years. The earliest recorded revision in 2012 set the guideline value at Rs 30 per sq.ft. This figure remained until the 2024 revision, which increased the guideline value to Rs 100 per sq.ft, marking a significant change of +233% from the 2012 figure.

There are no recorded figures for the years 2002, 2003, 2007, 2017, and 2023 for this street, indicating that the guideline value remained unchanged during those periods. The most recent revision in 2024 reflects the current value of Rs 100 per sq.ft.

Guideline values in Lakkamanaickenpatti

In Lakkamanaickenpatti, five streets under the Moolanur SRO have a 2024 guideline value of Rs 100 per sq.ft, with AVM Garden 158 matching the median value of Rs 100 per sq.ft. The following are the other streets in Lakkamanaickenpatti:

• Angalamman Nagar 245/B1,255/2: Rs 100 per sq.ft (2024)
• Nava Sri Garden 1008/2,3, 1010: Rs 100 per sq.ft (2024)
• Nila Garden 343: Rs 100 per sq.ft (2024)
• Veera Garden 222/A1: Rs 100 per sq.ft (2024)

Stamp duty and registration fee for property in AVM Garden 158

For a 1,000 sq.ft plot at the current guideline value of Rs 100 per sq.ft, the total guideline value amounts to Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, while the registration fee at 2% would be Rs 2,000, bringing the total charges to Rs 9,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more details on fees applicable to your property transaction.

Which Sub Registrar Office covers AVM Garden 158?

The Sub Registrar Office that covers AVM Garden 158 is the Moolanur Sub Registrar Office, located at No.2, Karur-dharapuram Road, Moolanur - 638106, Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor during the registration of property in Lakkamanaickenpatti. It is used to determine the stamp duty and registration fees applicable to the transaction, ensuring that the government collects the appropriate taxes based on the property's worth as per the guideline value register.

When buying or selling property, it is essential to consider the guideline value as it directly impacts the financial obligations during the registration process. Buyers should ensure that they are aware of the current guideline value to avoid any discrepancies in the transaction.

Frequently asked questions

What is the current guideline value of AVM Garden 158?

The current guideline value of AVM Garden 158 is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 30 per sq.ft in 2012 to Rs 100 per sq.ft in 2024, representing a +233% increase. There are no recorded figures for the years 2002, 2003, 2007, 2017, and 2023 for this street.

What are the other streets with the same guideline value in Lakkamanaickenpatti?

In Lakkamanaickenpatti, other streets with a guideline value of Rs 100 per sq.ft include Angalamman Nagar 245/B1,255/2, Nava Sri Garden 1008/2,3, 1010, Nila Garden 343, and Veera Garden 222/A1.

What is the stamp duty for a property in AVM Garden 158?

The stamp duty for a property in AVM Garden 158 is calculated at 7% of the guideline value. For a 1,000 sq.ft plot, this amounts to Rs 7,000.

Which office handles registrations for AVM Garden 158?

The Moolanur Sub Registrar Office handles registrations for AVM Garden 158. It is located at No.2, Karur-dharapuram Road, Moolanur - 638106, Coimbatore registration zone.