Guideline Value for Aappakkoodal Main Road (416/1,3,4,5,6,374)

Aappakkoodal Main Road (416/1,3,4,5,6,374) guideline value

The current guideline value of Aappakkoodal Main Road (416/1,3,4,5,6,374) is Rs 400 per sq.ft, effective from 1 July 2024. This property is located in Aapakudal village and falls under the Kavundapadi SRO. The land classification for this area is Commercial Class I Type - I.

How the guideline value of Aappakkoodal Main Road (416/1,3,4,5,6,374) has changed

The guideline value for Aappakkoodal Main Road has experienced several revisions over the years. The 2007 revision set the value at Rs 56 per sq.ft, which increased significantly to Rs 400 per sq.ft in the 2012 revision. However, this value saw a decrease to Rs 268 per sq.ft in the 2017 revision. From 2017 to 2023, the value rose by 49% to Rs 400 per sq.ft, which remained unchanged in the 2024 revision.

Notably, there are no figures available for the years 2002 and 2003 for this street. Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 614%.

Guideline values in Aapakudal

Aapakudal village has 51 streets under the Kavundapadi SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 508 per sq.ft, with a median value of Rs 275 per sq.ft. The guideline value for Aappakkoodal Main Road is above this median.

• Aappaakkoodal thotta salaikal (414): Rs 200 per sq.ft (2024)
• Aa. Pudhupalayam Main Road (11,39/2,3,7,8,9,10,50/6,9,10,11,47/8 to12,63/1 to9,80/1 to5,87/1,4,5,8 to 11,97/1 to 5): Rs 275 per sq.ft (2024)
• Ambethkar street (414): Rs 200 per sq.ft (2024)
• Amman Koil Street (374): Rs 275 per sq.ft (2024)
• Anna Nagar (346/1,2,3,4,5,347/9,347/10,364/3,4): Rs 200 per sq.ft (2024)
• Anthiyur Main Road (44/3,52/11,12): Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Aappakkoodal Main Road (416/1,3,4,5,6,374)

For a 1,000 sq.ft plot at the current rate of Rs 400 per sq.ft, the guideline value amounts to Rs 4,00,000. The stamp duty at 7% would be Rs 28,000, and the registration fee at 2% would be Rs 8,000, totaling Rs 36,000. 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 accurate calculations.

Which Sub Registrar Office covers Aappakkoodal Main Road (416/1,3,4,5,6,374)?

The Sub Registrar Office that covers Aappakkoodal Main Road is the Kavundapadi Sub Registrar Office, located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is an essential factor in the registration process of property transactions. It serves as a benchmark for determining the stamp duty and registration fees applicable when buying or selling property in Aapakudal.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the registration process is standardized and transparent.

Frequently asked questions

What is the current guideline value of Aappakkoodal Main Road?

The current guideline value of Aappakkoodal Main Road (416/1,3,4,5,6,374) is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 56 per sq.ft in 2007 to Rs 400 per sq.ft in 2024, with various revisions in between, including a decrease in 2017.

What is the land classification of Aappakkoodal Main Road?

The land classification for Aappakkoodal Main Road is Commercial Class I Type - I.

Where can I find the registration office for Aappakkoodal?

The registration office for Aappakkoodal is the Kavundapadi Sub Registrar Office, located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone.

How is stamp duty calculated for properties in Aappakkoodal?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a 1,000 sq.ft plot at Rs 400 per sq.ft, the total guideline value is Rs 4,00,000, leading to specific stamp duty and registration fees.