Guideline Value for Aathi Sakthi Nagar

Aathi Sakthi Nagar guideline value

The current guideline value of Aathi Sakthi Nagar is Rs 1,005 per sq.ft, effective from 1 July 2024. This area is located in Kuniyamuthur village and falls under the Coimbatore South Joint 1 SRO. The land classification for this street is Residential Class III Type - I.

How the guideline value of Aathi Sakthi Nagar has changed

The guideline value for Aathi Sakthi Nagar has undergone several revisions over the years. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 1,000 per sq.ft, and in the 2024 revision, it increased to Rs 1,005 per sq.ft, marking a change of +1% from the previous year.

This change reflects the most recent adjustments made to the guideline values in the area. The 2024 figure of Rs 1,005 per sq.ft is above the median guideline value of Rs 1,003 per sq.ft for Kuniyamuthur, which ranges from Rs 1,000 to Rs 1,550 per sq.ft across 410 streets under the Coimbatore South Joint 1 SRO.

Guideline values in Kuniyamuthur

In Kuniyamuthur, the guideline values vary significantly, with the current range for 2024 being from Rs 1,000 to Rs 1,550 per sq.ft. Aathi Sakthi Nagar's guideline value is above the median of Rs 1,003 per sq.ft. Below are some other streets in Kuniyamuthur with their respective guideline values:

• Abdulkalam Street: Rs 1,003 per sq.ft (2024)
• AandiGounder Street: Rs 1,003 per sq.ft (2024)
• Abirami Nagar: Rs 1,200 per sq.ft (2024)
• Aditya Garden: Rs 1,001 per sq.ft (2024)
• A.K.J.Colony: Rs 1,003 per sq.ft (2024)
• Akshaya Garden: Rs 1,001 per sq.ft (2024)

Stamp duty and registration fee for property in Aathi Sakthi Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,005 per sq.ft, the total guideline value would be Rs 10,05,000. The stamp duty at 7% would amount to Rs 70,350, while the registration fee at 2% would be Rs 20,100, bringing the total cost for these fees to Rs 90,450. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Aathi Sakthi Nagar?

Aathi Sakthi Nagar is covered by the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001, in the Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Kuniyamuthur, as it helps determine the stamp duty and registration fees applicable during the sale or purchase of property. Buyers and sellers must consider this value to ensure compliance with local regulations and to accurately calculate the costs associated with the transaction.

When registering a property, the guideline value serves as a benchmark for the minimum price at which the property can be sold. This ensures that the government receives the appropriate taxes based on the property's value, thereby maintaining transparency in real estate transactions.

Frequently asked questions

What is the current guideline value of Aathi Sakthi Nagar?

The current guideline value of Aathi Sakthi Nagar is Rs 1,005 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Aathi Sakthi Nagar has changed from Rs 1,000 per sq.ft in 2023 to Rs 1,005 per sq.ft in 2024, reflecting an increase of +1%.

What is the land classification for Aathi Sakthi Nagar?

Aathi Sakthi Nagar is classified as Residential Class III Type - I.

Where can I find the Sub Registrar Office for Aathi Sakthi Nagar?

The Sub Registrar Office covering Aathi Sakthi Nagar is located at No.410a, Raja Street, Coimbatore-641001, under the Coimbatore South Joint 1 SRO.

What are the stamp duty and registration fees for a property in Aathi Sakthi Nagar?

For a property valued at Rs 10,05,000, the stamp duty would be Rs 70,350 and the registration fee would be Rs 20,100, totaling Rs 90,450. These fees are based on the guideline value or the sale price, whichever is higher.