Guideline Value for Abbe Gowder Street

Abbe Gowder Street guideline value

The current guideline value of Abbe Gowder Street is Rs 1,014 per sq.ft, effective from 1 July 2024. This street is located in Thudiyalur village under the Periyanayakkan Palayam SRO, classified as Residential Class II Type - II.

How the guideline value of Abbe Gowder Street has changed

The guideline value for Abbe Gowder Street has seen significant changes over the years. In the 2012 revision, the value was Rs 350 per sq.ft, which decreased to Rs 234 per sq.ft in 2017. This was a decline of 33%. However, from 2017 to 2023, there was a substantial increase of 327%, bringing the value to Rs 1,000 per sq.ft. The most recent revision in 2024 saw a slight increase of 1%, raising the guideline value to Rs 1,014 per sq.ft.

It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for Abbe Gowder Street. Overall, from 2012 to 2024, the guideline value has increased by 190%.

Guideline values in Thudiyalur

In Thudiyalur, there are 282 streets under the Periyanayakkan Palayam SRO that carry a 2024 guideline value ranging from Rs 1,001 to Rs 4,000 per sq.ft. The median value for these streets is Rs 1,019 per sq.ft, making the guideline value of Abbe Gowder Street slightly below this median.

• Adhithya Residency: Rs 1,021 per sq.ft (2024)
• Ajantha Nagar: Rs 1,020 per sq.ft (2024)
• Alankar Thottam: Rs 1,100 per sq.ft (2024)
• Amarjothi Ever Green Garden: Rs 1,100 per sq.ft (2024)
• Ambethkar Street: Rs 1,014 per sq.ft (2024)
• Ambika Nagar: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in Abbe Gowder Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,014 per sq.ft, the total guideline value would be Rs 10,14,000. The stamp duty at 7% would amount to Rs 70,980, and the registration fee at 2% would be Rs 20,280, totaling Rs 91,260. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Abbe Gowder Street?

The Sub Registrar Office that covers Abbe Gowder Street is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020. For more information, you can find your SRO.

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

The guideline value is a crucial factor in property transactions in Thudiyalur. It is used to determine the stamp duty and registration fees that need to be paid during the registration process. Buyers and sellers must consider this value to ensure that they comply with the legal requirements for property transactions.

When a property is sold, the guideline value serves as a reference point for the transaction. It is essential for both parties to be aware of this value, as it can impact the overall costs associated with buying or selling property in the area.

Frequently asked questions

What is the current guideline value of Abbe Gowder Street?

The current guideline value of Abbe Gowder Street is Rs 1,014 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 350 per sq.ft in 2012 to Rs 1,014 per sq.ft in 2024, marking an overall increase of 190% over this period.

What is the median guideline value for streets in Thudiyalur?

The median guideline value for the 282 streets in Thudiyalur is Rs 1,019 per sq.ft, which is slightly higher than the value for Abbe Gowder Street.

What are the stamp duty and registration fees for property in Abbe Gowder Street?

For a 1,000 sq.ft plot, the total guideline value is Rs 10,14,000, with a stamp duty of Rs 70,980 and a registration fee of Rs 20,280, totaling Rs 91,260.

Which office handles the registration for properties in Abbe Gowder Street?

The Periyanayakkan Palayam Sub Registrar Office handles the registration for properties in Abbe Gowder Street, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.