Guideline Value for Abdhulkam Aasath Street

Abdhulkam Aasath Street guideline value

The current guideline value of Abdhulkam Aasath Street is Rs 1,500 per sq.ft. This street is located in Ward 4 village under the Pollachi SRO, classified as Commercial Class I Type - I.

How the guideline value of Abdhulkam Aasath Street has changed

The guideline value for Abdhulkam Aasath Street has seen several revisions over the years. In 2002, the value was Rs 436 per sq.ft, which increased to Rs 470 per sq.ft in 2003, marking an 8% rise. The value then saw a significant increase of 182% to reach Rs 1,325 per sq.ft in 2007. From 2007 to 2012, the value rose by 13% to Rs 1,500 per sq.ft, but then dropped by 33% to Rs 1,005 per sq.ft in 2017.

In the most recent revisions, the guideline value remained at Rs 1,500 per sq.ft from 2023 to 2024, showing no change. Overall, from 2002 to 2024, the guideline value has increased by 244%.

Guideline values in Ward 4

In Ward 4, there are 116 streets under the Pollachi SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 2,500 per sq.ft. The median value for these streets is Rs 675 per sq.ft, placing Abdhulkam Aasath Street's current value above that median.

• ACMAMill Road: Rs 1,426 per sq.ft (2024)
• A.K.Muthukumarasamy Layout: Rs 675 per sq.ft (2024)
• A.K.Nagar: Rs 675 per sq.ft (2024)
• A.K.S.Layout: Rs 420 per sq.ft (2024)
• Alagu Nagar: Rs 675 per sq.ft (2024)
• Anbu Nagar: Rs 675 per sq.ft (2024)

Stamp duty and registration fee for property in Abdhulkam Aasath Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,500 per sq.ft, the total guideline value amounts to Rs 15,00,000. The stamp duty at 7% would be Rs 1,05,000, and the registration fee at 2% would be Rs 30,000, resulting in a total of Rs 1,35,000. 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 detailed calculations.

Which Sub Registrar Office covers Abdhulkam Aasath Street?

The Sub Registrar Office that covers Abdhulkam Aasath Street is the Pollachi Sub Registrar Office, located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward 4

The guideline value is a crucial factor during the registration of property transactions in Ward 4. It determines the minimum value at which a property can be registered and is used to calculate the applicable stamp duty and registration fees.

Frequently asked questions

What is the current guideline value of Abdhulkam Aasath Street?

The current guideline value of Abdhulkam Aasath Street is Rs 1,500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Over the years, the guideline value for Abdhulkam Aasath Street has experienced several changes, with an overall increase of 244% from 2002 to 2024.

What is the land classification of Abdhulkam Aasath Street?

Abdhulkam Aasath Street is classified as Commercial Class I Type - I.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office for Abdhulkam Aasath Street is located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001, Coimbatore registration zone.

How is stamp duty calculated for properties on this street?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at the guideline value of Rs 1,500 per sq.ft, the total guideline value is Rs 15,00,000, leading to a stamp duty of Rs 1,05,000.