Guideline Value for Abdulkalam Street

Abdulkalam Street guideline value

The current guideline value of Abdulkalam Street in Kuniyamuthur village, under the Coimbatore South Joint 1 SRO, is Rs 1,003 per sq.ft, effective from 1 July 2024. The land classification for this street is Residential Class II Type - II.

How the guideline value of Abdulkalam Street has changed

The guideline value for Abdulkalam Street has undergone several revisions over the years. The most recent revision in 2024 set the guideline value at Rs 1,003 per sq.ft, which is a change from Rs 1,000 per sq.ft in the 2023 revision. Notably, there was no change between the 2023 and 2024 revisions, reflecting a 0% change.

Looking back, the register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for Abdulkalam Street. Therefore, the only available figures are from the 2023 and 2024 revisions.

Guideline values in Kuniyamuthur

In Kuniyamuthur, there are 410 streets under the Coimbatore South Joint 1 SRO that carry a 2024 guideline value, ranging from Rs 1,000 to Rs 1,550 per sq.ft. The median guideline value for these streets is Rs 1,003 per sq.ft, which matches the current guideline value of Abdulkalam Street.

• Abirami Nagar: Rs 1,200 per sq.ft (2024)
• Aathi Sakthi Nagar: Rs 1,005 per sq.ft (2024)
• AandiGounder Street: Rs 1,003 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 Abdulkalam Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,003 per sq.ft, the total guideline value would be Rs 10,03,000. The stamp duty at 7% would amount to Rs 70,210, while the registration fee at 2% would be Rs 20,060, making the total charges together Rs 90,270. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Abdulkalam Street?

The Sub Registrar Office that covers Abdulkalam Street is 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 plays a crucial role in the registration process of property transactions in Kuniyamuthur. It serves as a benchmark for determining the stamp duty and registration fees applicable when buying or selling property in the area.

When a property is registered, the guideline value is compared with the sale price, and the higher of the two values is used to calculate the applicable charges. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Abdulkalam Street?

The current guideline value of Abdulkalam Street is Rs 1,003 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2023 to Rs 1,003 per sq.ft in 2024. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002.

What is the median guideline value in Kuniyamuthur?

The median guideline value for streets in Kuniyamuthur is Rs 1,003 per sq.ft, which is the same as the current guideline value for Abdulkalam Street.

What are the stamp duty and registration fees for a property in Abdulkalam Street?

For a property of 1,000 sq.ft at the guideline value of Rs 10,03,000, the stamp duty would be Rs 70,210 and the registration fee would be Rs 20,060, totaling Rs 90,270.

Where can I find the Sub Registrar Office for Abdulkalam Street?

The Sub Registrar Office for Abdulkalam Street is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001.