Guideline Value for Adhithya Residency

Adhithya Residency guideline value

The current guideline value of Adhithya Residency in Thudiyalur village, under the Periyanayakkan Palayam SRO, is Rs 1,021 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Special Type - III.

How the guideline value of Adhithya Residency has changed

The guideline value for Adhithya Residency has seen several revisions over the years. In 2012, the guideline value was Rs 700 per sq.ft, which then decreased to Rs 469 per sq.ft in 2017. However, from 2017 to 2023, there was a significant increase of 113%, bringing the value up to Rs 1,000 per sq.ft. The most recent revision in 2024 saw a further increase to Rs 1,021 per sq.ft, marking a 2% rise from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 46%.

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, with a median value of Rs 1,019 per sq.ft. The guideline value for Adhithya Residency is above this median.

• Abbe Gowder Street: Rs 1,014 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 Adhithya Residency

For a 1,000 sq.ft plot at the current guideline value of Rs 1,021 per sq.ft, the total guideline value amounts to Rs 10,21,000. The stamp duty at 7% would be Rs 71,470, and the registration fee at 2% would be Rs 20,420, making the total fees together Rs 91,890. It is important to note that the 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 further calculations.

Which Sub Registrar Office covers Adhithya Residency?

The Sub Registrar Office that covers Adhithya Residency is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration process of property transactions in Thudiyalur. It is used to determine the stamp duty and registration fees that must be paid when buying or selling a property.

When a property is registered, the guideline value serves as a benchmark for the transaction. Buyers and sellers must ensure that the sale price is in line with the guideline value to avoid discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Adhithya Residency?

The current guideline value of Adhithya Residency is Rs 1,021 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 700 per sq.ft in 2012 to Rs 469 per sq.ft in 2017, then increased to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,021 per sq.ft in 2024.

What is the land classification for Adhithya Residency?

The land classification for Adhithya Residency is Residential Special Type - III.

What is the stamp duty for property in Adhithya Residency?

The stamp duty for property in Adhithya Residency is 7% of the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office for Adhithya Residency located?

The Sub Registrar Office for Adhithya Residency is located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.