Guideline Value for Adithya Appartments

Adithya Appartments guideline value

The current guideline value of Adithya Appartments is Rs 420 per sq.ft, effective from 1 July 2024. It is located in Gudalur village, under the Periyanayakkan Palayam SRO, and is classified as Residential Class I Type - II.

How the guideline value of Adithya Appartments has changed

The guideline value for Adithya Appartments has undergone several revisions over the years. The 2012 revision set the value at Rs 375 per sq.ft, which decreased to Rs 251 per sq.ft in the 2017 revision. However, from 2017 to 2023, the value increased significantly by 49% to Rs 375 per sq.ft, and then rose again to Rs 420 per sq.ft in the 2024 revision, marking a 12% increase.

It is important to note that 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 12%.

Guideline values in Gudalur

In Gudalur, there are 224 streets under the Periyanayakkan Palayam SRO that carry a 2024 guideline value ranging from Rs 320 to Rs 1,110 per sq.ft. The median guideline value for these streets is Rs 370 per sq.ft, placing Adithya Appartments above this median.

• Aishwaryam Garden: Rs 1,110 per sq.ft (2024)
• Akshaya Garden: Rs 500 per sq.ft (2024)
• Ambethkar Nagar: Rs 360 per sq.ft (2024)
• Amman Nagar: Rs 340 per sq.ft (2024)
• Ammichiamman Kovil Veethi: Rs 620 per sq.ft (2024)
• Amsi Nagar: Rs 340 per sq.ft (2024)

Stamp duty and registration fee for property in Adithya Appartments

For a 1,000 sq.ft plot at the current guideline value of Rs 420 per sq.ft, the total guideline value would be Rs 4,20,000. The stamp duty at 7% would amount to Rs 29,400, and the registration fee at 2% would be Rs 8,400, bringing the total to Rs 37,800. 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 more information.

Which Sub Registrar Office covers Adithya Appartments?

The Sub Registrar Office that covers Adithya Appartments is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value is a critical factor in the registration process when buying or selling property in Gudalur. It serves as a benchmark for determining the stamp duty and registration fees payable during the transaction.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that the transaction is documented accurately and in accordance with local regulations. Buyers and sellers should be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Adithya Appartments?

The current guideline value of Adithya Appartments is Rs 420 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 375 per sq.ft in 2012 to Rs 251 per sq.ft in 2017, then to Rs 375 per sq.ft in 2023, and finally to Rs 420 per sq.ft in 2024.

What is the land classification for Adithya Appartments?

Adithya Appartments is classified as Residential Class I Type - II.

What are the stamp duty and registration fees for a property in Adithya Appartments?

For a 1,000 sq.ft plot, the total guideline value is Rs 4,20,000, with a stamp duty of Rs 29,400 and a registration fee of Rs 8,400, totaling Rs 37,800.

Where is the Sub Registrar Office for Adithya Appartments located?

The Sub Registrar Office for Adithya Appartments is located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, Coimbatore registration zone.