Guideline Value for Adithya Avenue

Adithya Avenue guideline value

The current guideline value of Adithya Avenue is Rs 1,100 per sq.ft, effective from 1 July 2024. This property is located in Vadavalli village, under the Vadavalli SRO, and is classified as Residential Class I Type - I.

How the guideline value of Adithya Avenue has changed

Since its first recorded revision in 2007, the guideline value for Adithya Avenue has undergone significant changes. The 2007 revision set the value at Rs 200 per sq.ft, which then increased dramatically to Rs 1,000 per sq.ft in 2012, marking a 400% rise. However, the value decreased to Rs 670 per sq.ft in 2017, reflecting a 33% decline. Following this, the guideline value rose to Rs 1,000 per sq.ft in 2023, and then to the current Rs 1,100 per sq.ft in 2024, a 10% increase from the previous year.

As for the revisions with no figure for Adithya Avenue, the register does not contain any data for the years 2002 and 2003. Overall, from 2007 to 2024, the guideline value has increased by 450%.

Guideline values in Vadavalli

In Vadavalli village, there are 461 streets under the Vadavalli SRO, with guideline values ranging from Rs 1,000 to Rs 2,200 per sq.ft. The median guideline value is Rs 1,100 per sq.ft, which is the same as the current value for Adithya Avenue.

• Adithya Garden: Rs 1,100 per sq.ft (2024)
• Adithya Garden Extension: Rs 1,100 per sq.ft (2024)
• Adidravidar Colony: Rs 1,006 per sq.ft (2024)
• AD Colony (Ward No. 14): Rs 1,006 per sq.ft (2024)
• A.D. Colony (WARD 1): Rs 1,006 per sq.ft (2024)
• Aiswarya Nagar: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in Adithya Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, making the total cost Rs 99,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for further assistance.

Which Sub Registrar Office covers Adithya Avenue?

The Sub Registrar Office that covers Adithya Avenue is the Vadavalli Sub Registrar Office. The address is Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046, 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 Vadavalli

The guideline value is a crucial factor in the registration process for property transactions in Vadavalli. It serves as the basis for calculating the stamp duty and registration fees that need to be paid at the time of registration.

When you buy or sell property, the guideline value ensures that the transaction is recorded accurately and that the appropriate fees are collected by the government. This value helps maintain transparency in property dealings and ensures compliance with legal requirements.

Frequently asked questions

What is the current guideline value of Adithya Avenue?

The current guideline value of Adithya Avenue is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 200 per sq.ft in 2007 to Rs 1,100 per sq.ft in 2024, representing a total increase of 450% over the years.

What are the other streets in Vadavalli with similar guideline values?

Other streets in Vadavalli with similar guideline values include Adithya Garden and Adithya Garden Extension, both at Rs 1,100 per sq.ft in 2024.

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

For a property valued at Rs 11,00,000, the stamp duty would be Rs 77,000 and the registration fee would be Rs 22,000, totaling Rs 99,000.

Which office handles property registrations in Adithya Avenue?

The Vadavalli Sub Registrar Office handles property registrations for Adithya Avenue, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.