Guideline Value for Adithya Garden

Adithya Garden guideline value

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

How the guideline value of Adithya Garden has changed

Over the years, the guideline value for Adithya Garden has seen several revisions. The most recent revision in 2024 set the value at Rs 1,100 per sq.ft, an increase from Rs 1,000 per sq.ft in 2023, marking a change of +10%. Prior to that, the 2017 revision recorded a guideline value of Rs 670 per sq.ft, which had risen by +49% to reach Rs 1,000 per sq.ft in 2023. The register has no figures for the years 2002, 2003, and 2007.

In 2012, the guideline value was Rs 1,000 per sq.ft, which then decreased by -33% to Rs 670 per sq.ft in 2017. Overall, from 2012 to 2024, the guideline value has increased by +10% from Rs 1,000 to Rs 1,100 per sq.ft.

Guideline values in Vadavalli

In Vadavalli, there are 461 streets under the Vadavalli SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 2,200 per sq.ft. The median guideline value for these streets is Rs 1,100 per sq.ft, which is equal to the current value of Adithya Garden.

• Adithya Avenue: 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 Garden

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, bringing the total cost to Rs 99,000. 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 details.

Which Sub Registrar Office covers Adithya Garden?

The Sub Registrar Office covering Adithya Garden is the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Vadavalli. It is used to determine the stamp duty and registration fees that must be paid, ensuring that the government receives the appropriate revenue from property sales.

When buying or selling property, the guideline value is considered to establish the minimum value of the property for taxation purposes. This means that buyers and sellers must be aware of the guideline value to ensure compliance with local regulations during the transaction process.

Frequently asked questions

What is the current guideline value of Adithya Garden?

The current guideline value of Adithya Garden 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 1,000 per sq.ft in 2023 to Rs 1,100 per sq.ft in 2024, and from Rs 670 per sq.ft in 2017 to Rs 1,000 per sq.ft in 2023. There are no figures for the years 2002, 2003, and 2007.

What is the land classification of Adithya Garden?

Adithya Garden is classified as Residential Class I Type - I, which indicates its suitability for residential development.

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

The stamp duty is charged at 7% and the registration fee at 2% of the guideline value. For a property valued at Rs 11,00,000, the total fees would amount to Rs 99,000.

Where is the Sub Registrar Office for Adithya Garden located?

The Sub Registrar Office for Adithya Garden is located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046. This office handles all property registrations in the area.