Guideline Value for Adthi Dravidar Natham

Adthi Dravidar Natham guideline value

The current guideline value of Adthi Dravidar Natham is Rs 1,005 per sq.ft, effective from 1 July 2024. This village falls under the Singanallur SRO and is classified as Residential Class IV Type - I.

How the guideline value of Adthi Dravidar Natham has changed

The guideline value for Adthi Dravidar Natham has seen several revisions over the years. The 2012 revision set the value at Rs 500 per sq.ft, which increased to Rs 335 per sq.ft in 2017. The 2023 revision raised the value to Rs 1,000 per sq.ft, and the latest 2024 revision has further increased it to Rs 1,005 per sq.ft. The register has no figures for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, there was a decrease of 33%, followed by a significant increase of 199% from 2017 to 2023. The change from 2023 to 2024 is a modest increase of 1%. Overall, from 2012 to 2024, the guideline value has increased by 101%.

Guideline values in Uppilipalayam

In Uppilipalayam, there are 361 streets under the Singanallur SRO with a 2024 guideline value ranging from Rs 1,001 to Rs 6,160 per sq.ft. The median value is Rs 1,232 per sq.ft, making the guideline value of Adthi Dravidar Natham below this median.

• Aerodrome nagar: Rs 1,120 per sq.ft (2024)
• Aerodrome Road (SIHS Colony): Rs 1,001 per sq.ft (2024)
• Aerodrom Rd Bharthi nagar: Rs 1,120 per sq.ft (2024)
• Agathiar nagar / Street: Rs 1,680 per sq.ft (2024)
• Agraharam South: Rs 1,680 per sq.ft (2024)
• Ahuja Haven: Rs 2,016 per sq.ft (2024)

Stamp duty and registration fee for property in Adthi Dravidar Natham

For a 1,000 sq.ft plot at the current rate of Rs 1,005 per sq.ft, the guideline value amounts to Rs 10,05,000. The stamp duty at 7% would be Rs 70,350, and the registration fee at 2% would be Rs 20,100, totaling Rs 90,450. 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 more details.

Which Sub Registrar Office covers Adthi Dravidar Natham?

The Sub Registrar Office that covers Adthi Dravidar Natham is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Uppilipalayam. It determines the minimum value on which stamp duty and registration fees are calculated, ensuring that the government receives the appropriate revenue from property transactions.

When buying or selling property, the guideline value helps establish a baseline for the transaction price. If the sale price exceeds the guideline value, the higher amount is used for calculating the applicable duties and fees.

Frequently asked questions

What is the current guideline value of Adthi Dravidar Natham?

The current guideline value of Adthi Dravidar Natham is Rs 1,005 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2012 to Rs 1,005 per sq.ft in 2024, with significant changes occurring in the years 2017 and 2023.

What is the median guideline value in Uppilipalayam?

The median guideline value in Uppilipalayam is Rs 1,232 per sq.ft, which is higher than the current value for Adthi Dravidar Natham.

What are the stamp duty rates for property in Adthi Dravidar Natham?

The stamp duty rate for property transactions is 7%, and the registration fee is 2% of the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office for Adthi Dravidar Natham located?

The Singanallur Sub Registrar Office is located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, covering Adthi Dravidar Natham.