Guideline Value for Aishwaryam Garden

Aishwaryam Garden guideline value

The current guideline value of Aishwaryam Garden is Rs 1,110 per sq.ft, effective from 1 July 2024. This property is located in Gudalur village under the Periyanayakkan Palayam SRO and is classified as Commercial Class I Type - II.

How the guideline value of Aishwaryam Garden has changed

The guideline value for Aishwaryam Garden has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 1,110 per sq.ft, an increase of 11% from the 2023 figure of Rs 1,000 per sq.ft. Prior to these revisions, the register has no figure for this street from the years 2002, 2003, 2007, 2012, and 2017.

In the 2023 revision, the value was Rs 1,000 per sq.ft. The earlier revisions do not provide any figures for Aishwaryam Garden, indicating that the guideline value has seen significant changes only in the last two years.

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 value for these streets is Rs 370 per sq.ft, placing Aishwaryam Garden's 2024 figure above that median.

• Akshaya Garden: Rs 500 per sq.ft (2024)
• Adithya Appartments: Rs 420 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 Aishwaryam Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,110 per sq.ft, the total guideline value would be Rs 11,10,000. The stamp duty at 7% would amount to Rs 77,700, and the registration fee at 2% would be Rs 22,200, bringing the total cost for these fees to Rs 99,900. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Aishwaryam Garden?

The Aishwaryam Garden area falls under the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, 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 Gudalur

The guideline value is a crucial factor in the registration of property transactions in Gudalur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from property transactions.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees. This ensures that all parties are informed of the costs associated with the transaction based on the established guideline value.

Frequently asked questions

What is the current guideline value of Aishwaryam Garden?

The current guideline value of Aishwaryam Garden is Rs 1,110 per sq.ft, effective from 1 July 2024.

How has the guideline value changed recently?

Recently, the guideline value increased from Rs 1,000 per sq.ft in 2023 to Rs 1,110 per sq.ft in 2024, marking an 11% rise.

What are the other streets in Gudalur with their guideline values?

Other streets in Gudalur include Akshaya Garden at Rs 500 per sq.ft, Adithya Appartments at Rs 420 per sq.ft, and several others, with values ranging from Rs 340 to Rs 620 per sq.ft.

Where is the Sub Registrar Office for Aishwaryam Garden located?

The Sub Registrar Office covering Aishwaryam Garden is located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

How is the guideline value used in property transactions?

The guideline value is used to determine the minimum registration value for properties and to calculate the applicable stamp duty and registration fees during property transactions.