Guideline Value for AishyawariyaGarden

AishyawariyaGarden guideline value

The current guideline value of AishyawariyaGarden is Rs 165 per sq.ft, effective from 1 July 2024. This property is located in Pappampatti village, under the Singanallur SRO, and falls under the Residential Class II Type - II land classification.

How the guideline value of AishyawariyaGarden has changed

The guideline value for AishyawariyaGarden has undergone several revisions over the years. The 2012 revision set the value at Rs 150 per sq.ft, which was a decrease of 33% from the Rs 100 per sq.ft in the 2017 revision. In 2023, the value increased to Rs 150 per sq.ft, and the latest revision in 2024 raised it to Rs 165 per sq.ft, marking a 10% increase from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%. It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

Guideline values in Pappampatti

Pappampatti village has a total of 140 streets under the Singanallur SRO, with guideline values ranging from Rs 140 to Rs 750 per sq.ft. The median guideline value for these streets is Rs 195 per sq.ft, indicating that AishyawariyaGarden's 2024 figure is below this median.

• Agasthisaya Industrial Estate: Rs 165 per sq.ft (2024)
• Alagapuri Nagar: Rs 170 per sq.ft (2024)
• Amman Nagar: Rs 165 per sq.ft (2024)
• Annai Nagar: Rs 165 per sq.ft (2024)
• Annamalai Garden: Rs 195 per sq.ft (2024)
• Arijana colony: Rs 170 per sq.ft (2024)

Stamp duty and registration fee for property in AishyawariyaGarden

For a 1,000 sq.ft plot at the current guideline value of Rs 165 per sq.ft, the total guideline value would be Rs 1,65,000. The stamp duty at 7% would amount to Rs 11,550, and the registration fee at 2% would be Rs 3,300, bringing the total cost for these fees to Rs 14,850. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers AishyawariyaGarden?

The Sub Registrar Office that covers AishyawariyaGarden is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor in the registration process of property transactions in Pappampatti. It serves as a benchmark for determining the stamp duty and registration fees that are applicable when buying or selling property in the area.

When a property is registered, the guideline value is used to calculate the fees, which are based on the higher of the guideline value or the actual sale price. This ensures that the appropriate taxes are collected by the government during the transaction.

Frequently asked questions

What is the current guideline value of AishyawariyaGarden?

The current guideline value of AishyawariyaGarden is Rs 165 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 150 per sq.ft in 2012 to Rs 165 per sq.ft in 2024, with various revisions in between, including a significant increase of 50% from 2017 to 2023.

What is the land classification for AishyawariyaGarden?

AishyawariyaGarden falls under the Residential Class II Type - II land classification, which is designated for residential purposes.

What are the stamp duty rates applicable in AishyawariyaGarden?

The stamp duty rate applicable in AishyawariyaGarden is 7%, while the registration fee is 2% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for AishyawariyaGarden?

The Sub Registrar Office for AishyawariyaGarden is located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone.