Guideline Value for Aiswariam Gardens

Aiswariam Gardens guideline value

The current guideline value of Aiswariam Gardens in Kavundampalayam village is Rs 1,015 per sq.ft, effective from 1 July 2024. This area falls under the Vadavalli SRO and is classified as Residential Class I Type - III.

How the guideline value of Aiswariam Gardens has changed

The guideline value for Aiswariam Gardens has seen significant changes over the years. In the 2007 revision, the value was Rs 150 per sq.ft, which increased to Rs 700 per sq.ft in 2012. However, there was a decline to Rs 469 per sq.ft in the 2017 revision. From 2017 to 2023, the value surged to Rs 1,000 per sq.ft, marking an increase of 113%. The most recent revision in 2024 set the value at Rs 1,015 per sq.ft, reflecting a 2% increase from the previous year.

It is important to note that there are no figures available for the revisions in 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 577%.

Guideline values in Kavundampalayam

Kavundampalayam has a total of 565 streets under the Vadavalli SRO, with guideline values ranging from Rs 1,000 to Rs 4,405 per sq.ft as of 2024. The median guideline value for the village is Rs 1,000 per sq.ft, placing Aiswariam Gardens above this median.

• Aiswaryam Garden Extention: Rs 1,015 per sq.ft (2024)
• Advani Nagar: Rs 1,020 per sq.ft (2024)
• Adhithya Avenue EXTENSION: Rs 1,325 per sq.ft (2024)
• Adhithya Avenue: Rs 1,325 per sq.ft (2024)
• Abirami Nagar: Rs 1,325 per sq.ft (2024)
• Abbas Garden Extension: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Aiswariam Gardens

For a 1,000 sq.ft plot at the current rate of Rs 1,015 per sq.ft, the guideline value would be Rs 10,15,000. The stamp duty at 7% would amount to Rs 71,050, and the registration fee at 2% would be Rs 20,300, totaling Rs 91,350. It is important to note that duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Aiswariam Gardens?

The Aiswariam Gardens area is covered by 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 Kavundampalayam

The guideline value is a crucial factor in property transactions in Kavundampalayam. It determines the minimum price at which a property can be registered, ensuring that the transaction is recorded at a fair value.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees, which are mandatory costs associated with property transactions. Buyers should be aware of these values to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Aiswariam Gardens?

The current guideline value of Aiswariam Gardens is Rs 1,015 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, increasing from Rs 150 per sq.ft in 2007 to Rs 1,015 per sq.ft in 2024, which is an overall increase of 577%.

What are the stamp duty and registration fees for a property in Aiswariam Gardens?

For a property valued at Rs 10,15,000, the stamp duty would be Rs 71,050 and the registration fee would be Rs 20,300, totaling Rs 91,350.

Which Sub Registrar Office covers Aiswariam Gardens?

Aiswariam Gardens is covered by the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.

What is the median guideline value in Kavundampalayam?

The median guideline value in Kavundampalayam is Rs 1,000 per sq.ft, with Aiswariam Gardens being above this median at Rs 1,015 per sq.ft.