Guideline Value for Ajantha Nagar

Ajantha Nagar guideline value

The current guideline value of Ajantha Nagar, located in Thudiyalur village under the Periyanayakkan Palayam SRO, is Rs 1,020 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class I Type - I.

How the guideline value of Ajantha Nagar has changed

The guideline value for Ajantha Nagar has undergone several revisions over the years. In 2012, the value was Rs 550 per sq.ft, which increased to Rs 368 per sq.ft in 2017. However, this represented a decrease of 33%. The value then rose significantly to Rs 1,000 per sq.ft in 2023, marking an increase of 172%. The latest revision in 2024 has set the guideline value at Rs 1,020 per sq.ft, reflecting a 2% increase from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 85%.

Guideline values in Thudiyalur

In Thudiyalur, there are 282 streets under the Periyanayakkan Palayam SRO, with guideline values ranging from Rs 1,001 to Rs 4,000 per sq.ft. The median guideline value for these streets is Rs 1,019 per sq.ft, and Ajantha Nagar's 2024 figure is above this median.

• Adhithya Residency: Rs 1,021 per sq.ft (2024)
• Alankar Thottam: Rs 1,100 per sq.ft (2024)
• Amarjothi Ever Green Garden: Rs 1,100 per sq.ft (2024)
• Abbe Gowder Street: Rs 1,014 per sq.ft (2024)
• Ambethkar Street: Rs 1,014 per sq.ft (2024)
• Ambika Nagar: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in Ajantha Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,020 per sq.ft, the total guideline value amounts to Rs 10,20,000. The stamp duty at 7% would be Rs 71,400, while the registration fee at 2% would be Rs 20,400, bringing the total fees together to Rs 91,800. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Ajantha Nagar?

The Sub Registrar Office that covers Ajantha Nagar is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Thudiyalur. It is used to determine the stamp duty and registration fees that need to be paid at the time of registration. Buyers should be aware that these fees are calculated based on the guideline value or the sale price, whichever is higher.

Additionally, the guideline value is updated periodically, reflecting changes in the real estate market and local development. It is essential for buyers and sellers to stay informed about the current guideline values to ensure compliance with registration requirements.

Frequently asked questions

What is the current guideline value of Ajantha Nagar?

The current guideline value of Ajantha Nagar is Rs 1,020 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 550 per sq.ft in 2012 to Rs 1,020 per sq.ft in 2024, with various revisions along the way.

What is the registration office for Ajantha Nagar?

Ajantha Nagar falls under the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

How is stamp duty calculated for property in Ajantha Nagar?

Stamp duty is calculated at 7% of the guideline value or sale price, whichever is higher, while the registration fee is charged at 2% of the guideline value.

What is the land classification of Ajantha Nagar?

Ajantha Nagar is classified as Residential Class I Type - I, which indicates its designation for residential use.