Guideline Value for Ajay Mokarje Veedhi

Ajay Mokarje Veedhi guideline value

The current guideline value of Ajay Mokarje Veedhi is Rs 1,003 per sq.ft, effective from 1 July 2024. This street is located in Telgupalayam village, under the Coimbatore South Joint 1 SRO, and is classified as Residential Class III Type - I.

How the guideline value of Ajay Mokarje Veedhi has changed

The guideline value for Ajay Mokarje Veedhi has undergone several revisions over the years. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was set at Rs 1,000 per sq.ft, which was then revised to Rs 1,003 per sq.ft in 2024, reflecting a change of +0% from the previous year.

In summary, the most recent guideline values show a slight increase from Rs 1,000 in 2023 to Rs 1,003 in 2024. The current figure is above the median guideline value of Rs 1,002 per sq.ft for other streets in Telgupalayam.

Guideline values in Telgupalayam

In Telgupalayam, there are 223 streets under the Coimbatore South Joint 1 SRO, with guideline values ranging from Rs 1,000 to Rs 4,000 per sq.ft. The median guideline value is Rs 1,002 per sq.ft, and Ajay Mokarje Veedhi's 2024 figure is above this median. Below are some other streets in Telgupalayam:

• Adhi Dravidar Theru: Rs 1,003 per sq.ft (2024)
• Ambethkar Street: Rs 2,000 per sq.ft (2024)
• Aasiriar Colony: Rs 1,350 per sq.ft (2024)
• Amman Kovil Street: Rs 1,800 per sq.ft (2024)
• Ananda Housing Colony: Rs 1,350 per sq.ft (2024)
• Angannan Sandhu: Rs 1,003 per sq.ft (2024)

Stamp duty and registration fee for property in Ajay Mokarje Veedhi

For a 1,000 sq.ft plot at the current guideline value of Rs 1,003 per sq.ft, the total guideline value would be Rs 10,03,000. The stamp duty at 7% would be Rs 70,210, and the registration fee at 2% would be Rs 20,060, bringing the total to Rs 90,270. Duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ajay Mokarje Veedhi?

The Sub Registrar Office that covers Ajay Mokarje Veedhi is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001, 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 Telgupalayam

The guideline value is an essential factor when registering property in Telgupalayam. It determines the minimum value at which a property can be sold or transferred, ensuring that the transaction is recorded accurately for taxation purposes.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory costs associated with the transaction. Buyers should be aware of the current guideline value to estimate these costs effectively.

Frequently asked questions

What is the current guideline value of Ajay Mokarje Veedhi?

The current guideline value of Ajay Mokarje Veedhi is Rs 1,003 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Ajay Mokarje Veedhi has seen revisions in 2023 and 2024. In 2023, it was Rs 1,000 per sq.ft, which increased to Rs 1,003 per sq.ft in 2024.

What is the median guideline value in Telgupalayam?

The median guideline value for the streets in Telgupalayam is Rs 1,002 per sq.ft. Ajay Mokarje Veedhi's 2024 guideline value is above this median.

What are the stamp duty and registration fees for property in Ajay Mokarje Veedhi?

For a 1,000 sq.ft plot at the current guideline value, the total guideline value is Rs 10,03,000. The stamp duty would be Rs 70,210, and the registration fee would be Rs 20,060, totaling Rs 90,270.

Which office handles property registration for Ajay Mokarje Veedhi?

The Coimbatore South Joint 1 Sub Registrar Office handles property registration for Ajay Mokarje Veedhi. It is located at No.410a, Raja Street, Coimbatore-641001.