Guideline Value for Akshaya Garden

Akshaya Garden guideline value

The current guideline value of Akshaya Garden in Kuniyamuthur village is Rs 1,001 per sq.ft, effective from 1 July 2024. This property falls under the Coimbatore South Joint 1 SRO and is classified as Residential Class I Type - III.

How the guideline value of Akshaya Garden has changed

The guideline value for Akshaya Garden has undergone several revisions over the years. The register does not contain figures for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision set the value at Rs 1,000 per sq.ft, which was then increased to Rs 1,001 per sq.ft in the 2024 revision, reflecting a change of +0% between these two years.

In summary, the most recent revision in 2024 shows a guideline value of Rs 1,001 per sq.ft, while the previous year had it at Rs 1,000 per sq.ft. The consistent values indicate stability in the guideline pricing for this location.

Guideline values in Kuniyamuthur

In Kuniyamuthur, there are 410 streets under the Coimbatore South Joint 1 SRO that have a 2024 guideline value ranging from Rs 1,000 to Rs 1,550 per sq.ft, with a median of Rs 1,003 per sq.ft. The guideline value for Akshaya Garden is below this median.

• A.K.J.Colony: Rs 1,003 per sq.ft (2024)
• Alakaatchi Thottam: Rs 1,003 per sq.ft (2024)
• Alamel Avenue: Rs 1,003 per sq.ft (2024)
• Aditya Garden: Rs 1,001 per sq.ft (2024)
• Amasai Gounder Street: Rs 1,003 per sq.ft (2024)
• Abirami Nagar: Rs 1,200 per sq.ft (2024)

Stamp duty and registration fee for property in Akshaya Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,001 per sq.ft, the total guideline value would be Rs 10,01,000. The stamp duty at 7% would amount to Rs 70,070, and the registration fee at 2% would be Rs 20,020, resulting in a total cost of Rs 90,090. 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 Akshaya Garden?

The Akshaya Garden area is covered by the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. You can find your SRO for further assistance.

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

The guideline value is a crucial factor when registering property transactions in Kuniyamuthur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction reflects a fair value for taxation purposes.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees, which are mandatory for legal documentation. Buyers should be aware that these costs are based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Akshaya Garden?

The current guideline value of Akshaya Garden is Rs 1,001 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen revisions, with the 2023 value at Rs 1,000 per sq.ft and the 2024 value at Rs 1,001 per sq.ft, indicating a change of +0%.

What is the land classification for Akshaya Garden?

Akshaya Garden is classified as Residential Class I Type - III under the Coimbatore South Joint 1 SRO.

What are the stamp duty and registration fees for Akshaya Garden?

For a 1,000 sq.ft plot at the guideline value of Rs 10,01,000, the stamp duty would be Rs 70,070 and the registration fee would be Rs 20,020, totaling Rs 90,090.

Where is the Sub Registrar Office for Akshaya Garden located?

The Sub Registrar Office covering Akshaya Garden is located at No.410a, Raja Street, Coimbatore-641001.