Guideline Value for Aliv Garden

Aliv Garden guideline value

The current guideline value of Aliv Garden, located in Vadavalli village, is Rs 1,000 per sq.ft, effective from 1 July 2024. This area falls under the Vadavalli SRO and is classified as Residential Class I Type - II.

How the guideline value of Aliv Garden has changed

The guideline value for Aliv Garden has undergone several revisions over the years. In 2007, the guideline value was Rs 125 per sq.ft, which increased to Rs 800 per sq.ft in 2012. However, there was a decrease to Rs 536 per sq.ft in 2017. From 2017 to 2023, the value rose significantly to Rs 1,000 per sq.ft, and it remained unchanged through the 2024 revision.

There are no figures available for the years 2002 and 2003 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 700%.

Guideline values in Vadavalli

In Vadavalli, there are 461 streets under the Vadavalli SRO, with guideline values ranging from Rs 1,000 to Rs 2,200 per sq.ft. The median value for these streets is Rs 1,100 per sq.ft, placing Aliv Garden's 2024 figure below this median.

• Alamu Nagar: Rs 1,000 per sq.ft (2024)
• Alamara Thottam Navavoor Pirivu: Rs 1,000 per sq.ft (2024)
• Alagu Murugan Nagar: Rs 1,870 per sq.ft (2024)
• Ambal Nagar: Rs 1,000 per sq.ft (2024)
• Aksay Garden: Rs 1,870 per sq.ft (2024)
• Ambika Nagar: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Aliv Garden

For a 1,000 sq.ft plot at the current rate of Rs 1,000 per sq.ft, the guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, totaling Rs 90,000. Please note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Aliv Garden?

The Sub Registrar Office that covers Aliv Garden is the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046. You can find your SRO for further assistance.

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

The guideline value is a crucial factor when registering property transactions in Vadavalli. It serves as a benchmark for calculating the stamp duty and registration fees applicable during the sale or purchase of property.

When buyers or sellers engage in a transaction, the guideline value is considered to ensure that the property is registered at a value that reflects the current market conditions. This helps in maintaining transparency and standardization in property dealings.

Frequently asked questions

What is the current guideline value of Aliv Garden?

The current guideline value of Aliv Garden is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 125 per sq.ft in 2007 to Rs 1,000 per sq.ft in 2024, reflecting an overall increase of 700%.

What is the median guideline value in Vadavalli?

The median guideline value in Vadavalli is Rs 1,100 per sq.ft, with Aliv Garden's 2024 figure being below this median.

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

For a 1,000 sq.ft plot in Aliv Garden, the total stamp duty and registration fees would amount to Rs 90,000, based on the current guideline value.

Which office handles property registrations in Aliv Garden?

The Vadavalli Sub Registrar Office handles property registrations for Aliv Garden, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.