Guideline Value for Amasai Gounder Street

Amasai Gounder Street guideline value

The current guideline value of Amasai Gounder Street is Rs 1,003 per sq.ft, effective from 1 July 2024. This street is located in Kuniyamuthur village and falls under the Coimbatore South Joint 1 SRO. The land classification for this area is Residential Class II Type - II.

How the guideline value of Amasai Gounder Street has changed

According to the register, there are no figures available for Amasai Gounder Street for the years 2002, 2003, 2007, 2012, and 2017. The guideline value for this street was Rs 1,000 per sq.ft in the 2023 revision, which was updated to Rs 1,003 per sq.ft in the 2024 revision, reflecting a change of +0%.

The 2024 revision marks the latest update in the guideline value for Amasai Gounder Street, aligning it with the median value of Rs 1,003 per sq.ft for the 410 streets in Kuniyamuthur under the Coimbatore South Joint 1 SRO.

Guideline values in Kuniyamuthur

In Kuniyamuthur, the guideline values range from Rs 1,000 to Rs 1,550 per sq.ft, with a median value of Rs 1,003 per sq.ft. Amasai Gounder Street's 2024 guideline value is equal to this median, indicating its position within the overall valuation of the area.

• Amman Colony: Rs 1,001 per sq.ft (2024)
• Alamel Avenue: Rs 1,003 per sq.ft (2024)
• Alakaatchi Thottam: Rs 1,003 per sq.ft (2024)
• Akshaya Garden: Rs 1,001 per sq.ft (2024)
• Ammasai Konar Street: Rs 1,003 per sq.ft (2024)
• A.K.J.Colony: Rs 1,003 per sq.ft (2024)

Stamp duty and registration fee for property in Amasai Gounder Street

For a 1,000 sq.ft plot at the current rate of Rs 1,003 per sq.ft, the guideline value would be Rs 10,03,000. The stamp duty at 7% would amount to Rs 70,210, and the registration fee at 2% would be Rs 20,060, bringing the total to Rs 90,270. It is important to note that duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator to estimate your costs accurately.

Which Sub Registrar Office covers Amasai Gounder Street?

Amasai Gounder Street is covered by the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor during the registration of property transactions in Kuniyamuthur. It serves as a benchmark for determining the stamp duty and registration fees that buyers and sellers must pay when completing a sale.

When buying or selling property, it is essential to consider the guideline value as it may influence both the transaction price and the associated costs. Buyers should ensure they are aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Amasai Gounder Street?

The current guideline value of Amasai Gounder Street 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 Amasai Gounder Street was Rs 1,000 per sq.ft in 2023 and increased to Rs 1,003 per sq.ft in 2024. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification of Amasai Gounder Street?

Amasai Gounder Street is classified as Residential Class II Type - II. This classification is relevant for understanding the purpose and potential use of the land.

Where can I find the registration office for Amasai Gounder Street?

The registration office for Amasai Gounder Street is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001.

How is stamp duty calculated for property transactions?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 1,003 per sq.ft would incur a stamp duty of Rs 70,210.