Guideline Value for Ambal Nagar

Ambal Nagar guideline value

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

How the guideline value of Ambal Nagar has changed

The guideline value for Ambal Nagar has seen several revisions over the years. The 2012 revision set the value at Rs 800 per sq.ft, which then decreased to Rs 536 per sq.ft in the 2017 revision. Following that, the value rose to Rs 1,000 per sq.ft in both the 2023 and 2024 revisions, marking an overall increase of 25% from the 2012 figure. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

From 2017 to 2023, the guideline value increased by 87%, while there was a decrease of 33% from 2012 to 2017. The latest revision in 2024 shows no change from the previous year, maintaining the value at Rs 1,000 per sq.ft.

Guideline values in Vadavalli

In Vadavalli, there are 461 streets under the Vadavalli SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 2,200 per sq.ft, with a median value of Rs 1,100 per sq.ft. Ambal Nagar's 2024 figure is below this median.

• Ambika Nagar: Rs 1,000 per sq.ft (2024)
• Amitra's Adarsh: Rs 1,004 per sq.ft (2024)
• Aliv Garden: Rs 1,000 per sq.ft (2024)
• Amman Kovil Street: Rs 1,100 per sq.ft (2024)
• Alamu Nagar: Rs 1,000 per sq.ft (2024)
• Alamara Thottam Navavoor Pirivu: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Ambal Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value would be Rs 10,00,000. The stamp duty at 7% would amount to Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total cost to Rs 90,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more information, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ambal Nagar?

The Sub Registrar Office that covers Ambal Nagar is the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046. You can find your SRO for more details.

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

The guideline value is a crucial reference point for property transactions in Vadavalli. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling property. The guideline value is set by the Registration Department and is subject to periodic revisions.

When a property is sold, the buyer and seller must consider the guideline value to ensure compliance with legal requirements. The registration process will involve calculating the fees based on the guideline value or the sale price, whichever is higher, ensuring that the transaction is recorded accurately.

Frequently asked questions

What is the current guideline value of Ambal Nagar?

The current guideline value of Ambal Nagar 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 800 per sq.ft in 2012 to Rs 536 per sq.ft in 2017, then increased to Rs 1,000 per sq.ft in both 2023 and 2024.

What are the other streets in Vadavalli with similar guideline values?

Other streets in Vadavalli with similar guideline values include Ambika Nagar and Aliv Garden, both at Rs 1,000 per sq.ft in 2024.

What is the stamp duty rate for properties in Ambal Nagar?

The stamp duty rate for properties in Ambal Nagar is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Ambal Nagar?

The Sub Registrar Office for Ambal Nagar is the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.