Guideline Value for Ambekhar street

Ambekhar street guideline value

The current guideline value of Ambekhar street is Rs 1,002 per sq.ft, effective from 1 July 2024. This street is located in Uppilipalayam village under the Singanallur SRO, classified as Residential Class II Type - II.

How the guideline value of Ambekhar street has changed

The guideline value for Ambekhar street has seen several revisions over the years. The 2012 revision set the value at Rs 800 per sq.ft, which later decreased to Rs 536 per sq.ft in the 2017 revision. Following this, the value increased to Rs 1,000 per sq.ft in the 2023 revision, and currently stands at Rs 1,002 per sq.ft from the 2024 revision. The register has no figures for the years 2002, 2003, and 2007.

From 2012 to 2017, the value decreased by 33%, but from 2017 to 2023, it increased significantly by 87%. Overall, from 2012 to 2024, the guideline value has increased by 25%.

Guideline values in Uppilipalayam

In Uppilipalayam, there are 361 streets under the Singanallur SRO that carry a 2024 guideline value ranging from Rs 1,001 to Rs 6,160 per sq.ft, with a median value of Rs 1,232 per sq.ft. Ambekhar street's 2024 guideline value is below this median.

• Alamelu Nagar: Rs 1,120 per sq.ft (2024)
• Anaingkadu Street: Rs 1,680 per sq.ft (2024)
• A.K.G.Nagar: Rs 1,680 per sq.ft (2024)
• Akash Homes (Kallimadai): Rs 1,680 per sq.ft (2024)
• Ahuja Haven: Rs 2,016 per sq.ft (2024)
• Agraharam South: Rs 1,680 per sq.ft (2024)

Stamp duty and registration fee for property in Ambekhar street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,002 per sq.ft, the total guideline value amounts to Rs 10,02,000. The stamp duty at 7% would be Rs 70,140, and the registration fee at 2% would be Rs 20,040, bringing the total to Rs 90,180. 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 for more detailed calculations.

Which Sub Registrar Office covers Ambekhar street?

Ambekhar street falls under the jurisdiction of the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Uppilipalayam. It determines the minimum price at which a property can be registered and is used to calculate stamp duty and registration fees.

When buying or selling property, the guideline value serves as a reference point for both buyers and sellers, ensuring that the transaction is documented accurately in accordance with local regulations.

Frequently asked questions

What is the current guideline value of Ambekhar street?

The current guideline value of Ambekhar street is Rs 1,002 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 1,002 per sq.ft in 2024, with fluctuations over the years including a drop to Rs 536 per sq.ft in 2017.

What is the land classification of Ambekhar street?

Ambekhar street is classified as Residential Class II Type - II, indicating its suitability for residential development.

What are the stamp duty and registration fees for property in Ambekhar street?

For a property valued at Rs 10,02,000, the stamp duty would be Rs 70,140 and the registration fee would be Rs 20,040, totaling Rs 90,180.

Which office handles registrations for Ambekhar street?

The Singanallur Sub Registrar Office handles registrations for Ambekhar street, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.