Guideline Value for Amirtha lakshmi Garden

Amirtha lakshmi Garden guideline value

The current guideline value for Amirtha lakshmi Garden is Rs 1,022 per sq.ft, effective from 1 July 2024. This property is located in Thudiyalur village under the Periyanayakkan Palayam SRO and is classified as Commercial Class I Type - III.

How the guideline value of Amirtha lakshmi Garden has changed

The guideline value for Amirtha lakshmi Garden 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 2017. Following this, the value increased significantly to Rs 1,000 per sq.ft in 2023, and currently stands at Rs 1,022 per sq.ft as of the 2024 revision. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, there was a decline of 33%, but from 2017 to 2023, the value increased by 87%. Overall, from 2012 to 2024, the guideline value has risen by 28%, reflecting the current figure of Rs 1,022 per sq.ft.

Guideline values in Thudiyalur

In Thudiyalur village, there are 282 streets under the Periyanayakkan Palayam SRO that carry a 2024 guideline value ranging from Rs 1,001 to Rs 4,000 per sq.ft. The median guideline value for these streets is Rs 1,019 per sq.ft, making Amirtha lakshmi Garden's current value above that median.

• Ambika Nagar: Rs 1,100 per sq.ft (2024)
• Ambethkar Street: Rs 1,014 per sq.ft (2024)
• Amarjothi Ever Green Garden: Rs 1,100 per sq.ft (2024)
• Amma Thottam: Rs 1,014 per sq.ft (2024)
• Alankar Thottam: Rs 1,100 per sq.ft (2024)
• Anantham Apartment: Rs 1,020 per sq.ft (2024)

Stamp duty and registration fee for property in Amirtha lakshmi Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,022 per sq.ft, the total guideline value amounts to Rs 10,22,000. The stamp duty, calculated at 7%, would be Rs 71,540, and the registration fee at 2% would be Rs 20,440, bringing the total charges to Rs 91,980. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Amirtha lakshmi Garden?

The Sub Registrar Office that covers Amirtha lakshmi Garden is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020. You can find your SRO for more information.

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

The guideline value is an important factor when registering a property in Thudiyalur. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property transactions.

When buying or selling property, the guideline value helps determine the minimum value at which the property can be registered. This ensures transparency in transactions and helps prevent undervaluation of properties in the region.

Frequently asked questions

What is the current guideline value of Amirtha lakshmi Garden?

The current guideline value for Amirtha lakshmi Garden is Rs 1,022 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 to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,022 per sq.ft in 2024.

What is the land classification of Amirtha lakshmi Garden?

Amirtha lakshmi Garden is classified as Commercial Class I Type - III under the current guidelines.

Where is the Sub Registrar Office for Amirtha lakshmi Garden located?

The Sub Registrar Office for Amirtha lakshmi Garden is located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

What is the median guideline value in Thudiyalur?

The median guideline value for streets in Thudiyalur is Rs 1,019 per sq.ft, with Amirtha lakshmi Garden's current value being above this median.