Guideline Value for Amirthanandamayee Nagar

₹500/sq.ft.

The guideline value for Amirthanandamayee Nagar in Perianaickenpalayam village (Periyanayakkan Palayam SRO, Coimbatore zone) is Rs 500 per sq.ft, effective 1 July 2024. It was Rs 450 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Perianaickenpalayam

Village

Periyanayakkan Palayam

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹500 /sq.ft.
From 1-4-2023 ₹450 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹301 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹450 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.171,kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020
0422-2469010
[email protected]

DRO (District Registrar Office)

District Registara Office, Syriyan Church Road, Corporation Marriage Hall, Coimbatore -641001
0422-2300722
[email protected],[email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Amirthanandamayee Nagar

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Amirthanandamayee Nagar guideline value

The current guideline value of Amirthanandamayee Nagar is Rs 500 per sq.ft, effective from 1 July 2024. This street is located in Perianaickenpalayam village, under the Periyanayakkan Palayam SRO, and is classified as Residential Class I Type - I.

How the guideline value of Amirthanandamayee Nagar has changed

The guideline value for Amirthanandamayee Nagar has undergone several revisions over the years. The 2012 revision set the value at Rs 450 per sq.ft, which then decreased to Rs 301 per sq.ft in 2017. Following this, the value increased to Rs 450 per sq.ft in 2023, and finally, the 2024 revision established the current rate at Rs 500 per sq.ft. There are no figures available for the revisions in 2002, 2003, and 2007.

From 2012 to 2017, the guideline value decreased by 33%, but it increased by 50% from 2017 to 2023. The jump from 2023 to 2024 reflects an increase of 11%. Overall, from 2012 to 2024, the guideline value has seen an increase of 11%.

Guideline values in Perianaickenpalayam

In Perianaickenpalayam, there are 142 streets under the Periyanayakkan Palayam SRO that carry a 2024 guideline value, ranging from Rs 220 to Rs 1,670 per sq.ft. The median value for these streets is Rs 440 per sq.ft, placing Amirthanandamayee Nagar's 2024 figure above that median.

Stamp duty and registration fee for property in Amirthanandamayee Nagar

For a 1,000 sq.ft plot at the current rate of Rs 500 per sq.ft, the guideline value amounts to Rs 5,00,000. The stamp duty at 7% would be Rs 35,000, and the registration fee at 2% would be Rs 10,000, making the total Rs 45,000. It is important to 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 Amirthanandamayee Nagar?

The Sub Registrar Office that covers Amirthanandamayee Nagar 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 Perianaickenpalayam

The guideline value is a crucial factor in the registration process when buying or selling property in Perianaickenpalayam. It serves as a benchmark for determining the applicable stamp duty and registration fees, ensuring that the transaction is recorded at a fair value.

When a property is sold, the guideline value helps in assessing the official value of the property, which is essential for legal and financial documentation. Buyers and sellers should be aware of the current guideline value to ensure compliance with local regulations during property transactions.

Frequently asked questions

What is the current guideline value of Amirthanandamayee Nagar?

The current guideline value of Amirthanandamayee Nagar is Rs 500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 450 per sq.ft in 2012 to Rs 301 per sq.ft in 2017, then to Rs 450 per sq.ft in 2023, and currently stands at Rs 500 per sq.ft in 2024.

What are the other streets in Perianaickenpalayam and their guideline values?

Other streets in Perianaickenpalayam include Amma Avenue at Rs 340 per sq.ft, Ammasai Gounder Veethi at Rs 340 per sq.ft, Angalamman Kovil Veethi at Rs 220 per sq.ft, Achari Veethi at Rs 280 per sq.ft, Anna Nagar at Rs 620 per sq.ft, and Ashoka Kadai Veethi at Rs 1,110 per sq.ft for 2024.

What is the registration office for Amirthanandamayee Nagar?

The registration office for Amirthanandamayee Nagar is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

How is the stamp duty calculated for properties in Amirthanandamayee Nagar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value of Rs 500 per sq.ft, the total stamp duty would be Rs 35,000, along with a registration fee of Rs 10,000.