Guideline Value for Amma Thottam

Amma Thottam guideline value

The current guideline value of Amma Thottam is Rs 1,014 per sq.ft, effective from 1 July 2024. This area is located in Thudiyalur village, under the Periyanayakkan Palayam SRO, and is classified as Residential Class II Type - II.

How the guideline value of Amma Thottam has changed

The guideline value for Amma Thottam has seen significant changes over the years. In 2012, the value was Rs 350 per sq.ft, which decreased to Rs 234 per sq.ft in 2017. Following this, the value increased dramatically to Rs 1,000 per sq.ft in 2023. The most recent revision in 2024 has set the guideline value at Rs 1,014 per sq.ft. The register has no figures for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value surged by 327%. Overall, from 2012 to 2024, the guideline value has increased by 190%.

Guideline values in Thudiyalur

In Thudiyalur, there are 282 streets under the Periyanayakkan Palayam SRO with 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 Amma Thottam's 2024 figure below that median.

• Anantham Apartment: Rs 1,020 per sq.ft (2024)
• Amirtha lakshmi Garden: Rs 1,022 per sq.ft (2024)
• 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)
• Anna Colony: Rs 1,014 per sq.ft (2024)

Stamp duty and registration fee for property in Amma Thottam

For a 1,000 sq.ft plot at the current guideline value of Rs 1,014 per sq.ft, the total guideline value amounts to Rs 10,14,000. The stamp duty at 7% would be Rs 70,980, and the registration fee at 2% would be Rs 20,280, bringing the total cost for these fees to Rs 91,260. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Amma Thottam?

The Sub Registrar Office that covers Amma Thottam 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 details.

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

The guideline value is a crucial factor during the registration of property transactions in Thudiyalur. It helps determine the applicable stamp duty and registration fees, which are calculated based on this value.

When buying or selling property, the guideline value serves as a benchmark for the transaction. It ensures that the government receives the correct amount of revenue from property transactions, reflecting the official value of the property in the area.

Frequently asked questions

What is the current guideline value of Amma Thottam?

The current guideline value of Amma Thottam is Rs 1,014 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, from Rs 350 per sq.ft in 2012 to Rs 1,014 per sq.ft in 2024, with notable increases in between.

What are the stamp duty and registration fees for property in Amma Thottam?

For a 1,000 sq.ft plot, the total guideline value is Rs 10,14,000, leading to a stamp duty of Rs 70,980 and a registration fee of Rs 20,280, totaling Rs 91,260.

Which office handles registrations for Amma Thottam?

The Periyanayakkan Palayam Sub Registrar Office handles registrations for Amma Thottam, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

What is the land classification of Amma Thottam?

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