Guideline Value for AmmaiyaKadu

AmmaiyaKadu guideline value

The current guideline value of AmmaiyaKadu, located in Nallampatti village under the Thingalur SRO, is Rs 200 per sq.ft as per the 2024 revision, effective from 1 July 2024. The land classification for this area is Residential Class I Type - I.

How the guideline value of AmmaiyaKadu has changed

Over the years, the guideline value of AmmaiyaKadu has seen significant changes. The earliest recorded figure in the register is from 2003, where the guideline value was Rs 7 per sq.ft. This increased to Rs 80 per sq.ft in 2012, marking a substantial rise of 1043%. However, from 2012 to 2017, the value decreased by 33% to Rs 54 per sq.ft. The 2017 revision saw a considerable increase of 270%, bringing the value to Rs 200 per sq.ft in 2023, which remained unchanged in the 2024 revision.

The overall change from 2003 to 2024 is a remarkable increase of 2757%. It is important to note that there are no figures available for the years 2002 and 2007 in the register for this street.

Guideline values in Nallampatti

Nallampatti village has 58 streets under the Thingalur SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 250 per sq.ft, with a median value of Rs 200 per sq.ft. The guideline value for AmmaiyaKadu is equal to this median.

• AndiKadu (288/2): Rs 200 per sq.ft (2024)
• Aththikattur Kamarasar Veethi: Rs 200 per sq.ft (2024)
• Ayyampalayam Thottam: Rs 200 per sq.ft (2024)
• Dhasampudur Koththurar Veethi: Rs 200 per sq.ft (2024)
• Dhasampudur Tharaiyar Veethi: Rs 200 per sq.ft (2024)
• East Paraiyankadu: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in AmmaiyaKadu

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total cost of duty and fees to Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers AmmaiyaKadu?

The Sub Registrar Office that covers AmmaiyaKadu is the Thingalur Sub Registrar Office, located at 7/86, Kasukaranpalayam, Thingalur, Perundurai Tk, Erode Dt-638055, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Nallampatti. When buying or selling property, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that these costs are based on the official valuation of the property.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the financial obligations during the registration of property. Accurate knowledge of these values helps in making informed decisions during real estate transactions.

Frequently asked questions

What is the current guideline value of AmmaiyaKadu?

The current guideline value of AmmaiyaKadu is Rs 200 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 7 per sq.ft in 2003 to Rs 200 per sq.ft in 2024, reflecting an overall increase of 2757% over this period.

What are the other streets with the same guideline value in Nallampatti?

Other streets in Nallampatti with the same guideline value of Rs 200 per sq.ft include AndiKadu, Aththikattur Kamarasar Veethi, Ayyampalayam Thottam, Dhasampudur Koththurar Veethi, Dhasampudur Tharaiyar Veethi, and East Paraiyankadu.

What is the stamp duty rate in AmmaiyaKadu?

The stamp duty rate in AmmaiyaKadu is 7%, which is calculated based on the higher of the guideline value or the sale price of the property.

Where can I find the Sub Registrar Office for AmmaiyaKadu?

The Sub Registrar Office covering AmmaiyaKadu is located at 7/86, Kasukaranpalayam, Thingalur, Perundurai Tk, Erode Dt-638055, Coimbatore registration zone.