Guideline Value for Amman Koil Street (374)

Amman Koil Street (374) guideline value

The current guideline value of Amman Koil Street (374) is Rs 275 per sq.ft, effective from 1 July 2024. This street is located in Aapakudal village and falls under the Kavundapadi SRO, classified as Residential Class I Type - II.

How the guideline value of Amman Koil Street (374) has changed

The guideline value for Amman Koil Street (374) has seen several revisions over the years. In the 2007 revision, the value was set at Rs 30 per sq.ft, which increased significantly to Rs 250 per sq.ft in 2012. However, in the 2017 revision, the value decreased to Rs 167 per sq.ft. The 2023 revision maintained the value at Rs 275 per sq.ft, and the same value continues into the 2024 revision.

From 2017 to 2023, there was an increase of 65%, and from 2012 to 2017, the value decreased by 33%. The jump from 2007 to 2012 was a remarkable 733%. Overall, from 2007 to 2024, the guideline value has increased by 817%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Aapakudal

In Aapakudal, there are 51 streets under the Kavundapadi SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 508 per sq.ft. The median value for these streets is Rs 275 per sq.ft, which is equal to the guideline value of Amman Koil Street (374).

• Ambethkar street (414): Rs 200 per sq.ft (2024)
• Anna Nagar (346/1,2,3,4,5,347/9,347/10,364/3,4): Rs 200 per sq.ft (2024)
• Aa. Pudhupalayam Main Road (11,39/2,3,7,8,9,10,50/6,9,10,11,47/8 to12,63/1 to9,80/1 to5,87/1,4,5,8 to 11,97/1 to 5): Rs 275 per sq.ft (2024)
• Aappakkoodal Main Road (416/1,3,4,5,6,374): Rs 400 per sq.ft (2024)
• Aappaakkoodal thotta salaikal (414): Rs 200 per sq.ft (2024)
• Anthiyur Main Road (44/3,52/11,12): Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Amman Koil Street (374)

For a 1,000 sq.ft plot at the current guideline value of Rs 275 per sq.ft, the total guideline value would be Rs 2,75,000. The stamp duty at 7% would amount to Rs 19,250, and the registration fee at 2% would be Rs 5,500, bringing the total to Rs 24,750. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Amman Koil Street (374)?

Amman Koil Street (374) is covered by the Kavundapadi Sub Registrar Office, located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Aapakudal. It serves as a benchmark for determining the stamp duty and registration fees, ensuring that the correct amounts are paid based on the property's value.

When buying or selling property, the guideline value helps in establishing the legal framework for the transaction. It is essential for both buyers and sellers to be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Amman Koil Street (374)?

The current guideline value of Amman Koil Street (374) is Rs 275 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 30 per sq.ft in 2007 to Rs 275 per sq.ft in 2024, marking an overall increase of 817% over the years.

What is the land classification of Amman Koil Street (374)?

Amman Koil Street (374) is classified as Residential Class I Type - II.

Where can I find the registration office for Amman Koil Street (374)?

The registration office for Amman Koil Street (374) is the Kavundapadi Sub Registrar Office, located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone.

How is stamp duty calculated for properties in Aapakudal?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 2,75,000, the stamp duty at 7% would be Rs 19,250.