Guideline Value for Amman Kovil Street

Amman Kovil Street guideline value

The current guideline value of Amman Kovil Street is Rs 400 per sq.ft. This street is located in Perur village and falls under the Coimbatore South Joint 1 SRO. The land classification for this area is Residential Class I Type - III.

How the guideline value of Amman Kovil Street has changed

The guideline value for Amman Kovil Street has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 400 per sq.ft, which reflects an increase of 11% from the 2023 revision of Rs 360 per sq.ft. Prior to these revisions, the register has no figure for this street for the years 2017, 2012, 2007, 2003, and 2002.

In summary, the 2023 revision recorded a guideline value of Rs 360 per sq.ft, which was an increase from the previous years where no figures were available. The 2024 revision marks the current guideline value at Rs 400 per sq.ft, aligning with the median guideline value of Rs 400 per sq.ft for the village of Perur.

Guideline values in Perur

In Perur, there are 45 streets under the Coimbatore South Joint 1 SRO that have a 2024 guideline value, ranging from Rs 280 to Rs 900 per sq.ft. Amman Kovil Street's 2024 figure of Rs 400 per sq.ft is equal to the median value for the village.

• Alamara Road: Rs 400 per sq.ft (2024)
• Angalamman Kovil Street: Rs 500 per sq.ft (2024)
• Anna Nagar: Rs 400 per sq.ft (2024)
• Attru Road: Rs 500 per sq.ft (2024)
• Bharathy Puram: Rs 450 per sq.ft (2024)
• Blake Mariamman Kovil Street: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Amman Kovil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value would be Rs 4,00,000. The stamp duty at 7% would amount to Rs 28,000, and the registration fee at 2% would be Rs 8,000, bringing the total fees together to Rs 36,000. It is important to note that the 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 Kovil Street?

The Sub Registrar Office that covers Amman Kovil Street is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. You can find your SRO for more information.

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

The guideline value is a critical factor in the registration process of property transactions in Perur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duties and registration fees.

When buying or selling property, the guideline value helps both parties understand the value of the property being transacted. It is essential to consider the guideline value when negotiating the sale price, as the stamp duty and registration fees are calculated based on this value or the actual sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Amman Kovil Street?

The current guideline value of Amman Kovil Street is Rs 400 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

The guideline value increased by 11% from Rs 360 per sq.ft in 2023 to Rs 400 per sq.ft in 2024.

What is the land classification for Amman Kovil Street?

Amman Kovil Street is classified as Residential Class I Type - III.

Which Sub Registrar Office covers Amman Kovil Street?

The Coimbatore South Joint 1 Sub Registrar Office covers Amman Kovil Street, located at No.410a, Raja Street, Coimbatore-641001.

How are stamp duty and registration fees calculated?

Stamp duty is charged at 7% and the registration fee at 2% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value, the total fees would amount to Rs 36,000.