Guideline Value for Amman Kovil Thottam

Amman Kovil Thottam guideline value

The current guideline value of Amman Kovil Thottam is Rs 250 per sq.ft, effective from 1 July 2024. This area is located in Kavundapadi village, under the Kavundapadi SRO, and is classified as Residential Class II Type - I.

How the guideline value of Amman Kovil Thottam has changed

Over the years, the guideline value for Amman Kovil Thottam has seen several revisions. The 2007 revision set the value at Rs 26 per sq.ft, which significantly increased to Rs 250 per sq.ft in the 2012 revision, marking an increase of 862%. However, the value dropped to Rs 167 per sq.ft in the 2017 revision, a decrease of 33%. The guideline value then remained at Rs 250 per sq.ft in both the 2023 and 2024 revisions, indicating no change between these two years.

The register has no figures for the years 2002 and 2003 for this street. Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 862%.

Guideline values in Kavundapadi

In Kavundapadi, there are 137 streets under the Kavundapadi SRO that carry a 2024 guideline value ranging from Rs 250 to Rs 1,200 per sq.ft, with a median value of Rs 600 per sq.ft. The guideline value of Amman Kovil Thottam is below this median.

• Ambethkar Street, M.G.R.Street, Navalar Street: Rs 250 per sq.ft (2024)
• Anna Harijan Colony: Rs 600 per sq.ft (2024)
• Anna Street: Rs 400 per sq.ft (2024)
• Avarankattur Cross Street: Rs 250 per sq.ft (2024)
• Avarankattur Harijan Colony: Rs 250 per sq.ft (2024)
• Ayyampalayam Barathi Street: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Amman Kovil Thottam

For a 1,000 sq.ft plot at the current rate of Rs 250 per sq.ft, the guideline value would be Rs 2,50,000. The stamp duty at 7% would amount to Rs 17,500, and the registration fee at 2% would be Rs 5,000, totaling Rs 22,500. Please note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Amman Kovil Thottam?

The Sub Registrar Office that covers Amman Kovil Thottam is 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 Kavundapadi

The guideline value is crucial during property transactions in Kavundapadi, as it determines the minimum value at which properties can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations during the sale process.

When registering a property, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Amman Kovil Thottam?

The current guideline value of Amman Kovil Thottam is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 26 per sq.ft in 2007 to Rs 250 per sq.ft in 2012, then decreased to Rs 167 per sq.ft in 2017, and remained at Rs 250 per sq.ft in 2023 and 2024.

What is the land classification for Amman Kovil Thottam?

Amman Kovil Thottam is classified as Residential Class II Type - I.

What are the stamp duty rates for properties in Amman Kovil Thottam?

The stamp duty rate for properties in Amman Kovil Thottam is 7%, and the registration fee is 2% of the guideline value or sale price, whichever is higher.

Where can I find the Kavundapadi Sub Registrar Office?

The Kavundapadi Sub Registrar Office is located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone.