Guideline Value for Amman Nagar Layout

Amman Nagar Layout guideline value

The current guideline value of Amman Nagar Layout is Rs 1,002 per sq.ft. It is located in Kumarapalayam village under the Coimbatore South Joint 1 SRO, classified as Residential Class II Type - I.

How the guideline value of Amman Nagar Layout has changed

The guideline value register shows no figures for the years 2002, 2003, 2007, 2012, and 2017 for Amman Nagar Layout. The 2023 revision set the guideline value at Rs 1,000 per sq.ft, which was then revised to Rs 1,002 per sq.ft in 2024, reflecting a change of +0% from the previous year.

In the 2024 revision, the guideline value for Amman Nagar Layout stands at Rs 1,002 per sq.ft, which is an increase from the 2023 figure of Rs 1,000 per sq.ft. This indicates that the guideline value has experienced a slight adjustment in the latest revision.

Guideline values in Kumarapalayam

In Kumarapalayam, there are 290 streets under the Coimbatore South Joint 1 SRO, with guideline values ranging from Rs 1,000 to Rs 2,750 per sq.ft. The median guideline value for these streets is Rs 1,001 per sq.ft, placing Amman Nagar's 2024 figure above this median.

• Ammulu Nagar Cross Street No.1: Rs 1,001 per sq.ft (2024)
• Ammulu Nagar Cross Street No.2: Rs 1,001 per sq.ft (2024)
• Ammulu Nagar Cross Street No.3: Rs 1,001 per sq.ft (2024)
• Ammulu Nagar Cross Street No.4: Rs 1,001 per sq.ft (2024)
• Ammulu Nagar Cross Street No.5: Rs 1,001 per sq.ft (2024)
• Amman Nagar: Rs 1,002 per sq.ft (2024)

Stamp duty and registration fee for property in Amman Nagar Layout

For a 1,000 sq.ft plot at the current guideline value of Rs 1,002 per sq.ft, the total guideline value would be Rs 10,02,000. The stamp duty at 7% would be Rs 70,140, and the registration fee at 2% would be Rs 20,040, leading to a total of Rs 90,180. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Amman Nagar Layout?

The Sub Registrar Office that covers Amman Nagar Layout 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 Kumarapalayam

The guideline value plays a crucial role during the registration of property transactions in Kumarapalayam. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that both the buyer and seller adhere to the legal requirements set by the Registration Department. This process helps maintain transparency and consistency in property transactions.

Frequently asked questions

What is the current guideline value of Amman Nagar Layout?

The current guideline value of Amman Nagar Layout is Rs 1,002 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Amman Nagar Layout has seen revisions, with the 2023 figure being Rs 1,000 per sq.ft, which was then increased to Rs 1,002 per sq.ft in 2024.

What is the land classification for Amman Nagar Layout?

Amman Nagar Layout is classified as Residential Class II Type - I, indicating its suitability for residential purposes.

Where can I find the Sub Registrar Office for Amman Nagar Layout?

The Sub Registrar Office for Amman Nagar Layout is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001.

How is stamp duty calculated for properties in Amman Nagar Layout?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property with a guideline value of Rs 10,02,000 would incur a stamp duty of Rs 70,140 at 7%.