Guideline Value for Amman Nagar

Amman Nagar guideline value

The current guideline value of Amman Nagar is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Sanganur, under the Gandhipuram SRO, and is classified as Residential Class II Type - I.

How the guideline value of Amman Nagar has changed

The guideline value for Amman Nagar has seen several revisions over the years. The 2007 revision set the value at Rs 200 per sq.ft, which increased significantly to Rs 800 per sq.ft in 2012. However, there was a decrease to Rs 536 per sq.ft in 2017, followed by a substantial rise to Rs 1,000 per sq.ft in 2023. The latest revision in 2024 has further increased the guideline value to Rs 1,100 per sq.ft, marking a 10% increase from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 450%. Notably, there are no figures available for the years 2002 and 2003 in the register for this street.

Guideline values in Sanganur.

In Sanganur, there are 394 streets under the Gandhipuram SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 10,080 per sq.ft, with a median value of Rs 1,120 per sq.ft. The guideline value for Amman Nagar is below this median.

• Amirtha Avenue: Rs 1,100 per sq.ft (2024)
• Ambrose Street: Rs 1,120 per sq.ft (2024)
• Ammasai Konar Street: Rs 1,120 per sq.ft (2024)
• Ambedkar Street: Rs 1,120 per sq.ft (2024)
• Amaravathy Street: Rs 1,120 per sq.ft (2024)
• Anbu Nagar: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in Amman Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, totaling Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Amman Nagar?

The Sub Registrar Office that covers Amman Nagar is the Gandhipuram Sub Registrar Office, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Sanganur. When a property is bought or sold, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that both buyers and sellers comply with the legal requirements.

It is essential for buyers to be aware of the guideline value, as it can affect the overall cost of purchasing property. This value serves as a benchmark for property transactions in the area, helping to standardize the fees associated with property registration.

Frequently asked questions

What is the current guideline value of Amman Nagar?

The current guideline value of Amman Nagar is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 200 per sq.ft in 2007 to Rs 1,100 per sq.ft in 2024, showing an overall increase of 450% over the years.

What is the median guideline value in Sanganur?

The median guideline value in Sanganur is Rs 1,120 per sq.ft, which is above the current value of Amman Nagar.

What are the stamp duty and registration fees for property in Amman Nagar?

For a property valued at Rs 11,00,000, the stamp duty would be Rs 77,000 and the registration fee would be Rs 22,000, totaling Rs 99,000.

Where is the Sub Registrar Office for Amman Nagar located?

The Sub Registrar Office for Amman Nagar is located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.