Guideline Value for Amman Nagar

Amman Nagar guideline value

The current guideline value of Amman Nagar is Rs 271 per sq.ft, effective from 1 July 2024. This street is located in Perundurai village, under the Perundurai SRO, and is classified as Residential Class I Type - II.

How the guideline value of Amman Nagar has changed

The guideline value for Amman Nagar has seen several revisions over the years. In the 2012 revision, the value was set at Rs 270 per sq.ft, which then decreased to Rs 181 per sq.ft in 2017. However, the value increased significantly by 50% in the 2023 revision, bringing it back to Rs 271 per sq.ft, which remained unchanged in the 2024 revision.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street. The overall change from the 2012 revision to the 2024 revision is a stable increase of 0%.

Guideline values in Perundurai

In Perundurai, there are 88 streets under the Perundurai SRO, with 2024 guideline values ranging from Rs 220 to Rs 1,650 per sq.ft. The median value among these streets is Rs 400 per sq.ft, indicating that Amman Nagar's current guideline value is below this median.

• Century Garden: Rs 220 per sq.ft (2024)
• Ganapathy Nagar: Rs 350 per sq.ft (2024)
• Iswarya Nagar: Rs 271 per sq.ft (2024)
• Kathir Avenue: Rs 271 per sq.ft (2024)
• Laxmi Nagar: Rs 220 per sq.ft (2024)
• PS Teacher Houshing Nagar: Rs 720 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 271 per sq.ft, the total guideline value would be Rs 2,71,000. The stamp duty at 7% would amount to Rs 18,970, and the registration fee at 2% would be Rs 5,420, bringing the total charges to Rs 24,390. 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 Nagar?

The Sub Registrar Office covering Amman Nagar is the Perundurai Sub Registrar Office, located at No.102/105, Agrahara Veethi, Perundurai- 638 052, Coimbatore registration zone. You can find your SRO for additional information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Perundurai. It is used to determine the stamp duty and registration fees that need to be paid, ensuring that both parties comply with the legal requirements during the transaction.

When a property is sold, the guideline value serves as a benchmark for assessing the property's worth. This value is particularly important for calculating the taxes and fees associated with the sale, ensuring that the transaction is conducted transparently and fairly.

Frequently asked questions

What is the current guideline value of Amman Nagar?

The current guideline value of Amman Nagar is Rs 271 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 270 per sq.ft in 2012 to Rs 181 per sq.ft in 2017, then increased to Rs 271 per sq.ft in both 2023 and 2024.

What are the other streets in Perundurai with their guideline values?

Other streets in Perundurai include Century Garden at Rs 220 per sq.ft, Ganapathy Nagar at Rs 350 per sq.ft, Iswarya Nagar at Rs 271 per sq.ft, Kathir Avenue at Rs 271 per sq.ft, Laxmi Nagar at Rs 220 per sq.ft, and PS Teacher Houshing Nagar at Rs 720 per sq.ft.

What is the registration fee for property in Amman Nagar?

The registration fee for property in Amman Nagar is calculated based on the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot, the total registration fee would be Rs 5,420 based on the current guideline value.

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

The Sub Registrar Office for Amman Nagar is located at No.102/105, Agrahara Veethi, Perundurai- 638 052, Coimbatore registration zone.