Guideline Value for Ammasai Gounder Veethi

Ammasai Gounder Veethi guideline value

The current guideline value of Ammasai Gounder Veethi is Rs 340 per sq.ft, effective from 1 July 2024. This street is located in Perianaickenpalayam village, under the Periyanayakkan Palayam SRO, and falls under the Residential Class II Type - I land classification.

How the guideline value of Ammasai Gounder Veethi has changed

The guideline value for Ammasai Gounder Veethi has undergone several revisions over the years. The 2012 revision recorded a guideline value of Rs 300 per sq.ft, which then decreased to Rs 201 per sq.ft in the 2017 revision. Following this, the value increased to Rs 300 per sq.ft in the 2023 revision, and finally, it rose to Rs 340 per sq.ft in the 2024 revision, marking a 13% increase from the previous year. Notably, there are no figures available for the revisions in 2002, 2003, and 2007 for this street.

From 2017 to 2023, the guideline value increased by 49%. Overall, comparing the 2012 revision to the current 2024 figure, there has been a 13% increase. This reflects the fluctuations in the guideline value over the years, highlighting both decreases and increases in the rates.

Guideline values in Perianaickenpalayam

In Perianaickenpalayam, there are 142 streets under the Periyanayakkan Palayam SRO carrying a 2024 guideline value ranging from Rs 220 to Rs 1,670 per sq.ft, with a median value of Rs 440 per sq.ft. The guideline value of Ammasai Gounder Veethi is below this median.

• Amma Avenue: Rs 340 per sq.ft (2024)
• Amirthanandamayee Nagar: Rs 500 per sq.ft (2024)
• Angalamman Kovil Veethi: Rs 220 per sq.ft (2024)
• Anna Nagar: Rs 620 per sq.ft (2024)
• Achari Veethi: Rs 280 per sq.ft (2024)
• Ashoka Kadai Veethi: Rs 1,110 per sq.ft (2024)

Stamp duty and registration fee for property in Ammasai Gounder Veethi

For a 1,000 sq.ft plot at the current guideline value of Rs 340 per sq.ft, the total guideline value would be Rs 3,40,000. The stamp duty at 7% would amount to Rs 23,800, and the registration fee at 2% would be Rs 6,800, bringing the total to Rs 30,600. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ammasai Gounder Veethi?

The Sub Registrar Office that covers Ammasai Gounder Veethi is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Perianaickenpalayam. It serves as a benchmark for determining the minimum value of the property for registration purposes, ensuring that the transaction is recorded accurately.

When a property is sold, the guideline value helps in calculating the applicable stamp duty and registration fees. Buyers and sellers should be aware of the guideline value to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value of Ammasai Gounder Veethi?

The current guideline value of Ammasai Gounder Veethi is Rs 340 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 300 per sq.ft in 2012 to Rs 201 per sq.ft in 2017, then increased to Rs 300 per sq.ft in 2023, and finally to Rs 340 per sq.ft in 2024.

What is the median guideline value in Perianaickenpalayam?

The median guideline value in Perianaickenpalayam is Rs 440 per sq.ft, with Ammasai Gounder Veethi's value being below this median.

What are the stamp duty and registration fees for Ammasai Gounder Veethi?

The stamp duty is 7% and the registration fee is 2% of the guideline value. For a 1,000 sq.ft plot, the total fees would amount to Rs 30,600 based on the current guideline value.

Which office handles registrations for Ammasai Gounder Veethi?

The Periyanayakkan Palayam Sub Registrar Office handles registrations for Ammasai Gounder Veethi, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.