Guideline Value

Corporate

Guideline Value for Ammasai Konar Layout

₹1000/sq.ft.

The guideline value for Ammasai Konar Layout in Kavundampalayam village (Vadavalli SRO, Coimbatore zone) is Rs 1000 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Kavundampalayam

Village

Vadavalli

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹1000 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Subregistrar Office, Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046
0422-2425260
[email protected]

DRO (District Registrar Office)

District Registara Office, Syriyan Church Road, Corporation Marriage Hall, Coimbatore -641001
0422-2300722
[email protected],[email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Ammasai Konar Layout

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Ammasai Konar Layout guideline value

The current guideline value of Ammasai Konar Layout is Rs 1,000 per sq.ft, effective from 1 July 2024. This layout is located in Kavundampalayam village under the Vadavalli SRO, classified as Residential Class I Type - II.

How the guideline value of Ammasai Konar Layout has changed

In the 2012 revision, the guideline value was set at Rs 800 per sq.ft. This increased to Rs 536 per sq.ft in the 2017 revision, marking a decrease of 33%. However, from 2017 to 2023, the value rose significantly to Rs 1,000 per sq.ft, reflecting an increase of 87%. The 2024 revision maintains the guideline value at Rs 1,000 per sq.ft, showing no change from the 2023 figure. There are no figures available for the revisions in 2002, 2003, and 2007 for this street.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 25%. This change illustrates the fluctuations in property values over the years within this locality.

Guideline values in Kavundampalayam

In Kavundampalayam, there are 565 streets under the Vadavalli SRO, with 2024 guideline values ranging from Rs 1,000 to Rs 4,405 per sq.ft. The median guideline value is Rs 1,000 per sq.ft, which is equal to the guideline value of Ammasai Konar Layout.

Stamp duty and registration fee for property in Ammasai Konar Layout

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value would be Rs 10,00,000. The stamp duty at 7% would amount to Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total fees to Rs 90,000. It is important to note that 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 detailed calculations.

Which Sub Registrar Office covers Ammasai Konar Layout?

The Sub Registrar Office that covers Ammasai Konar Layout is the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Kavundampalayam. It determines the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property, the guideline value is compared with the sale price. The higher of the two values is used to calculate the applicable stamp duty and registration fees, which are mandatory for legal ownership transfer.

Frequently asked questions

What is the current guideline value of Ammasai Konar Layout?

The current guideline value of Ammasai Konar Layout is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 800 per sq.ft in 2012 to Rs 1,000 per sq.ft in 2024, showing an overall increase of 25%. The value increased significantly from Rs 536 per sq.ft in 2017 to Rs 1,000 per sq.ft in 2023 and remained the same in 2024.

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

Other streets in Kavundampalayam include Amsaveni Layout, Amutham Nagar-1, 2 (Ward 14), Amutham Nagar (ward 13), Amutha Nagar, Amman Nagar, and Ammal Layout, with values ranging from Rs 1,000 to Rs 1,015 per sq.ft in 2024.

How is stamp duty calculated for properties in Ammasai Konar Layout?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For a property valued at Rs 10,00,000, the stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000.

Where can I find the Sub Registrar Office for Ammasai Konar Layout?

The Sub Registrar Office for Ammasai Konar Layout is the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.