Guideline Value for Amsaveni Layout

Amsaveni Layout guideline value

The current guideline value of Amsaveni 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 Amsaveni Layout has changed

The guideline value for Amsaveni Layout has undergone several revisions over the years. The earliest available figure is from 2007, which was Rs 300 per sq.ft. This increased to Rs 800 per sq.ft in 2012, marking a rise of 167%. However, it then decreased to Rs 536 per sq.ft in 2017, representing a decline of 33%. From 2017 to 2023, the value saw a significant increase of 87%, reaching Rs 1,000 per sq.ft, which remained unchanged through the 2024 revision.

In summary, the guideline value increased from Rs 300 per sq.ft in 2007 to Rs 1,000 per sq.ft in 2024, reflecting an overall increase of 233%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Kavundampalayam

Kavundampalayam village has a total of 565 streets under the Vadavalli SRO, with 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 the same as the current figure for Amsaveni Layout.

• Amutham Nagar-1, 2 (Ward 14): Rs 1,015 per sq.ft (2024)
• Amutham Nagar (ward 13): Rs 1,015 per sq.ft (2024)
• Amutha Nagar: Rs 1,000 per sq.ft (2024)
• Ammasai Konar Layout: Rs 1,000 per sq.ft (2024)
• Amman Nagar: Rs 1,000 per sq.ft (2024)
• Anbalagan Nagar: Rs 1,325 per sq.ft (2024)

Stamp duty and registration fee for property in Amsaveni 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. 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 Amsaveni Layout?

The Amsaveni Layout is covered by 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 an essential factor in property transactions in Kavundampalayam. It serves as a benchmark for determining the stamp duty and registration fees during the buying or selling process. Buyers and sellers must be aware of the guideline value to ensure compliance with registration requirements.

When registering a property, the guideline value is used to calculate the applicable fees, which are based on the higher of the guideline value or the actual sale price. This ensures that all transactions are conducted fairly and transparently according to government regulations.

Frequently asked questions

What is the current guideline value of Amsaveni Layout?

The current guideline value of Amsaveni 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 increased from Rs 300 per sq.ft in 2007 to Rs 1,000 per sq.ft in 2024, with various changes in between.

Where is Amsaveni Layout located?

Amsaveni Layout is located in Kavundampalayam village under the Vadavalli SRO in Coimbatore, Tamil Nadu.

What are the stamp duty and registration fees for Amsaveni Layout?

For a property in Amsaveni Layout valued at Rs 10,00,000, the stamp duty would be Rs 70,000 and the registration fee would be Rs 20,000, totaling Rs 90,000.

Which office handles registrations for Amsaveni Layout?

The Vadavalli Sub Registrar Office handles registrations for Amsaveni Layout, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.