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Guideline Value

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Guideline Value for Amutham Nagar-1, 2 (Ward 14)

₹1015/sq.ft.

The guideline value for Amutham Nagar-1, 2 (ward 14) in Kavundampalayam village (Vadavalli SRO, Coimbatore zone) is Rs 1015 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 2% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Kavundampalayam

Village

Vadavalli

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹1015 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹700 /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 Amutham Nagar-1, 2 (ward 14)

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Amutham Nagar-1, 2 (Ward 14) guideline value

The current guideline value of Amutham Nagar-1, 2 (Ward 14) is Rs 1,015 per sq.ft, effective from 1 July 2024. This area is located in Kavundampalayam village, under the Vadavalli SRO, and is classified as Residential Class I Type - III.

How the guideline value of Amutham Nagar-1, 2 (Ward 14) has changed

The guideline value for Amutham Nagar-1, 2 has seen several revisions over the years. The 2012 revision set the value at Rs 700 per sq.ft, which then decreased to Rs 469 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 1,000 per sq.ft in the 2023 revision, and further to Rs 1,015 per sq.ft in the 2024 revision.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, there was a substantial increase of 113%. The latest change from 2023 to 2024 reflects a modest increase of 2%. Overall, from 2012 to 2024, the guideline value has increased by 45%.

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 in this area is Rs 1,000 per sq.ft, placing the 2024 figure for Amutham Nagar-1, 2 above this median.

Stamp duty and registration fee for property in Amutham Nagar-1, 2 (Ward 14)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,015 per sq.ft, the total guideline value amounts to Rs 10,15,000. The stamp duty at 7% would be Rs 71,050, and the registration fee at 2% would be Rs 20,300, making the total cost for these fees Rs 91,350. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Amutham Nagar-1, 2 (Ward 14)?

The Sub Registrar Office that covers Amutham Nagar-1, 2 (Ward 14) is the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046, in the Coimbatore registration zone. 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 when buying or selling property in Kavundampalayam, as it determines the minimum value at which a property can be registered. Buyers should be aware that the guideline value affects the stamp duty and registration fees payable during the transaction.

When a property is sold, the guideline value is used to calculate the applicable fees, ensuring that all transactions adhere to the legal requirements set by the registration authorities. This ensures transparency and helps in maintaining a standardized process for property transactions.

Frequently asked questions

What is the current guideline value for Amutham Nagar-1, 2 (Ward 14)?

The current guideline value for Amutham Nagar-1, 2 (Ward 14) is Rs 1,015 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 700 per sq.ft in 2012 to Rs 469 per sq.ft in 2017, then increased to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,015 per sq.ft in 2024.

What is the land classification for Amutham Nagar-1, 2?

Amutham Nagar-1, 2 is classified as Residential Class I Type - III, indicating its suitability for residential development.

Where can I find the registration office for this area?

The registration office for Amutham Nagar-1, 2 (Ward 14) is the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.

How is the stamp duty calculated for properties in Amutham Nagar-1, 2?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value, the stamp duty would amount to Rs 71,050.