Guideline Value for Apex Enclave Phase - II

Apex Enclave Phase - II guideline value

The current guideline value of Apex Enclave Phase - II is Rs 375 per sq.ft, as per the 2023 revision. This property is located in Sarkarsamakulam village under the Periyanayakkan Palayam SRO, classified as Residential Class I Type - II.

How the guideline value of Apex Enclave Phase - II has changed

The guideline value for Apex Enclave Phase - II has seen several revisions over the years. In 2012, the guideline value was Rs 375 per sq.ft. This remained unchanged until the 2017 revision, where it dropped to Rs 251 per sq.ft. However, in the 2023 revision, the value increased to Rs 375 per sq.ft again, marking a 49% increase from 2017. Overall, from 2012 to 2023, there has been no change in the guideline value.

The revisions for the years 2002, 2003, and 2007 do not have figures available for this street, indicating a gap in the recorded guideline values during those years.

Guideline values in Sarkarsamakulam

Currently, there are no specific village figures available for Sarkarsamakulam. Apex Enclave Phase - II is situated within this village, and there are no other streets in Sarkarsamakulam under the Periyanayakkan Palayam SRO listed.

Stamp duty and registration fee for property in Apex Enclave Phase - II

For a 1,000 sq.ft plot at the current guideline value of Rs 375 per sq.ft, the total guideline value amounts to Rs 3,75,000. The stamp duty at 7% would be Rs 26,250, and the registration fee at 2% would be Rs 7,500, resulting in a total of Rs 33,750. 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 Apex Enclave Phase - II?

The Apex Enclave Phase - II is covered by the Periyanayakkan Palayam Sub Registrar Office, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration process of property transactions in Sarkarsamakulam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid, ensuring that these costs are calculated based on a standard valuation.

When buying or selling property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue from property transactions, reflecting the property's value as per the established guidelines.

Frequently asked questions

What is the current guideline value of Apex Enclave Phase - II?

The current guideline value of Apex Enclave Phase - II is Rs 375 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 375 per sq.ft in 2012 to Rs 251 per sq.ft in 2017, and then back to Rs 375 per sq.ft in 2023. This represents a 49% increase from 2017 to 2023.

Are there any guideline values for the years 2002, 2003, and 2007?

No, the guideline value register does not have figures for the years 2002, 2003, and 2007 for Apex Enclave Phase - II.

What are the stamp duty and registration fees for a property in Apex Enclave Phase - II?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 26,250, and the registration fee would be Rs 7,500, totaling Rs 33,750.

Which office handles the registration of properties in Apex Enclave Phase - II?

The Periyanayakkan Palayam Sub Registrar Office handles the registration of properties in Apex Enclave Phase - II, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.