Guideline Value for Apex Enclave Phase - I

Apex Enclave Phase - I guideline value

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

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

The guideline value for Apex Enclave Phase - I has undergone several revisions over the years. In 2012, the guideline value was set at Rs 375 per sq.ft. This value remained unchanged until the 2017 revision, where it dropped to Rs 251 per sq.ft, marking a decrease of 33%. However, in the 2023 revision, the guideline value increased to Rs 375 per sq.ft again, reflecting a rise of 49% from the 2017 figure.

Overall, when comparing the 2012 and 2023 revisions, there has been no net change in the guideline value, as it remained at Rs 375 per sq.ft. It is important to note that the register has no figures for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Sarkarsamakulam

Currently, there are no specific village figures available for Sarkarsamakulam. The guideline value for Apex Enclave Phase - I is Rs 375 per sq.ft, and there are no other streets in Sarkarsamakulam under the Periyanayakkan Palayam SRO.

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

For a 1,000 sq.ft plot at the current rate of Rs 375 per sq.ft, the guideline value amounts to Rs 3,75,000. The stamp duty, charged at 7%, would be Rs 26,250, while the registration fee at 2% would be Rs 7,500. Together, the total cost for stamp duty and registration fee would be 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 detailed calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Apex Enclave Phase - I?

The Apex Enclave Phase - I 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 when buying or selling property in Sarkarsamakulam. It is used to determine the stamp duty and registration fees that need to be paid. Buyers should be aware that these costs are calculated based on the guideline value or the sale price, whichever is higher.

When registering a property, it is essential to have an accurate understanding of the guideline value, as it directly affects the overall expenses involved in the transaction. Ensuring that the correct guideline value is used can help in avoiding any discrepancies during the registration process.

Frequently asked questions

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

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

How has the guideline value changed over the years?

Since 2012, the guideline value has seen fluctuations, starting at Rs 375 per sq.ft in 2012, dropping to Rs 251 per sq.ft in 2017, and returning to Rs 375 per sq.ft in 2023. Overall, there has been no net change from 2012 to 2023.

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

For a property valued at Rs 3,75,000, the stamp duty would be Rs 26,250 and the registration fee would be Rs 7,500, totaling Rs 33,750. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles registrations for Apex Enclave Phase - I?

The Periyanayakkan Palayam Sub Registrar Office handles registrations for Apex Enclave Phase - I, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

Are there any other streets in Sarkarsamakulam?

Currently, there are no other streets listed under Sarkarsamakulam for the Periyanayakkan Palayam SRO. The only guideline value available is for Apex Enclave Phase - I.