Guideline Value for Aswath Nagar

Aswath Nagar guideline value

The current guideline value of Aswath Nagar is Rs 2,240 per sq.ft, effective from 1 July 2024. This area is located in Ganapathyward11 village, under the Ganapathy SRO, and is classified as Residential Class I Type - II.

How the guideline value of Aswath Nagar has changed

The guideline value for Aswath Nagar has seen several revisions over the years. In 2007, the value was Rs 1,000 per sq.ft, which increased to Rs 2,000 per sq.ft in 2012. However, it dropped to Rs 1,340 per sq.ft in 2017. The subsequent revision in 2023 raised it to Rs 2,000 per sq.ft, and the most recent revision in 2024 brought it to Rs 2,240 per sq.ft. The register has no figures for the years 2002 and 2003 for this street.

From 2017 to 2023, the guideline value increased by 49%, followed by a further increase of 12% from 2023 to 2024. Overall, from 2007 to 2024, the guideline value has risen by 124%.

Guideline values in Ganapathyward11

In Ganapathyward11, there are 104 streets under the Ganapathy SRO that carry a 2024 guideline value, ranging from Rs 1,120 to Rs 10,080 per sq.ft. The median value is Rs 2,240 per sq.ft, which is the same as the guideline value for Aswath Nagar.

• Arundhadhiyar Street (Haripuram): Rs 1,120 per sq.ft (2024)
• Bagathsingh Road: Rs 3,920 per sq.ft (2024)
• Bagathsingh Road 1st Cross: Rs 2,240 per sq.ft (2024)
• Balasundaram Lay-out: Rs 2,240 per sq.ft (2024)
• Annapoorna Lay-out: Rs 2,240 per sq.ft (2024)
• Bharathiar Road (Womens Polytechnic to Gandipuram Signal): Rs 6,720 per sq.ft (2024)

Stamp duty and registration fee for property in Aswath Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 2,240 per sq.ft, the total guideline value would be Rs 22,40,000. The stamp duty at 7% would amount to Rs 1,56,800, and the registration fee at 2% would be Rs 44,800, bringing the total to Rs 2,01,600. 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 information.

Which Sub Registrar Office covers Aswath Nagar?

The Sub Registrar Office covering Aswath Nagar is the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Ganapathyward11

The guideline value is crucial when registering property transactions in Ganapathyward11. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the sale or purchase of property.

When a property is sold, the guideline value is considered to ensure that the transaction is recorded accurately. Buyers and sellers must be aware of these values to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Aswath Nagar?

The current guideline value of Aswath Nagar is Rs 2,240 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2007 to Rs 2,240 per sq.ft in 2024, with various revisions in between, including increases and a decrease.

What is the stamp duty for property in Aswath Nagar?

The stamp duty for property in Aswath Nagar is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Aswath Nagar?

The Sub Registrar Office for Aswath Nagar is located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006.

What is the median guideline value in Ganapathyward11?

The median guideline value in Ganapathyward11 is Rs 2,240 per sq.ft, which is the same as the guideline value for Aswath Nagar.