Guideline Value for Athirshta Gatden

Athirshta Gatden guideline value

The current guideline value of Athirshta Gatden is Rs 220 per sq.ft, effective from 1 July 2024. This property is located in Peedampalli village, under the Singanallur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Athirshta Gatden has changed

The guideline value for Athirshta Gatden has undergone several revisions over the years. The 2012 revision set the value at Rs 200 per sq.ft, which then decreased to Rs 134 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 200 per sq.ft in the 2023 revision, and then to Rs 220 per sq.ft in the 2024 revision. The register has no figures for the years 2002, 2003, and 2007.

From 2017 to 2023, the guideline value rose by 49%, and from 2023 to 2024, it increased by 10%. Overall, from 2012 to 2024, the guideline value has seen a growth of 10%.

Guideline values in Peedampalli

In Peedampalli village, there are 156 streets under the Singanallur SRO that carry a 2024 guideline value ranging from Rs 110 to Rs 1,050 per sq.ft, with a median value of Rs 165 per sq.ft. Athirshta Gatden's current guideline value of Rs 220 per sq.ft is above this median.

• Aswin Ragam Garden: Rs 635 per sq.ft (2024)
• Ayothiapuram Anjaneyar Nagar: Rs 165 per sq.ft (2024)
• Ayothiapuram Barathan Nagar: Rs 165 per sq.ft (2024)
• Ayothiapuram Bharathan Nagar Extension: Rs 165 per sq.ft (2024)
• Ayothiapuram Lakshmanan Nagar: Rs 165 per sq.ft (2024)
• Ayothiyapuram Janaki Nagar: Rs 165 per sq.ft (2024)

Stamp duty and registration fee for property in Athirshta Gatden

For a 1,000 sq.ft plot at the current guideline value of Rs 220 per sq.ft, the total guideline value would be Rs 2,20,000. The stamp duty at 7% would amount to Rs 15,400, while the registration fee at 2% would be Rs 4,400, bringing the total cost for these fees to Rs 19,800. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Athirshta Gatden?

Athirshta Gatden is covered by the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor in property transactions within Peedampalli. It is used to determine the stamp duty and registration fees that need to be paid during the registration process. Buyers and sellers must be aware of the current guideline value to ensure they comply with legal requirements.

When a property is sold, the guideline value serves as a benchmark for assessing the property's worth. This value is important for both buyers and sellers to understand the financial implications of the transaction, including the costs associated with registration and taxation.

Frequently asked questions

What is the current guideline value of Athirshta Gatden?

The current guideline value of Athirshta Gatden is Rs 220 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 200 per sq.ft in 2012 to Rs 134 per sq.ft in 2017, then increased to Rs 200 per sq.ft in 2023, and finally to Rs 220 per sq.ft in 2024.

What is the land classification of Athirshta Gatden?

Athirshta Gatden is classified as Residential Class I Type - I, indicating its designation for residential use.

What are the stamp duty and registration fees for properties in Athirshta Gatden?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 19,800.

Which office handles registrations for Athirshta Gatden?

The Singanallur Sub Registrar Office handles registrations for Athirshta Gatden, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.