Guideline Value for Athithiravidar natham

Athithiravidar natham guideline value

The current guideline value of Athithiravidar natham is Rs 200 per sq.ft, effective from 1 July 2024. This village falls under the Kodumudi SRO and is classified as Residential Class III Type - V.

How the guideline value of Athithiravidar natham has changed

The guideline value for Athithiravidar natham has seen several revisions over the years. In 2003, the guideline value was Rs 35 per sq.ft, which increased to Rs 40 per sq.ft in 2007. Following this, the value rose significantly to Rs 120 per sq.ft in 2012, before dropping to Rs 80 per sq.ft in 2017. The most recent revisions in 2023 and 2024 both set the value at Rs 200 per sq.ft, reflecting no change from the previous year.

From 2017 to 2023, the guideline value increased by 150%. The jump from 2012 to 2017 saw a decrease of 33%, while the rise from 2007 to 2012 was substantial at 200%. The overall increase from 2003 to 2024 is 471%. The register has no figure for this street for the year 2002.

Guideline values in Pasur

Within Pasur village, there are 64 streets under the Kodumudi SRO, all carrying a 2024 guideline value ranging from Rs 200 to Rs 200 per sq.ft, with the median also at Rs 200 per sq.ft. Athithiravidar natham's 2024 figure is equal to this median.

• Mukkudivelampalayam: Rs 200 per sq.ft (2024)
• Mukkudivelampalayam (periya natham): Rs 200 per sq.ft (2024)
• Pasur: Rs 200 per sq.ft (2024)
• Vengiyampalayam sakkiliyar natham: Rs 200 per sq.ft (2024)
• W 10 1.Rakkiyagovundenpudur Kandasami st: Rs 200 per sq.ft (2024)
• W 10 2.Rakkiyagovundenpudur Raja st: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Athithiravidar natham

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty at 7% is Rs 14,000, and the registration fee at 2% is Rs 4,000, bringing the total to Rs 18,000. 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 Athithiravidar natham?

The Sub Registrar Office that covers Athithiravidar natham is the Kodumudi Sub Registrar Office, located at No.80, Railway Station Road, Kodumudi-638 151, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration process when buying or selling property in Pasur. It serves as a benchmark for determining the stamp duty and registration fees, ensuring that the transaction is recorded accurately in accordance with government regulations.

When a property is sold, the guideline value is used to calculate the applicable fees, which are based on the higher of the guideline value or the sale price. This ensures that all transactions are conducted fairly and transparently, adhering to the legal requirements set forth by the registration authorities.

Frequently asked questions

What is the current guideline value of Athithiravidar natham?

The current guideline value of Athithiravidar natham is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 35 per sq.ft in 2003 to Rs 200 per sq.ft in 2024, marking an overall increase of 471% over the years.

What is the land classification for Athithiravidar natham?

Athithiravidar natham is classified as Residential Class III Type - V.

Where is the Kodumudi Sub Registrar Office located?

The Kodumudi Sub Registrar Office is located at No.80, Railway Station Road, Kodumudi-638 151, Coimbatore registration zone.

How is stamp duty calculated for properties in Athithiravidar natham?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 2,00,000, the stamp duty would be Rs 14,000 at a rate of 7%.