Guideline Value for Attianna gowder lane (Ward 10)

Attianna gowder lane (Ward 10) guideline value

The current guideline value of Attianna gowder lane (Ward 10) is Rs 800 per sq.ft, effective from 1 July 2024. This street is located in Karamadai village, under the Mettupalayam SRO, and is classified as Residential Class II Type - I.

How the guideline value of Attianna gowder lane (Ward 10) has changed

Since the 2012 revision, the guideline value for Attianna gowder lane has seen various changes. In 2012, the guideline value was Rs 800 per sq.ft, which remained unchanged until the 2017 revision, where it decreased to Rs 536 per sq.ft, marking a -33% change. The value then increased significantly to Rs 800 per sq.ft in the 2023 revision, maintaining that rate through to the 2024 revision, resulting in a +49% change from 2017 to 2023.

For the years 2002, 2003, and 2007, the register has no figure for this street. Overall, from 2012 to 2024, the guideline value has remained at Rs 800 per sq.ft, indicating a 0% change over this period.

Guideline values in Karamadai

Karamadai village has a total of 180 streets under the Mettupalayam SRO, with the 2024 guideline values ranging from Rs 340 to Rs 1,680 per sq.ft. The median guideline value in this area is Rs 800 per sq.ft, which is equal to the current value of Attianna gowder lane.

• Ayar Pady (Ward 25): Rs 550 per sq.ft (2024)
• Arunachala Mudhaliyar Street (Ward 14): Rs 800 per sq.ft (2024)
• Aravindar Colony: Rs 660 per sq.ft (2024)
• Anna Street: Rs 440 per sq.ft (2024)
• Bellathi road (Ward 11): Rs 800 per sq.ft (2024)
• Bellathy Road (Ward 9): Rs 1,450 per sq.ft (2024)

Stamp duty and registration fee for property in Attianna gowder lane (Ward 10)

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value would be Rs 8,00,000. The stamp duty at 7% would be Rs 56,000, and the registration fee at 2% would be Rs 16,000, resulting in a total of Rs 72,000 for these charges. It is important to note that duty is charged on the higher of the guideline value and the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Attianna gowder lane (Ward 10)?

The Sub Registrar Office that covers Attianna gowder lane (Ward 10) is the Mettupalayam Sub Registrar Office, located at 271-Coimbatore Main Road, Near Mettupapalayam Bus Stand, Mettupalayam-641301, Coimbatore registration zone.

You can find your SRO for further assistance.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Karamadai. It serves as the baseline for calculating stamp duty and registration fees, ensuring that these charges are applied fairly based on the property's assessed value.

When a property transaction occurs, the guideline value is compared to the sale price, and the higher of the two is used for calculating the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Attianna gowder lane (Ward 10)?

The current guideline value of Attianna gowder lane (Ward 10) is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 800 per sq.ft from 2012 to 2024, with a decrease to Rs 536 per sq.ft in 2017, followed by an increase back to Rs 800 per sq.ft in 2023.

What is the land classification for Attianna gowder lane?

Attianna gowder lane is classified as Residential Class II Type - I, indicating its suitability for residential development.

Where can I find the Mettupalayam Sub Registrar Office?

The Mettupalayam Sub Registrar Office is located at 271-Coimbatore Main Road, Near Mettupapalayam Bus Stand, Mettupalayam-641301, Coimbatore registration zone.

How is stamp duty calculated for properties in Karamadai?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property with a guideline value of Rs 8,00,000 would incur a stamp duty of Rs 56,000 at a rate of 7%.