Guideline Value for Avadisetty thottam south side

Avadisetty thottam south side guideline value

The current guideline value for Avadisetty thottam south side is Rs 224 per sq.ft, effective from 1 July 2024. This area is located in Kannampalayam village under the Sulur SRO, classified as Residential Class III Type - V.

How the guideline value of Avadisetty thottam south side has changed

The guideline value for Avadisetty thottam south side has seen several revisions over the years. In 2007, the value was Rs 60 per sq.ft, which increased significantly to Rs 175 per sq.ft in 2012. However, it then dropped to Rs 117 per sq.ft in 2017. Following this, the value rose to Rs 200 per sq.ft in 2023, and the most recent revision in 2024 set the value at Rs 224 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 71%. The jump from 2023 to 2024 was 12%. Notably, the overall increase from 2007 to 2024 is 273%, reflecting significant changes in the guideline value over the years.

Guideline values in Kannampalayam

Kannampalayam village has a total of 114 streets under the Sulur SRO, with guideline values ranging from Rs 224 to Rs 1,800 per sq.ft. The median guideline value for these streets is Rs 336 per sq.ft, placing Avadisetty thottam south side below this median.

• A.Subaramaniayam Nagar: Rs 224 per sq.ft (2024)
• Arupudha Mudhaiyar Street: Rs 448 per sq.ft (2024)
• Arunachal Boyar Street: Rs 448 per sq.ft (2024)
• Aruljothi Nagar: Rs 448 per sq.ft (2024)
• Bakkiamalli Thottam Road: Rs 224 per sq.ft (2024)
• Baladhandayudham Nagar: Rs 224 per sq.ft (2024)

Stamp duty and registration fee for property in Avadisetty thottam south side

For a 1,000 sq.ft plot at the current guideline value of Rs 224 per sq.ft, the total guideline value would be Rs 2,24,000. The stamp duty at 7% would amount to Rs 15,680, and the registration fee at 2% would be Rs 4,480, leading to a total cost of Rs 20,160. 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 Avadisetty thottam south side?

The Sub Registrar Office that covers Avadisetty thottam south side is the Sulur Sub Registrar Office, located at Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a significant role during property transactions in Kannampalayam. It is used as a benchmark for determining the stamp duty and registration fees when buying or selling property. Buyers and sellers must consider this value to ensure compliance with local regulations and to accurately calculate the costs involved in the transaction.

When registering a property, the guideline value is crucial as it ensures that the transaction is recorded at a value that reflects the area’s market conditions. This helps maintain transparency and fairness in property dealings.

Frequently asked questions

What is the current guideline value for Avadisetty thottam south side?

The current guideline value for Avadisetty thottam south side is Rs 224 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 60 per sq.ft in 2007 to Rs 224 per sq.ft in 2024, showing an overall increase of 273% over the years.

What are the stamp duty and registration fees for property in Avadisetty thottam south side?

For a property valued at Rs 2,24,000, the stamp duty would be Rs 15,680, and the registration fee would be Rs 4,480, totaling Rs 20,160.

Which office handles property registrations for Avadisetty thottam south side?

The Sulur Sub Registrar Office handles property registrations for Avadisetty thottam south side, located at Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402, Coimbatore registration zone.

What is the median guideline value for streets in Kannampalayam?

The median guideline value for streets in Kannampalayam is Rs 336 per sq.ft, with Avadisetty thottam south side's value being below this median.