Guideline Value for Bhavani Road To Sathy Road Anthiyur Road Four Road (14/8,9,10,11,12,13,15,27/12,16,17,21,22,28/6,7,12,13,19,20,51/1 To 8,56/1 To 15,60/1,2,3,4,9)

Bhavani Road to Sathy Road Anthiyur Road Four Road (14/8,9,10,11,12,13,15,27/12,16,17,21,22,28/6,7,12,13,19,20,51/1 to 8,56/1 to 15,60/1,2,3,4,9) guideline value

The current guideline value for Bhavani Road to Sathy Road Anthiyur Road Four Road (14/8,9,10,11,12,13,15,27/12,16,17,21,22,28/6,7,12,13,19,20,51/1 to 8,56/1 to 15,60/1,2,3,4,9) is Rs 400 per sq.ft, effective from 1 July 2024. This property is located in Aapakudal village and falls under the Kavundapadi SRO, classified as Commercial Class I Type - I.

How the guideline value of Bhavani Road to Sathy Road Anthiyur Road Four Road (14/8,9,10,11,12,13,15,27/12,16,17,21,22,28/6,7,12,13,19,20,51/1 to 8,56/1 to 15,60/1,2,3,4,9) has changed

The guideline value for this street has seen several revisions over the years. The 2007 revision set the value at Rs 56 per sq.ft. This increased significantly to Rs 400 per sq.ft in the 2012 revision, marking a 614% increase. However, in the 2017 revision, the value dropped to Rs 268 per sq.ft, which was a decrease of 33%. The value then rose to Rs 400 per sq.ft in the 2023 revision, and it remained unchanged in the 2024 revision, reflecting a 49% increase from the 2017 figure.

It is important to note that the register has no figures for the years 2002 and 2003 for this street. Overall, from the 2007 revision to the current 2024 revision, the guideline value has increased by 614%.

Guideline values in Aapakudal

In Aapakudal, there are 51 streets under the Kavundapadi SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 508 per sq.ft. The median value among these streets is Rs 275 per sq.ft, placing the guideline value for Bhavani Road to Sathy Road Anthiyur Road Four Road above the median.

• Bhavani Road southside (269/1,336/3A,3B,336/6A,6B,369/1): Rs 400 per sq.ft (2024)
• Bharathi street (11/2,3): Rs 300 per sq.ft (2024)
• Arthanari Street (414,415/2): Rs 275 per sq.ft (2024)
• Chenguttai Road (47/7,50/8,87/3): Rs 275 per sq.ft (2024)
• Appakkodal Kamaraj Street (415/1): Rs 275 per sq.ft (2024)
• Anthiyur Main Road (44/3,52/11,12): Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Bhavani Road to Sathy Road Anthiyur Road Four Road (14/8,9,10,11,12,13,15,27/12,16,17,21,22,28/6,7,12,13,19,20,51/1 to 8,56/1 to 15,60/1,2,3,4,9)

For a 1,000 sq.ft plot at the current rate of Rs 400 per sq.ft, the guideline value would be Rs 4,00,000. The stamp duty at 7% would amount to Rs 28,000, and the registration fee at 2% would be Rs 8,000, totaling Rs 36,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Bhavani Road to Sathy Road Anthiyur Road Four Road (14/8,9,10,11,12,13,15,27/12,16,17,21,22,28/6,7,12,13,19,20,51/1 to 8,56/1 to 15,60/1,2,3,4,9)?

The Sub Registrar Office that covers this area is the Kavundapadi Sub Registrar Office, located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor in property transactions in Aapakudal. It serves as a benchmark for determining the minimum value of a property, which is used to calculate stamp duty and registration fees during the registration process.

When buying or selling property, the guideline value ensures that the transaction is recorded accurately, reflecting the property's worth according to government standards. This helps maintain transparency and fairness in property dealings.

Frequently asked questions

What is the current guideline value for Bhavani Road to Sathy Road Anthiyur Road Four Road?

The current guideline value for Bhavani Road to Sathy Road Anthiyur Road Four Road is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, starting from Rs 56 per sq.ft in 2007 to Rs 400 per sq.ft in 2012, then dropping to Rs 268 per sq.ft in 2017, and returning to Rs 400 per sq.ft in 2023 and 2024.

What is the land classification for this street?

This street is classified as Commercial Class I Type - I under the Kavundapadi SRO.

What are the stamp duty and registration fees for a property in this area?

For a property valued at Rs 4,00,000, the stamp duty would be Rs 28,000 and the registration fee would be Rs 8,000, totaling Rs 36,000.

Where can I find the Sub Registrar Office for this street?

The Kavundapadi Sub Registrar Office is located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone.