Guideline Value for CELLARIUM AAHANA

Cellarium Aahana guideline value

The current guideline value of Cellarium Aahana is Rs 1,565 per sq.ft, effective from 1 July 2024. This property is located in Vadavalli village, under the Vadavalli SRO, and is classified as Residential Special Type - V.

How the guideline value of Cellarium Aahana has changed

The guideline value for Cellarium Aahana has seen several revisions over the years. The 2017 revision set the value at Rs 950 per sq.ft, which increased to Rs 1,000 per sq.ft in the 2023 revision, marking a 5% rise. The most recent 2024 revision has further increased the guideline value to Rs 1,565 per sq.ft, representing a significant 57% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 65%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Vadavalli

In Vadavalli, there are 461 streets under the Vadavalli SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 2,200 per sq.ft, with a median value of Rs 1,100 per sq.ft. The guideline value of Cellarium Aahana is above this median, indicating a higher valuation compared to many other streets in the area.

• Central Excise Colony: Rs 1,870 per sq.ft (2024)
• BSA Nagar: Rs 1,100 per sq.ft (2024)
• Brindavan Arcade: Rs 1,002 per sq.ft (2024)
• BPR Nagar: Rs 1,100 per sq.ft (2024)
• BPC Nagar: Rs 1,100 per sq.ft (2024)
• Boopathi Raja Nagar: Rs 1,001 per sq.ft (2024)

Stamp duty and registration fee for property in Cellarium Aahana

For a 1,000 sq.ft plot at the current guideline value of Rs 1,565 per sq.ft, the total guideline value would be Rs 15,65,000. The stamp duty at 7% would amount to Rs 1,09,550, and the registration fee at 2% would be Rs 31,300, totaling Rs 1,40,850. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Cellarium Aahana?

The Sub Registrar Office that covers Cellarium Aahana is the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046. You can find your SRO for further assistance.

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

The guideline value is crucial during the registration process when buying or selling property. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid, ensuring that the transaction is recorded accurately in the official records.

When a buyer or seller approaches the Sub Registrar Office, the guideline value helps in assessing the fair value of the property for taxation purposes. This ensures compliance with local regulations and provides a transparent framework for property transactions.

Frequently asked questions

What is the current guideline value of Cellarium Aahana?

The current guideline value of Cellarium Aahana is Rs 1,565 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 950 per sq.ft in 2017 to Rs 1,565 per sq.ft in 2024, marking an overall increase of 65% over this period.

What is the stamp duty for properties in Cellarium Aahana?

The stamp duty for properties in Cellarium Aahana is charged at 7% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Cellarium Aahana located?

The Sub Registrar Office for Cellarium Aahana is located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.

What are the guideline values of other streets in Vadavalli?

Other streets in Vadavalli have varying guideline values, with rates ranging from Rs 1,001 to Rs 1,870 per sq.ft as of 2024. For example, Central Excise Colony is valued at Rs 1,870 per sq.ft, while BSA Nagar and BPR Nagar are both valued at Rs 1,100 per sq.ft.