Guideline Value for A P R NAGAR

A P R Nagar guideline value

The current guideline value of A P R Nagar, located in Chettipalayam village under the Tiruppur Joint I SRO, is Rs 703 per sq.ft as per the 2024 revision, effective from 1 July 2024. The land classification for this area is Residential Class I Type - III.

How the guideline value of A P R Nagar has changed

The guideline value for A P R Nagar has seen significant changes over the years. The 2017 revision recorded a value of Rs 234 per sq.ft, which increased to Rs 703 per sq.ft in the 2023 revision, marking a 200% increase. The 2024 revision maintained the same value of Rs 703 per sq.ft, indicating no change from the previous year.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 200%.

Guideline values in Chettipalayam

In Chettipalayam, there are 100 streets under the Tiruppur Joint I SRO that carry a 2024 guideline value ranging from Rs 700 to Rs 1,000 per sq.ft. The median value is Rs 703 per sq.ft, which is equal to the current guideline value of A P R Nagar.

• Arichana Colony: Rs 701 per sq.ft (2024)
• Annpoorna Layout: Rs 700 per sq.ft (2024)
• Anna Nagar West: Rs 703 per sq.ft (2024)
• Angeripalayam Main Road: Rs 704 per sq.ft (2024)
• Angeripalayam: Rs 704 per sq.ft (2024)
• A.S.M.Colony: Rs 703 per sq.ft (2024)

Stamp duty and registration fee for property in A P R Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 703 per sq.ft, the total guideline value would be Rs 7,03,000. The stamp duty charged at 7% would be Rs 49,210, and the registration fee at 2% would be Rs 14,060, bringing the total cost to Rs 63,270. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers A P R Nagar?

The Sub Registrar Office that covers A P R Nagar is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Chettipalayam. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of A P R Nagar?

The current guideline value of A P R Nagar is Rs 703 per sq.ft as per the 2024 revision.

How much has the guideline value changed since 2017?

Since 2017, the guideline value has increased by 200%, from Rs 234 per sq.ft to Rs 703 per sq.ft in 2024.

What is the registration office for A P R Nagar?

The registration office for A P R Nagar is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

How is stamp duty calculated in A P R Nagar?

Stamp duty in A P R Nagar is calculated based on the higher of the guideline value or the sale price of the property. The current rate is 7% for stamp duty and 2% for the registration fee.

Are there any revisions without figures for A P R Nagar?

Yes, the register has no figures for the revisions in the years 2002, 2003, 2007, and 2012 for A P R Nagar.