Guideline Value for A.C MANI (B) NAGAR

A.C Mani (B) Nagar guideline value

The current guideline value of A.C Mani (B) Nagar is Rs 334 per sq.ft, effective from 1 July 2024. This street is located in Kangeyam village, under the Kangeyam SRO, and is classified as Residential Class IV Type - I.

How the guideline value of A.C Mani (B) Nagar has changed

The guideline value for A.C Mani (B) Nagar has undergone significant changes over the years. The 2017 revision recorded a value of Rs 84 per sq.ft, which increased to Rs 300 per sq.ft in the 2023 revision, marking a substantial rise of 257%. The most recent revision in 2024 set the guideline value at Rs 334 per sq.ft, reflecting an 11% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 298%. It is important to note that there are no registered figures for this street in the years 2002, 2003, 2007, and 2012.

Guideline values in Kangeyam

Kangeyam village has a total of 202 streets under the Kangeyam SRO, with guideline values ranging from Rs 331 to Rs 1,120 per sq.ft as of 2024. The median guideline value in this village is Rs 448 per sq.ft, placing A.C Mani (B) Nagar's 2024 figure below that median.

• A.C Mani (A) Nagar: Rs 334 per sq.ft (2024)
• A.C.Nagar ( Chinaipudur): Rs 334 per sq.ft (2024)
• A.C.Nagar ( Covai Road): Rs 338 per sq.ft (2024)
• A.C.Vengu Nagar: Rs 332 per sq.ft (2024)
• Aditya Garden Phase-2: Rs 616 per sq.ft (2024)
• Agasthilingampalayam: Rs 448 per sq.ft (2024)

Stamp duty and registration fee for property in A.C Mani (B) Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 334 per sq.ft, the total guideline value would be Rs 3,34,000. The stamp duty at 7% would amount to Rs 23,380, and the registration fee at 2% would be Rs 6,680, bringing the total fees to Rs 30,060. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers A.C Mani (B) Nagar?

The A.C Mani (B) Nagar area is covered by the Kangeyam Sub Registrar Office, located at No.8, Taluk Office Campus, Kangeyam - 638701, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role during the registration process of property transactions in Kangeyam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property in the area.

When a property is registered, the stamp duty is calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions, reflecting the value of the property as per the established guidelines.

Frequently asked questions

What is the current guideline value of A.C Mani (B) Nagar?

The current guideline value of A.C Mani (B) Nagar is Rs 334 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 84 per sq.ft in 2017 to Rs 334 per sq.ft in 2024, marking an overall increase of 298% during this period.

What are the stamp duty and registration fees for property in A.C Mani (B) Nagar?

For a 1,000 sq.ft plot, the total guideline value is Rs 3,34,000. The stamp duty at 7% would be Rs 23,380, and the registration fee at 2% would be Rs 6,680, totaling Rs 30,060.

Which Sub Registrar Office covers A.C Mani (B) Nagar?

The Kangeyam Sub Registrar Office, located at No.8, Taluk Office Campus, Kangeyam - 638701, Coimbatore registration zone, covers A.C Mani (B) Nagar.

What is the median guideline value in Kangeyam?

The median guideline value in Kangeyam village is Rs 448 per sq.ft, with A.C Mani (B) Nagar's current value being below this median.