Guideline Value for A.C.NAGAR ( CHINAIPUDUR)

A.C.Nagar ( Chinaipudur) guideline value

The current guideline value of A.C.Nagar ( Chinaipudur) is Rs 334 per sq.ft, effective from 1 July 2024. This property 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.Nagar ( Chinaipudur) has changed

The guideline value for A.C.Nagar has seen significant changes over the years. In the 2012 revision, the value was Rs 125 per sq.ft, which increased to Rs 84 per sq.ft in the 2017 revision. This was a decrease of 33%. However, from 2017 to 2023, the value surged to Rs 300 per sq.ft, marking an increase of 257%. The most recent 2024 revision has set the value at Rs 334 per sq.ft, an increase of 11% from 2023.

Overall, from 2012 to 2024, the guideline value has increased by 167%. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

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. The median guideline value for these streets is Rs 448 per sq.ft, placing A.C.Nagar ( Chinaipudur) below this median.

• A.C Mani (B) Nagar: Rs 334 per sq.ft (2024)
• A.C.Nagar ( Covai Road): Rs 338 per sq.ft (2024)
• A.C Mani (A) Nagar: Rs 334 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.Nagar ( Chinaipudur)

For a 1,000 sq.ft plot at the current rate of Rs 334 per sq.ft, the guideline value amounts to 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. 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.C.Nagar ( Chinaipudur)?

The Sub Registrar Office that covers A.C.Nagar ( Chinaipudur) is the Kangeyam Sub Registrar Office, located at No.8, Taluk Office Campus, Kangeyam - 638701, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Kangeyam. It is used to determine the stamp duty and registration fees applicable when buying or selling property. The higher of the guideline value or the sale price is considered for calculating these charges.

When a buyer approaches the registration office, the guideline value helps ensure that the property is registered at a fair price, reflecting the current market conditions as per the government’s valuation. This process helps maintain transparency and accountability in real estate transactions.

Frequently asked questions

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

The current guideline value of A.C.Nagar ( Chinaipudur) 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 changed significantly from Rs 125 per sq.ft in 2012 to Rs 334 per sq.ft in 2024, reflecting an overall increase of 167% over this period.

What is the median guideline value in Kangeyam?

The median guideline value for the 202 streets in Kangeyam is Rs 448 per sq.ft, which is higher than the current value of A.C.Nagar ( Chinaipudur).

What are the stamp duty and registration fees for A.C.Nagar ( Chinaipudur)?

For a property valued at Rs 3,34,000, the stamp duty would be Rs 23,380 and the registration fee would be Rs 6,680, totaling Rs 30,060.

Where is the Sub Registrar Office for A.C.Nagar ( Chinaipudur)?

The Sub Registrar Office for A.C.Nagar ( Chinaipudur) is located at No.8, Taluk Office Campus, Kangeyam - 638701, Coimbatore registration zone.