Guideline Value for A.I.B.E.A NAGAR EXT

A.I.B.E.A Nagar Ext guideline value

The current guideline value for A.I.B.E.A Nagar Ext is Rs 711 per sq.ft. This area is located in Muthanampalayam village and falls under the Tiruppur Joint I SRO. The land classification for this street is Residential Special Type - I.

How the guideline value of A.I.B.E.A Nagar Ext has changed

The guideline value for A.I.B.E.A Nagar Ext has seen significant changes over the years. In the 2017 revision, the value was Rs 268 per sq.ft. It increased to Rs 711 per sq.ft in the 2023 revision, marking a substantial rise of 165%. The guideline value remained the same at Rs 711 per sq.ft in the 2024 revision, showing no change from the previous year.

There are no figures available for the years 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value increased by 165%.

Guideline values in Muthanampalayam

Muthanampalayam village has a total of 178 streets under the Tiruppur Joint I SRO, with guideline values ranging from Rs 700 to Rs 896 per sq.ft. The median guideline value for the village is Rs 700 per sq.ft, placing A.I.B.E.A Nagar Ext above this median.

• A.I.B.E.A Nagr: Rs 708 per sq.ft (2024)
• Alagapuri Nagar: Rs 708 per sq.ft (2024)
• Amaravathi Nagar: Rs 700 per sq.ft (2024)
• Ambal Nagar: Rs 700 per sq.ft (2024)
• Amman Nagar: Rs 708 per sq.ft (2024)
• Andhithottam: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in A.I.B.E.A Nagar Ext

For a 1,000 sq.ft plot at the current guideline value of Rs 711 per sq.ft, the total guideline value amounts to Rs 7,11,000. The stamp duty at 7% would be Rs 49,770, and the registration fee at 2% would be Rs 14,220, bringing the total fees to Rs 63,990. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers A.I.B.E.A Nagar Ext?

The A.I.B.E.A Nagar Ext area is covered by the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, in the Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor during property transactions in Muthanampalayam. It serves as a benchmark for determining the stamp duty and registration fees applicable when buying or selling property.

When registering a property, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of A.I.B.E.A Nagar Ext?

The current guideline value of A.I.B.E.A Nagar Ext is Rs 711 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 268 per sq.ft in 2017 to Rs 711 per sq.ft in 2023, marking a 165% increase. It remained the same in 2024.

What is the median guideline value in Muthanampalayam?

The median guideline value for Muthanampalayam village is Rs 700 per sq.ft, with A.I.B.E.A Nagar Ext being above this median at Rs 711 per sq.ft.

What are the stamp duty and registration fees for property in A.I.B.E.A Nagar Ext?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total fees amount to Rs 63,990.

Which office handles registrations for A.I.B.E.A Nagar Ext?

The Tiruppur Joint I Sub Registrar Office handles registrations for A.I.B.E.A Nagar Ext, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.