Guideline Value for A.S PANDIT NAGAR EAST

A.S Pandit Nagar East guideline value

The current guideline value of A.S Pandit Nagar East is Rs 705 per sq.ft, effective from 1 July 2024. This area falls under the Tiruppur Joint II SRO and is classified as Residential Class II Type - I.

How the guideline value of A.S Pandit Nagar East has changed

Over the years, the guideline value of A.S Pandit Nagar East has seen several revisions. The earliest recorded figure is from 2007, where the value was Rs 155 per sq.ft. This increased to Rs 450 per sq.ft in 2012, but then decreased to Rs 301 per sq.ft in 2017. The significant jump occurred between 2017 and 2023, where the value rose by 133% to Rs 700 per sq.ft. The most recent revision in 2024 saw a slight increase of 1%, bringing the current value to Rs 705 per sq.ft.

There are no figures available for the revisions in 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 355%.

Guideline values in Ward - F

In Ward - F, there are 163 streets under the Tiruppur Joint II SRO carrying a 2024 guideline value ranging from Rs 701 to Rs 2,200 per sq.ft, with a median value of Rs 706 per sq.ft. The guideline value for A.S Pandit Nagar East is below this median.

• A.S Pandit Nagar: Rs 705 per sq.ft (2024)
• Bagavan Nagar: Rs 703 per sq.ft (2024)
• BAGAVATHI AMMAN KOIL street: Rs 701 per sq.ft (2024)
• Bagavathi Nagar: Rs 704 per sq.ft (2024)
• Andikkadu (Karumarampalayam): Rs 705 per sq.ft (2024)
• Anaikadu: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in A.S Pandit Nagar East

For a 1,000 sq.ft plot at the current guideline value of Rs 705 per sq.ft, the total guideline value would be Rs 7,05,000. The stamp duty at 7% would be Rs 49,350, and the registration fee at 2% would be Rs 14,100, making the total cost for these fees Rs 63,450. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers A.S Pandit Nagar East?

The A.S Pandit Nagar East area is covered by the Tiruppur Joint II 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 Ward - F

The guideline value is a crucial factor during the registration of property transactions in Ward - F. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duties and registration fees.

When buying or selling property, the guideline value is assessed to calculate the applicable stamp duty and registration fees. This ensures transparency and consistency in property transactions across the region.

Frequently asked questions

What is the current guideline value of A.S Pandit Nagar East?

The current guideline value of A.S Pandit Nagar East is Rs 705 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 155 per sq.ft in 2007 to Rs 705 per sq.ft in 2024, marking an overall increase of 355% over the years.

What are the stamp duty and registration fees for properties in A.S Pandit Nagar East?

For a 1,000 sq.ft property, the total guideline value is Rs 7,05,000. The stamp duty would be Rs 49,350 and the registration fee would be Rs 14,100, totaling Rs 63,450.

Which Sub Registrar Office covers A.S Pandit Nagar East?

The Tiruppur Joint II Sub Registrar Office covers A.S Pandit Nagar East, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.

What is the classification of land in A.S Pandit Nagar East?

A.S Pandit Nagar East is classified as Residential Class II Type - I, which indicates its use for residential purposes.