Guideline Value for AANDIPALAYAM (RS.NO.2312/2,1566/2)

Aandipalayam (Rs.No.2312/2,1566/2) guideline value

The current guideline value for Aandipalayam (Rs.No.2312/2,1566/2) is Rs 200 per sq.ft, effective from 1 July 2024. This property is located in Aalampalayam village, under the Dharapuram SRO, with a land classification of Residential Class III Type - V.

How the guideline value of Aandipalayam (Rs.No.2312/2,1566/2) has changed

The guideline value for Aandipalayam has undergone several revisions over the years. In 2012, the guideline value was Rs 40 per sq.ft, which increased to Rs 27 per sq.ft in 2017. Following this, the value saw a significant rise to Rs 200 per sq.ft in both 2023 and 2024, showing an overall increase of 400% from 2012 to 2024. Notably, the register has no figure for this street for the years 2002, 2003, and 2007.

From 2017 to 2023, the guideline value increased by 641%, while there was a decrease of 33% from 2012 to 2017. The consistent value of Rs 200 per sq.ft from 2023 to 2024 indicates no change during that period.

Guideline values in Aalampalayam

Aalampalayam village has 26 streets under the Dharapuram SRO, all carrying a 2024 guideline value ranging from Rs 200 to Rs 200 per sq.ft, with the median also at Rs 200 per sq.ft. Aandipalayam's 2024 figure matches this median.

• Aalampalayam (Rs.No.1951/1): Rs 200 per sq.ft (2024)
• Aalampalayam Arijana Colony (Rs.No.1951/1): Rs 200 per sq.ft (2024)
• Goundaiyan Valasu Arijana Colony (Rs.No.1823/1a,1823/1b): Rs 200 per sq.ft (2024)
• Goundaiyan Valasu (Rs.No.1791/2): Rs 200 per sq.ft (2024)
• Karaiyur Goundaiyan Valasu Road (Rs.No.1703/4,1703/5): Rs 200 per sq.ft (2024)
• Karaiyur Karur Main Road (Rs.No.1693): Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Aandipalayam (Rs.No.2312/2,1566/2)

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, while the registration fee at 2% would be Rs 4,000, totaling Rs 18,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Aandipalayam (Rs.No.2312/2,1566/2)?

The Aandipalayam property is covered by the Dharapuram Sub Registrar Office, located at Taluk Office Compound, Dharapuram 638 656, Coimbatore registration zone. To find your SRO, visit find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions in Aalampalayam. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue from stamp duty and registration fees.

When buying or selling property, the guideline value is compared with the sale price. The higher of the two is used to calculate the applicable stamp duty and registration fees, which must be paid at the time of registration to complete the transaction legally.

Frequently asked questions

What is the current guideline value for Aandipalayam?

The current guideline value for Aandipalayam (Rs.No.2312/2,1566/2) is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 40 per sq.ft in 2012 to Rs 200 per sq.ft in 2023 and 2024, marking an overall increase of 400% from 2012 to 2024.

What is the land classification for Aandipalayam?

Aandipalayam is classified as Residential Class III Type - V, indicating its suitability for residential purposes.

Where is the Dharapuram Sub Registrar Office located?

The Dharapuram Sub Registrar Office is located at Taluk Office Compound, Dharapuram 638 656, Coimbatore registration zone.

How is stamp duty calculated for properties in Aandipalayam?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a 1,000 sq.ft plot at Rs 200 per sq.ft, the total guideline value would be Rs 2,00,000, leading to a stamp duty of Rs 14,000.