Guideline Value for ADVOCATE NAGARAJAN STREET

Advocate Nagarajan Street guideline value

The current guideline value of Advocate Nagarajan Street is Rs 660 per sq.ft, effective from 1 July 2024. This street is located in Ward - D village under the Udumalpettai SRO, classified as Residential Class IV Type - I.

How the guideline value of Advocate Nagarajan Street has changed

The guideline value for Advocate Nagarajan Street has undergone several revisions over the years. The oldest recorded revision is from 2012, where the guideline value was Rs 625 per sq.ft. This increased to Rs 419 per sq.ft in 2017, marking a decrease of 33%. The value then rose significantly to Rs 626 per sq.ft in 2023, and further increased to Rs 660 per sq.ft in the 2024 revision, reflecting a change of 5% from the previous year.

There are no recorded figures for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 6%.

Guideline values in Ward - D

In Ward - D, there are 54 streets under the Udumalpettai SRO that carry a 2024 guideline value ranging from Rs 380 to Rs 2,020 per sq.ft. The median guideline value is Rs 660 per sq.ft, which is equal to the current figure for Advocate Nagarajan Street.

• Ansari Street: Rs 500 per sq.ft (2024)
• Appavu Lane: Rs 2,020 per sq.ft (2024)
• Asad Street: Rs 660 per sq.ft (2024)
• Babukhan Street: Rs 660 per sq.ft (2024)
• Chidambaram Pillai Street: Rs 1,350 per sq.ft (2024)
• Dass Lane: Rs 475 per sq.ft (2024)

Stamp duty and registration fee for property in Advocate Nagarajan Street

For a 1,000 sq.ft plot at the current rate of Rs 660 per sq.ft, the guideline value is Rs 6,60,000. The stamp duty at 7% would be Rs 46,200, and the registration fee at 2% would be Rs 13,200, totaling Rs 59,400. 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 Advocate Nagarajan Street?

The Advocate Nagarajan Street falls under the Udumalpettai Sub Registrar Office located at 21, Katcheri Street, Taluk Office Campus, Udumalapet-642126, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward - D

The guideline value is a crucial factor during the registration of property transactions in Ward - D. It determines the stamp duty and registration fees that buyers must pay when purchasing property.

When selling property, the guideline value can also influence the selling price, as it is often used as a benchmark for determining the minimum price at which a property can be sold legally. Buyers and sellers should be aware of these values to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Advocate Nagarajan Street?

The current guideline value of Advocate Nagarajan Street is Rs 660 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 625 per sq.ft in 2012 to Rs 419 per sq.ft in 2017, then to Rs 626 per sq.ft in 2023, and finally to Rs 660 per sq.ft in 2024.

What is the median guideline value in Ward - D?

The median guideline value in Ward - D is Rs 660 per sq.ft, which is also the current guideline value for Advocate Nagarajan Street.

What are the stamp duty and registration fees for property in this area?

For a property valued at Rs 6,60,000, the stamp duty is Rs 46,200 and the registration fee is Rs 13,200, totaling Rs 59,400.

Which office handles registrations for Advocate Nagarajan Street?

The Udumalpettai Sub Registrar Office handles registrations for Advocate Nagarajan Street, located at 21, Katcheri Street, Taluk Office Campus, Udumalapet-642126, Coimbatore registration zone.