Guideline Value for AG Nagar

AG Nagar guideline value

The current guideline value of AG Nagar, located in Idikarai village under the Periyanayakkan Palayam SRO, is Rs 271 per sq.ft. This value was established in the 2023 revision. The land classification for this area is Residential Class I Type - II.

How the guideline value of AG Nagar has changed

Over the years, the guideline value of AG Nagar has seen several revisions. The 2012 revision set the value at Rs 270 per sq.ft, which then decreased to Rs 181 per sq.ft in the 2017 revision, marking a decline of 33%. However, the most recent revision in 2023 saw a significant increase of 50%, bringing the guideline value back up to Rs 271 per sq.ft.

When looking at the overall changes from 2012 to 2023, the guideline value has remained relatively stable, with no significant increase, as it stands at Rs 271 per sq.ft in 2023, the same as in 2012. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Idikarai

Currently, there are no specific village figures available for Idikarai. AG Nagar is one of the streets under the Periyanayakkan Palayam SRO. Unfortunately, there are no other streets in Idikarai listed with guideline values.

Stamp duty and registration fee for property in AG Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 271 per sq.ft, the total guideline value would be Rs 2,71,000. The stamp duty at 7% would amount to Rs 18,970, while the registration fee at 2% would be Rs 5,420, bringing the total charges to Rs 24,390. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers AG Nagar?

The Sub Registrar Office that covers AG Nagar is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Idikarai. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value is used to assess the applicable duties, ensuring that the transaction is recorded accurately. Buyers and sellers should be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of AG Nagar?

The current guideline value of AG Nagar is Rs 271 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 270 per sq.ft in 2012 to Rs 181 per sq.ft in 2017, and then increased to Rs 271 per sq.ft in 2023.

What is the land classification for AG Nagar?

The land classification for AG Nagar is Residential Class I Type - II.

Where is the Sub Registrar Office for AG Nagar located?

The Sub Registrar Office for AG Nagar is located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

How is stamp duty calculated for properties in AG Nagar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 18,970.