Guideline Value for AGARAM NAGAR

Agaram Nagar guideline value

The current guideline value of Agaram Nagar is Rs 280 per sq.ft, effective from 1 July 2024. This area is located in Kallipalayam village, under the Ganapathy Sub Registrar Office (SRO), classified as Residential Class I Type - I.

How the guideline value of Agaram Nagar has changed

In the 2023 revision, the guideline value was Rs 250 per sq.ft. The most recent revision in 2024 has increased this figure to Rs 280 per sq.ft, reflecting a change of +12%. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

Thus, the only recorded revisions for Agaram Nagar are from 2023 and 2024. The increase from the previous year indicates a notable adjustment in the guideline value.

Guideline values in Kallipalayam

Kallipalayam village has a total of 72 streets under the Ganapathy SRO, with guideline values ranging from Rs 220 to Rs 1,200 per sq.ft. The median guideline value for these streets is Rs 280 per sq.ft, which is the same as Agaram Nagar's 2024 figure.

• Akshara Enclave: Rs 585 per sq.ft (2024)
• Aadhavan Avenue Extension: Rs 585 per sq.ft (2024)
• Amman Nagar: Rs 220 per sq.ft (2024)
• Amman Nagar Phase-I: Rs 280 per sq.ft (2024)
• Annamalai Nagar: Rs 280 per sq.ft (2024)
• Annamalai Park: Rs 280 per sq.ft (2024)

Stamp duty and registration fee for property in Agaram Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 280 per sq.ft, the total guideline value amounts to Rs 2,80,000. The stamp duty at 7% would be Rs 19,600, and the registration fee at 2% would be Rs 5,600, bringing the total fees to Rs 25,200. It is important to note that the 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 further calculations.

Which Sub Registrar Office covers Agaram Nagar?

The Agaram Nagar area falls under the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore. The postal code is 641006. You can find your SRO for more information.

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

The guideline value is essential for determining the stamp duty and registration fees when buying or selling property in Kallipalayam. It serves as a benchmark for the minimum value at which a property can be registered, ensuring transparency in property transactions.

When a property is sold, the guideline value helps in assessing the taxes applicable on the transaction. Buyers and sellers should be aware of the current guideline values to make informed decisions during the registration process.

Frequently asked questions

What is the current guideline value of Agaram Nagar?

The current guideline value of Agaram Nagar is Rs 280 per sq.ft, effective from 1 July 2024.

How has the guideline value changed recently?

The guideline value increased from Rs 250 per sq.ft in 2023 to Rs 280 per sq.ft in 2024, marking a change of +12%.

What is the land classification of Agaram Nagar?

Agaram Nagar is classified as Residential Class I Type - I under the Ganapathy SRO.

What are the stamp duty and registration fees for property transactions?

For a property valued at Rs 2,80,000, the stamp duty is Rs 19,600 and the registration fee is Rs 5,600, totaling Rs 25,200.

Which office handles registrations for Agaram Nagar?

The Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, handles registrations for Agaram Nagar.