Guideline Value for AGASTHILINGAMPALAYAM

Agasthilingampalayam guideline value

The current guideline value of Agasthilingampalayam is Rs 448 per sq.ft, effective from 1 July 2024. This area is located in Kangeyam village, under the Kangeyam SRO, and is classified as Residential Class II Type - I.

How the guideline value of Agasthilingampalayam has changed

The guideline value has undergone several revisions over the years. The 2012 revision set the value at Rs 400 per sq.ft, which was followed by a decrease to Rs 268 per sq.ft in the 2017 revision. However, from 2017 to 2023, there was a significant increase to Rs 400 per sq.ft, and the latest revision in 2024 has further increased it to Rs 448 per sq.ft, marking a 12% rise from the previous year.

From 2012 to 2024, the overall change in the guideline value is an increase of 12%. Notably, the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Kangeyam

Kangeyam has a total of 202 streets under the Kangeyam SRO, with the 2024 guideline values ranging from Rs 331 to Rs 1,120 per sq.ft. The median value is Rs 448 per sq.ft, which is equal to the guideline value of Agasthilingampalayam for 2024.

• Agasthilingampalayam (North): Rs 616 per sq.ft (2024)
• Agasthilingampalayam Road: Rs 448 per sq.ft (2024)
• Agilandapuram: Rs 336 per sq.ft (2024)
• AGILANDAPURAM Road: Rs 832 per sq.ft (2024)
• Aditya Garden Phase-2: Rs 616 per sq.ft (2024)
• Agragaravethi Street: Rs 1,120 per sq.ft (2024)

Stamp duty and registration fee for property in Agasthilingampalayam

For a 1,000 sq.ft plot at the current guideline value of Rs 448 per sq.ft, the total guideline value would be Rs 4,48,000. The stamp duty at 7% would be Rs 31,360, and the registration fee at 2% would be Rs 8,960, bringing the total fees to Rs 40,320. 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 Agasthilingampalayam?

The Sub Registrar Office that covers Agasthilingampalayam is the Kangeyam Sub Registrar Office, located at No.8, Taluk Office Campus, Kangeyam - 638701, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process for property transactions in Kangeyam. It serves as a benchmark for determining the minimum value on which stamp duty and registration fees are calculated.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, helping to maintain transparency in property dealings. It is essential for both buyers and sellers to be aware of the current guideline value to facilitate a smooth transaction.

Frequently asked questions

What is the current guideline value of Agasthilingampalayam?

The current guideline value of Agasthilingampalayam is Rs 448 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2012 to Rs 268 per sq.ft in 2017, then increased to Rs 400 per sq.ft in 2023, and finally to Rs 448 per sq.ft in 2024.

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

For a property valued at Rs 4,48,000, the stamp duty would be Rs 31,360, and the registration fee would be Rs 8,960, totaling Rs 40,320.

Which Sub Registrar Office covers Agasthilingampalayam?

The Sub Registrar Office for Agasthilingampalayam is the Kangeyam Sub Registrar Office, located at No.8, Taluk Office Campus, Kangeyam - 638701, Coimbatore registration zone.

Where can I find more information about guideline values in Kangeyam?

You can find more information about guideline values in Kangeyam by visiting the official registration department's website or referring to the guideline value register.