Guideline Value for AGATHIAR LANE

Agathiar Lane guideline value

The current guideline value of Agathiar Lane is Rs 380 per sq.ft, effective from 1 July 2024. This street is located in Ward - C village under the Udumalpettai SRO and is classified as Residential Class V Type - I.

How the guideline value of Agathiar Lane has changed

Over the years, the guideline value of Agathiar Lane has seen several revisions. The 2012 revision recorded a value of Rs 350 per sq.ft, which then decreased to Rs 234 per sq.ft in 2017. Following this, the value increased significantly to Rs 350 per sq.ft in 2023, and finally to Rs 380 per sq.ft in the 2024 revision, marking a 9% increase from the previous year.

From 2017 to 2023, the guideline value increased by 50%. Overall, from the 2012 revision to the 2024 revision, there has been a total increase of 9%. It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street.

Guideline values in Ward - C

In Ward - C, there are 106 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 for these streets is Rs 475 per sq.ft, placing Agathiar Lane's 2024 figure below this median.

• Amanalinga Nadar Street: Rs 475 per sq.ft (2024)
• Amanalinga Street: Rs 475 per sq.ft (2024)
• Angappan Lane: Rs 380 per sq.ft (2024)
• Appavu Rowthar Street: Rs 475 per sq.ft (2024)
• Appukutti Lane: Rs 380 per sq.ft (2024)
• Arulmozhi Lane: Rs 660 per sq.ft (2024)

Stamp duty and registration fee for property in Agathiar Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 380 per sq.ft, the total guideline value would be Rs 3,80,000. The stamp duty at 7% would amount to Rs 26,600, and the registration fee at 2% would be Rs 7,600, bringing the total cost for these fees to Rs 34,200. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Agathiar Lane?

The Sub Registrar Office covering Agathiar Lane is 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 - C

The guideline value is a crucial factor when registering property transactions in Ward - C. It serves as a benchmark for determining the applicable stamp duty and registration fees during the sale or purchase of property.

When a buyer or seller approaches the Sub Registrar Office, the guideline value is used to calculate the fees based on the property’s size and the current rates. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Agathiar Lane?

The current guideline value of Agathiar Lane is Rs 380 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 350 per sq.ft in 2012 to Rs 234 per sq.ft in 2017, then to Rs 350 per sq.ft in 2023, and finally to Rs 380 per sq.ft in 2024.

What is the median guideline value in Ward - C?

The median guideline value in Ward - C is Rs 475 per sq.ft, which is above the current guideline value of Agathiar Lane.

What fees are applicable for property transactions in Agathiar Lane?

For a property in Agathiar Lane, the stamp duty is charged at 7%, and the registration fee is charged at 2% of the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office located for Agathiar Lane?

The Udumalpettai Sub Registrar Office is located at 21, Katcheri Street, Taluk Office Campus, Udumalapet - 642126, Coimbatore registration zone.