Guideline Value for AGATHIGYAR STREET

Agathigyar Street guideline value

The current guideline value of Agathigyar Street is Rs 706 per sq.ft, effective from 1 July 2024. This street is located in Ward - H village under the Tiruppur Joint II SRO and falls under the Residential Class III Type - I land classification.

How the guideline value of Agathigyar Street has changed

The guideline value for Agathigyar Street has seen several revisions over the years. The 2007 revision set the value at Rs 495 per sq.ft, which increased to Rs 700 per sq.ft in 2012, marking a 41% rise. However, there was a significant drop in the 2017 revision, where the value decreased to Rs 469 per sq.ft, a reduction of 33%. The value then rose sharply to Rs 700 per sq.ft in 2023, representing a 49% increase from the 2017 figure. The latest revision in 2024 has set the value at Rs 706 per sq.ft, reflecting a 1% increase from the previous year.

It is important to note that the guideline value register has no figures for Agathigyar Street for the years 2002 and 2003. Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 43%.

Guideline values in Ward - H

In Ward - H, there are 166 streets under the Tiruppur Joint II SRO with a 2024 guideline value ranging from Rs 701 to Rs 4,400 per sq.ft. The median value for these streets is Rs 990 per sq.ft, placing Agathigyar Street's value below that median.

• Adhidravidar Street: Rs 702 per sq.ft (2024)
• Adhidravidar Colony: Rs 701 per sq.ft (2024)
• Arthanari Chettiar Lane: Rs 825 per sq.ft (2024)
• Arthanari Street: Rs 706 per sq.ft (2024)
• Arunthathiar Colony: Rs 701 per sq.ft (2024)
• Boyar Street: Rs 706 per sq.ft (2024)

Stamp duty and registration fee for property in Agathigyar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 706 per sq.ft, the total guideline value would be Rs 7,06,000. The stamp duty at 7% would amount to Rs 49,420, and the registration fee at 2% would be Rs 14,120, bringing the total cost for these fees to Rs 63,540. It is important to note that the 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 details.

Which Sub Registrar Office covers Agathigyar Street?

The Sub Registrar Office that covers Agathigyar Street is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Ward - H. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that all transactions are conducted transparently and fairly.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees. Buyers should be aware that these fees are based on the guideline value or the sale price, whichever is higher, which can significantly impact the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Agathigyar Street?

The current guideline value of Agathigyar Street is Rs 706 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 495 per sq.ft in 2007 to Rs 706 per sq.ft in 2024, reflecting an overall increase of 43% over the years.

What is the land classification of Agathigyar Street?

Agathigyar Street falls under the Residential Class III Type - I land classification.

Where is the Sub Registrar Office located?

The Tiruppur Joint II Sub Registrar Office is located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are 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 rate, the total fees would amount to Rs 63,540.