Guideline Value for AGHAM PARADISE

Agham Paradise guideline value

The current guideline value of Agham Paradise, located in Neruperichal village, is Rs 705 per sq.ft, effective from 1 July 2024. This property falls under the residential classification of Class I Type - III and is registered with the Tiruppur Joint I SRO.

How the guideline value of Agham Paradise has changed

The guideline value for Agham Paradise has seen significant changes over the years. In 2012, the guideline value was Rs 300 per sq.ft, which decreased to Rs 201 per sq.ft in 2017. However, from 2017 to 2023, the value surged by 251%, reaching Rs 705 per sq.ft, a figure that remained unchanged through the 2023 revision to the current 2024 rate.

There are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has increased by 135%, reflecting the current rate of Rs 705 per sq.ft.

Guideline values in Neruperichal

Neruperichal village has 171 streets under the Tiruppur Joint I SRO, with guideline values ranging from Rs 700 to Rs 1,008 per sq.ft. The median guideline value for these streets is Rs 705 per sq.ft, which is equal to the current value of Agham Paradise.

• Akilandammal Nagar: Rs 705 per sq.ft (2024)
• Amman Nagar: Rs 708 per sq.ft (2024)
• Annai Sathya Colony: Rs 705 per sq.ft (2024)
• Anna Nagar: Rs 896 per sq.ft (2024)
• Avs Naveen Garden: Rs 705 per sq.ft (2024)
• A.V.S Naveen Richland: Rs 705 per sq.ft (2024)

Stamp duty and registration fee for property in Agham Paradise

For a 1,000 sq.ft plot at the current guideline value of Rs 705 per sq.ft, the total guideline value would be Rs 7,05,000. The stamp duty at 7% would amount to Rs 49,350, and the registration fee at 2% would be Rs 14,100, bringing the total cost for these fees to Rs 63,450. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating these fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Agham Paradise?

The Agham Paradise property is covered by the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, in the Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value plays a crucial role during the registration of property transactions in Neruperichal. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately in the official records.

When buying or selling property, the guideline value is utilized to calculate the stamp duty and registration fees, which are mandatory costs associated with the transaction. This ensures that both buyers and sellers are aware of the financial obligations they will incur during the registration process.

Frequently asked questions

What is the current guideline value of Agham Paradise?

The current guideline value of Agham Paradise is Rs 705 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 300 per sq.ft in 2012 to Rs 201 per sq.ft in 2017, then increased to Rs 705 per sq.ft in 2023 and 2024, marking an overall increase of 135% from 2012 to 2024.

What are the other streets in Neruperichal with similar guideline values?

Other streets in Neruperichal include Akilandammal Nagar and Annai Sathya Colony, both at Rs 705 per sq.ft, while Amman Nagar is slightly higher at Rs 708 per sq.ft.

What fees are associated with buying property in Agham Paradise?

When purchasing property in Agham Paradise, buyers should expect to pay stamp duty at 7% and a registration fee at 2% of the guideline value. For example, a 1,000 sq.ft plot would incur a total fee of Rs 63,450.

Which office handles the registration for Agham Paradise?

The registration for Agham Paradise is managed by the Tiruppur Joint I Sub Registrar Office, located in Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.