Guideline Value for AGRAGARA VEETHI

Agragara Veethi guideline value

The current guideline value of Agragara Veethi is Rs 711 per sq.ft, effective from 1 July 2024. This street is located in Kunnathur village, under the jurisdiction of the Kunnathur SRO, and is classified as Commercial Class I Type - I.

How the guideline value of Agragara Veethi has changed

The guideline value for Agragara Veethi has undergone several revisions over the years. In the 2007 revision, the value was Rs 193 per sq.ft, which increased significantly to Rs 710 per sq.ft in 2012. However, it saw a decrease to Rs 476 per sq.ft in 2017. The 2023 revision maintained the value at Rs 711 per sq.ft, which remains unchanged in the 2024 revision.

From 2017 to 2023, the guideline value increased by 49%. The change from 2012 to 2017 was a decrease of 33%. Notably, from 2007 to 2012, the guideline value experienced a substantial increase of 268%. Overall, from 2007 to 2024, the guideline value has increased by 268%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Kunnathur

In Kunnathur village, there are 17 streets under the Kunnathur SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 711 per sq.ft, with a median value of Rs 496 per sq.ft. Agragara Veethi's 2024 guideline value is above this median.

• Ananda Puram: Rs 200 per sq.ft (2024)
• Anbu Nagar: Rs 200 per sq.ft (2024)
• Bus Stand To Erikarai Starting: Rs 496 per sq.ft (2024)
• Bus Stand To Pumping Station: Rs 496 per sq.ft (2024)
• Chithaandipalaya M: Rs 200 per sq.ft (2024)
• Eswaran Kovil Street: Rs 711 per sq.ft (2024)

Stamp duty and registration fee for property in Agragara Veethi

For a 1,000 sq.ft plot at the current guideline value of Rs 711 per sq.ft, the total guideline value would be Rs 7,11,000. The stamp duty at 7% would amount to Rs 49,770, and the registration fee at 2% would be Rs 14,220, totaling Rs 63,990. 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 precise calculations.

Which Sub Registrar Office covers Agragara Veethi?

The Sub Registrar Office that covers Agragara Veethi is the Kunnathur Sub Registrar Office, located at No.348, Uthukuli Road, Kunnathur - 638103, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Kunnathur. It is used to determine the stamp duty and registration fees applicable to the transaction, ensuring that the fees are calculated based on the official value set by the government.

When a property is sold, the guideline value serves as a benchmark for the transaction's value. Buyers and sellers must consider this value to ensure compliance with legal requirements and to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Agragara Veethi?

The current guideline value of Agragara Veethi is Rs 711 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various changes, starting from Rs 193 per sq.ft in 2007 to Rs 711 per sq.ft in 2024. The most significant increase occurred between 2007 and 2012, with a rise of 268%.

What is the classification of the land in Agragara Veethi?

Agragara Veethi is classified as Commercial Class I Type - I, indicating its suitability for commercial activities.

Where can I find the Kunnathur Sub Registrar Office?

The Kunnathur Sub Registrar Office is located at No.348, Uthukuli Road, Kunnathur - 638103, Coimbatore registration zone.

How is the stamp duty calculated for properties in Agragara Veethi?

Stamp duty is 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 stamp duty would be Rs 49,770.