Guideline Value for AGRAHARA STREET WARD-5

Agrahara Street Ward-5 guideline value

The current guideline value of Agrahara Street Ward-5 is Rs 250 per sq.ft, effective from 1 July 2024. This street is located in Kaniyur village, under the Kaniyur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Agrahara Street Ward-5 has changed

In the 2007 revision, the guideline value was Rs 42 per sq.ft. It increased significantly to Rs 250 per sq.ft in the 2012 revision, marking an increase of 495%. However, in the 2017 revision, the value dropped to Rs 167 per sq.ft, a decrease of 33%. The guideline value then rose to Rs 250 per sq.ft in the 2023 revision, maintaining the same figure in the 2024 revision, indicating no change from the previous year.

The revisions for the years 2002 and 2003 have no figures listed for Agrahara Street Ward-5. Overall, from 2007 to 2024, the guideline value has increased by 495%.

Guideline values in Kaniyur

In Kaniyur, there are 49 streets under the Kaniyur SRO that have a 2024 guideline value ranging from Rs 200 to Rs 300 per sq.ft, with a median of Rs 250 per sq.ft. Agrahara Street Ward-5's 2024 figure aligns with this median.

• Annamar Kovil Street Ward -11: Rs 250 per sq.ft (2024)
• Annamar Kovil Street Ward -12: Rs 250 per sq.ft (2024)
• Anna Nagar Ward-5: Rs 200 per sq.ft (2024)
• Bajanai Kovil Street-1 Ward -8: Rs 250 per sq.ft (2024)
• Cinema Hall Street Ward -6: Rs 250 per sq.ft (2024)
• Dharakurar Street-1 Ward-8: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Agrahara Street Ward-5

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 2,50,000. The stamp duty at 7% amounts to Rs 17,500, and the registration fee at 2% is Rs 5,000, totaling Rs 22,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Agrahara Street Ward-5?

The Sub Registrar Office that covers Agrahara Street Ward-5 is the Kaniyur Sub Registrar Office, located at 61, Madathukulam Main Road, Kaniyur, Madathukulam Taluk, Tirupur District - 642 203, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Kaniyur. It is used to determine the stamp duty and registration fees applicable during the sale or purchase of property. Buyers and sellers must refer to the guideline value to understand the financial implications of their transactions.

When registering property, the guideline value is considered to ensure that the correct fees are paid. This helps maintain transparency and standardization in property transactions within the region.

Frequently asked questions

What is the current guideline value of Agrahara Street Ward-5?

The current guideline value of Agrahara Street Ward-5 is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value of Agrahara Street Ward-5 has seen several revisions, with the most significant increase occurring from Rs 42 per sq.ft in 2007 to Rs 250 per sq.ft in 2012, a rise of 495%. The value has remained at Rs 250 per sq.ft from 2023 to 2024.

What is the land classification of Agrahara Street Ward-5?

Agrahara Street Ward-5 is classified as Residential Class I Type - I, indicating its suitability for residential purposes.

Where is the Kaniyur Sub Registrar Office located?

The Kaniyur Sub Registrar Office is located at 61, Madathukulam Main Road, Kaniyur, Madathukulam Taluk, Tirupur District - 642 203, Coimbatore registration zone.

How is stamp duty calculated for property in Agrahara Street Ward-5?

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 valued at Rs 2,50,000, the stamp duty would be Rs 17,500 at a rate of 7%.