Guideline Value for ALAGHU NAGAR (CIVIL AERODROME)

Alaghu Nagar (Civil Aerodrome) guideline value

The current guideline value of Alaghu Nagar (Civil Aerodrome) is Rs 1,065 per sq.ft, effective from 1 July 2024. This property is located in Kalapatty_west village and falls under the Gandhipuram SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Alaghu Nagar (Civil Aerodrome) has changed

In the 2017 revision, the guideline value was Rs 536 per sq.ft. This increased significantly to Rs 1,000 per sq.ft in the 2023 revision, marking an 87% rise. The most recent revision in 2024 saw the value increase to Rs 1,065 per sq.ft, reflecting a 7% increase from the previous year. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Overall, from 2017 to 2024, the guideline value has increased by 99%. This substantial rise indicates a significant change in the valuation of properties in Alaghu Nagar (Civil Aerodrome) over the years.

Guideline values in Kalapatty_west

In Kalapatty_west, there are 357 streets under the Gandhipuram SRO that carry a 2024 guideline value ranging from Rs 1,010 to Rs 3,920 per sq.ft. The median value for these streets is Rs 1,060 per sq.ft, placing Alaghu Nagar (Civil Aerodrome) slightly above this median.

• Alex Anenue: Rs 1,045 per sq.ft (2024)
• Airport Colony (Civil Aerodrome): Rs 1,055 per sq.ft (2024)
• Agam: Rs 1,055 per sq.ft (2024)
• Amman Nagar: Rs 1,050 per sq.ft (2024)
• Aalayam Avenue: Rs 1,065 per sq.ft (2024)
• Annai Garden (Kalappatti): Rs 1,065 per sq.ft (2024)

Stamp duty and registration fee for property in Alaghu Nagar (Civil Aerodrome)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,065 per sq.ft, the total guideline value would be Rs 10,65,000. The stamp duty at 7% would amount to Rs 74,550, and the registration fee at 2% would be Rs 21,300, bringing the total fees to Rs 95,850. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Alaghu Nagar (Civil Aerodrome)?

The Sub Registrar Office that covers Alaghu Nagar (Civil Aerodrome) is the Gandhipuram Sub Registrar Office, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti - 641035, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration of property transactions in Kalapatty_west. It determines the minimum value at which a property can be registered, ensuring that the transaction is documented at a fair price as per government regulations.

When buying or selling property, the guideline value affects the stamp duty and registration fees that need to be paid. These fees are calculated based on the guideline value or the sale price, whichever is higher, ensuring that the state receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Alaghu Nagar (Civil Aerodrome)?

The current guideline value of Alaghu Nagar (Civil Aerodrome) is Rs 1,065 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen significant changes, increasing from Rs 536 per sq.ft in 2017 to Rs 1,065 per sq.ft in 2024. This represents an overall increase of 99% over these years.

What is the median guideline value in Kalapatty_west?

The median guideline value in Kalapatty_west is Rs 1,060 per sq.ft for the year 2024. Alaghu Nagar (Civil Aerodrome) is slightly above this median value.

What are the stamp duty rates applicable in Alaghu Nagar (Civil Aerodrome)?

The stamp duty rate applicable is 7% of the guideline value or sale price, whichever is higher. Additionally, there is a registration fee of 2% on the same value.

Where can I find the Sub Registrar Office for Alaghu Nagar (Civil Aerodrome)?

The Sub Registrar Office for Alaghu Nagar (Civil Aerodrome) is located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti - 641035, Coimbatore registration zone.