Guideline Value for ALANGADU 1ST STREET

Alangadu 1st Street guideline value

The current guideline value of Alangadu 1st Street is Rs 880 per sq.ft. This street is located in Ward - M village, under the Tiruppur Joint II SRO. The land classification for this area is Residential Class IV Type - II.

How the guideline value of Alangadu 1st Street has changed

The guideline value for Alangadu 1st Street has seen several revisions over the years. In the 2007 revision, the value was Rs 490 per sq.ft, which increased to Rs 800 per sq.ft in 2012. However, in the 2017 revision, it dropped to Rs 536 per sq.ft. The 2023 revision set the value at Rs 800 per sq.ft, and the latest revision in 2024 has raised it to Rs 880 per sq.ft. The changes between these revisions include a 63% increase from 2007 to 2012, a 33% decrease from 2012 to 2017, a 49% increase from 2017 to 2023, and a 10% increase from 2023 to 2024.

It is important to note that the register has no figures for the years 2002 and 2003 for this street. Overall, the guideline value has increased by 80% from 2007 to 2024.

Guideline values in Ward - M

In Ward - M, there are 225 streets under the Tiruppur Joint II SRO that carry a 2024 guideline value ranging from Rs 701 to Rs 6,600 per sq.ft. The median value is Rs 1,100 per sq.ft, which means that Alangadu 1st Street's 2024 figure is below that median.

• Alangadu: Rs 880 per sq.ft (2024)
• Alangadu 2nd Street: Rs 880 per sq.ft (2024)
• Alangadu 3rd Street: Rs 880 per sq.ft (2024)
• Alangadu 4th Street: Rs 880 per sq.ft (2024)
• Alangadu 5th Street: Rs 880 per sq.ft (2024)
• Alangadu 6th Street: Rs 880 per sq.ft (2024)

Stamp duty and registration fee for property in Alangadu 1st Street

For a 1,000 sq.ft plot at the current rate of Rs 880 per sq.ft, the guideline value would be Rs 8,80,000. The stamp duty at 7% would amount to Rs 61,600, and the registration fee at 2% would be Rs 17,600, totaling Rs 79,200. 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 more details.

Which Sub Registrar Office covers Alangadu 1st Street?

The Sub Registrar Office that covers Alangadu 1st 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 - M

The guideline value is a crucial factor in the registration process when buying or selling property in Ward - M. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is sold, the guideline value helps ensure that the registration fees are calculated fairly based on the property's assessed value. Buyers and sellers should be aware of the guideline value to understand the financial implications of their transactions.

Frequently asked questions

What is the current guideline value of Alangadu 1st Street?

The current guideline value of Alangadu 1st Street is Rs 880 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 490 per sq.ft in 2007 to Rs 880 per sq.ft in 2024, representing an overall increase of 80%.

What are the stamp duty and registration fees for property in Alangadu 1st Street?

For a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 79,200, based on the current guideline value of Rs 8,80,000.

Which Sub Registrar Office covers Alangadu 1st Street?

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

What is the land classification for Alangadu 1st Street?

The land classification for Alangadu 1st Street is Residential Class IV Type - II.