Guideline Value for ALANGADU 4TH STREET

Alangadu 4th Street guideline value

The current guideline value of Alangadu 4th Street is Rs 880 per sq.ft, effective from 1 July 2024. This street is located in Ward - M village under the Tiruppur Joint II SRO and falls under the Residential Class IV Type - II land classification.

How the guideline value of Alangadu 4th Street has changed

The guideline value for Alangadu 4th Street has undergone several revisions over the years. In 2007, the value was Rs 490 per sq.ft, which increased to Rs 800 per sq.ft in 2012. However, it saw a significant decrease to Rs 536 per sq.ft in 2017. The 2023 revision set the value at Rs 800 per sq.ft, and the most recent 2024 revision raised it to Rs 880 per sq.ft, marking a 10% increase from the previous year. Notably, the register has no figures for the years 2002 and 2003 for this street.

From 2017 to 2023, the value increased by 49%. The change from 2012 to 2017 was a decrease of 33%, while the increase from 2007 to 2012 was 63%. Overall, from 2007 to 2024, the guideline value has risen by 80%.

Guideline values in Ward - M

In Ward - M, there are 225 streets under the Tiruppur Joint II SRO with a 2024 guideline value ranging from Rs 701 to Rs 6,600 per sq.ft. The median value for these streets is Rs 1,100 per sq.ft, placing Alangadu 4th Street's 2024 figure below that median.

• Alangadu 3rd Street: Rs 880 per sq.ft (2024)
• Alangadu 5th Street: Rs 880 per sq.ft (2024)
• Alangadu 2nd Street: Rs 880 per sq.ft (2024)
• Alangadu 6th Street: Rs 880 per sq.ft (2024)
• Alangadu 1st Street: Rs 880 per sq.ft (2024)
• Alangadu 7th Street: Rs 880 per sq.ft (2024)

Stamp duty and registration fee for property in Alangadu 4th Street

For a 1,000 sq.ft plot at the current rate of Rs 880 per sq.ft, the guideline value amounts to Rs 8,80,000. The stamp duty is charged at 7%, totaling Rs 61,600, while the registration fee at 2% comes to Rs 17,600. Therefore, the total cost for stamp duty and registration fees would be Rs 79,200. Duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Alangadu 4th Street?

The Sub Registrar Office covering Alangadu 4th Street is the Tiruppur Joint II 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 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 of property transactions in Ward - M. It determines the minimum value at which a property can be registered and is used to calculate the stamp duty and registration fees applicable to the transaction.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, preventing undervaluation. Buyers and sellers should be aware of the current guideline value to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value of Alangadu 4th Street?

The current guideline value of Alangadu 4th 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, reflecting an overall increase of 80% over the years.

What is the stamp duty rate for property in Alangadu 4th Street?

The stamp duty for property transactions in Alangadu 4th Street is charged at 7% of the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office for Alangadu 4th Street located?

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

What are the other streets in Ward - M with the same guideline value?

Other streets in Ward - M with the same guideline value of Rs 880 per sq.ft include Alangadu 1st Street, Alangadu 2nd Street, Alangadu 3rd Street, Alangadu 5th Street, Alangadu 6th Street, and Alangadu 7th Street.