Guideline Value for ALANGADU HUTS WEST

Alangadu Huts West guideline value

The current guideline value of Alangadu Huts West is Rs 880 per sq.ft, effective from 1 July 2024. This area is located in the village of Tiruppur Joint II SRO and is classified as Residential Class IV Type - II.

How the guideline value of Alangadu Huts West has changed

Over the years, the guideline value of Alangadu Huts West has experienced several revisions. The earliest recorded value was Rs 455 per sq.ft in 2007, which increased to Rs 800 per sq.ft in 2012, marking a significant rise of 76%. However, from 2012 to 2017, the value decreased by 33% to Rs 536 per sq.ft. In 2023, the guideline value rose to Rs 800 per sq.ft, and in the most recent revision in 2024, it increased by 10% to Rs 880 per sq.ft.

To summarize the changes, from 2017 to 2023, the value increased by 49%, and from 2007 to 2024, it has risen by a total of 93%. The register does not have figures for the years 2002 and 2003 for this street.

Guideline values in Ward - M

In Ward - M, there are 225 streets under the Tiruppur Joint II SRO, with guideline values ranging from Rs 701 to Rs 6,600 per sq.ft. The median guideline value in this area is Rs 1,100 per sq.ft, making the 2024 figure for Alangadu Huts West below the median.

• Alangadu Huts South: Rs 880 per sq.ft (2024)
• Alangadu Koil Street: Rs 880 per sq.ft (2024)
• Alangadu Bleaching Factory Road: Rs 880 per sq.ft (2024)
• Alangadu Madan Kovilstreet: Rs 825 per sq.ft (2024)
• Alangadu 8th Street: Rs 880 per sq.ft (2024)
• Alangadu Municipal Colony: Rs 880 per sq.ft (2024)

Stamp duty and registration fee for property in Alangadu Huts West

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 at 7% would be Rs 61,600, and the registration fee at 2% would be Rs 17,600, bringing the total fees to Rs 79,200. It is important to note that duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Alangadu Huts West?

The Sub Registrar Office that covers Alangadu Huts West 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

When buying or selling property in Ward - M, the guideline value plays a crucial role in determining the applicable stamp duty and registration fees. The guideline value is set by the government and is used as a reference point for these fees during the registration process.

It is essential for buyers and sellers to be aware of the current guideline value, as it affects the overall cost of property transactions. The fees are calculated based on this value, ensuring that both parties are informed of the financial implications involved in the transaction.

Frequently asked questions

What is the current guideline value of Alangadu Huts West?

The current guideline value of Alangadu Huts West 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 455 per sq.ft in 2007 to Rs 880 per sq.ft in 2024, reflecting an overall increase of 93% over this period.

What is the land classification for Alangadu Huts West?

Alangadu Huts West is classified as Residential Class IV Type - II, indicating its use for residential purposes.

Where can I find the Sub Registrar Office for Alangadu Huts West?

The Sub Registrar Office for Alangadu Huts West is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 8,80,000, the total fees would be Rs 79,200.