Guideline Value for ALANKADU

Alankadu guideline value

The current guideline value of Alankadu, located in Veerapandi village under the Nallur_Tiruppur SRO, is Rs 713 per sq.ft, effective from 1 July 2024. This area falls under the Residential Class III Type - I land classification.

How the guideline value of Alankadu has changed

The guideline value for Alankadu has seen significant changes over the years. In 2007, the value was Rs 40 per sq.ft, which increased to Rs 300 per sq.ft in 2012. However, there was a decrease to Rs 201 per sq.ft in 2017. Following this, the value surged dramatically to Rs 700 per sq.ft in 2023. The most recent revision in 2024 has set the value at Rs 713 per sq.ft, reflecting a 2% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 1683%. It is important to note that the register has no figures for the years 2002 and 2003 for this street.

Guideline values in Veerapandi

In Veerapandi, there are 214 streets under the Nallur_Tiruppur SRO that carry a 2024 guideline value ranging from Rs 700 to Rs 2,750 per sq.ft. The median value is Rs 709 per sq.ft, placing Alankadu's 2024 figure above that median.

• Amaravathi Nagar: Rs 715 per sq.ft (2024)
• Amaravathi Nagar Extn.: Rs 715 per sq.ft (2024)
• Amaravathi Nagar Extn (Part II): Rs 715 per sq.ft (2024)
• AMBEDKAR COLONY (Sundamedu): Rs 700 per sq.ft (2024)
• Ambethkar Nagar: Rs 708 per sq.ft (2024)
• Amman Kovil North Street: Rs 709 per sq.ft (2024)

Stamp duty and registration fee for property in Alankadu

For a 1,000 sq.ft plot at the current rate of Rs 713 per sq.ft, the guideline value amounts to Rs 7,13,000. The stamp duty at 7% would be Rs 49,910, and the registration fee at 2% would be Rs 14,260, making the total Rs 64,170. It is important to note that 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 Alankadu?

The Sub Registrar Office that covers Alankadu is the Nallur_Tiruppur Sub Registrar Office, located near Hotel Riverview, Nagapattinam 611002, in the Coimbatore registration zone. For more information, you can find your SRO.

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

The guideline value plays a crucial role in property transactions in Veerapandi. It is used to determine the stamp duty and registration fees that buyers and sellers must pay when registering a property. This ensures that the government receives the appropriate revenue from property transactions.

When buying or selling property, it is essential to be aware of the current guideline value, as it can significantly impact the overall cost of the transaction. Buyers should ensure they are informed about the guideline value to avoid any surprises during the registration process.

Frequently asked questions

What is the current guideline value of Alankadu?

The current guideline value of Alankadu is Rs 713 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, from Rs 40 per sq.ft in 2007 to Rs 713 per sq.ft in 2024, marking an overall increase of 1683% over the years.

What is the land classification of Alankadu?

Alankadu falls under the Residential Class III Type - I land classification.

What are the stamp duty and registration fees for property in Alankadu?

For a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 64,170, based on the current guideline value of Rs 713 per sq.ft.

Where is the Sub Registrar Office for Alankadu located?

The Nallur_Tiruppur Sub Registrar Office is located near Hotel Riverview, Nagapattinam 611002, in the Coimbatore registration zone.