Guideline Value for AMANALINGA NADAR STREET

Amanalinga Nadar Street guideline value

The current guideline value of Amanalinga Nadar Street is Rs 475 per sq.ft, effective from 1 July 2024. This street is located in Ward - C village under the Udumalpettai SRO and is classified as Residential Class IV Type - II.

How the guideline value of Amanalinga Nadar Street has changed

The guideline value for Amanalinga Nadar Street has seen several revisions over the years. The oldest recorded figure is from 2012, when it was Rs 425 per sq.ft. In 2017, this value decreased to Rs 285 per sq.ft, marking a decline of 33%. However, in the following years, the value increased significantly, reaching Rs 426 per sq.ft in 2023, and further rising to Rs 475 per sq.ft in 2024, which is a 12% increase from the previous year.

There are no recorded figures for the years 2002, 2003, and 2007 for Amanalinga Nadar Street. Overall, from 2012 to 2024, the guideline value has increased by 12%.

Guideline values in Ward - C

In Ward - C, there are 106 streets under the Udumalpettai SRO with a 2024 guideline value ranging from Rs 380 to Rs 2,020 per sq.ft. The median value is Rs 475 per sq.ft, which is equal to the 2024 figure for Amanalinga Nadar Street.

• Amanalinga Street: Rs 475 per sq.ft (2024)
• Agathiar Lane: Rs 380 per sq.ft (2024)
• Angappan Lane: Rs 380 per sq.ft (2024)
• Appavu Rowthar Street: Rs 475 per sq.ft (2024)
• Appukutti Lane: Rs 380 per sq.ft (2024)
• Arulmozhi Lane: Rs 660 per sq.ft (2024)

Stamp duty and registration fee for property in Amanalinga Nadar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 475 per sq.ft, the total guideline value would be Rs 4,75,000. The stamp duty at 7% would amount to Rs 33,250, and the registration fee at 2% would be Rs 9,500, totaling Rs 42,750. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Amanalinga Nadar Street?

Amanalinga Nadar Street falls under the Udumalpettai Sub Registrar Office. The address is Sub Registrar Office, Udumalpet, 21, Katcheri Street, Taluk Office Campus, Udumalapet-642126, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward - C

The guideline value is a crucial factor in property transactions in Ward - C. It serves as a benchmark for determining the stamp duty and registration fees when buying or selling a property. This ensures that the government receives the appropriate revenue based on the property's assessed value.

When registering a property, the buyer must pay the stamp duty and registration fees based on the guideline value or the actual sale price, whichever is higher. This process helps maintain transparency and fairness in property transactions.

Frequently asked questions

What is the current guideline value of Amanalinga Nadar Street?

The current guideline value of Amanalinga Nadar Street is Rs 475 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 425 per sq.ft in 2012 to Rs 475 per sq.ft in 2024, with significant changes in between, including a drop to Rs 285 per sq.ft in 2017 and an increase to Rs 426 per sq.ft in 2023.

What is the land classification for Amanalinga Nadar Street?

Amanalinga Nadar Street is classified as Residential Class IV Type - II.

What is the stamp duty rate for properties in Amanalinga Nadar Street?

The stamp duty rate for properties in Amanalinga Nadar Street is 7% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Amanalinga Nadar Street located?

The Sub Registrar Office for Amanalinga Nadar Street is located at Sub Registrar Office, Udumalpet, 21, Katcheri Street, Taluk Office Campus, Udumalapet-642126, Coimbatore registration zone.