Guideline Value for AMANALINGA STREET

Amanalinga Street guideline value

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

How the guideline value of Amanalinga Street has changed

The guideline value for Amanalinga Street has undergone several revisions over the years. In 2003, the value was set at Rs 133 per sq.ft, which saw a significant increase to Rs 425 per sq.ft in 2012. However, this value decreased to Rs 285 per sq.ft in 2017 before rising to Rs 426 per sq.ft in 2023. The most recent revision, effective from 1 July 2024, has set the guideline value at Rs 475 per sq.ft, marking a 12% increase from the previous year.

Overall, from the 2003 revision to the 2024 revision, the guideline value has increased by 257%. It is important to note that there are no figures available for Amanalinga Street in the 2002 and 2007 revisions.

Guideline values in Ward - C

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

• Amanalinga Nadar 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 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, while the registration fee at 2% would be Rs 9,500. Together, the total cost for these fees would be Rs 42,750. It's important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Amanalinga Street?

The Sub Registrar Office that covers Amanalinga Street is the Udumalpettai Sub Registrar Office, located at 21, Katcheri Street, Taluk Office Campus, Udumalpet-642126, Coimbatore registration zone.

You can find your SRO for more details.

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

The guideline value is a crucial factor during the registration process when buying or selling property in Ward - C. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid, ensuring that these costs are calculated based on the official value set by the registration department.

When a property is sold, the guideline value helps in establishing a transparent and standardized valuation, which aids both buyers and sellers in understanding the financial implications of the transaction. This process ensures that all parties are aware of the necessary fees and taxes involved in property dealings.

Frequently asked questions

What is the current guideline value of Amanalinga Street?

The current guideline value of Amanalinga 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 seen various changes, increasing from Rs 133 per sq.ft in 2003 to Rs 475 per sq.ft in 2024, marking a total increase of 257% over this period.

What are the other streets in Ward - C with similar guideline values?

Other streets in Ward - C with similar guideline values include Amanalinga Nadar Street and Appavu Rowthar Street, both at Rs 475 per sq.ft in 2024.

What are the registration fees for property in Amanalinga Street?

The registration fees for a property in Amanalinga Street would include a stamp duty of 7% and a registration fee of 2% based on the guideline value, which can be calculated using the provided calculator.

Where can I find the Sub Registrar Office for Amanalinga Street?

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