Guideline Value for AMARJOTHIBHUVENESHWARI NAGAR

Amarjothibhuveneshwari Nagar guideline value

The current guideline value of Amarjothibhuveneshwari Nagar is Rs 701 per sq.ft. This area is located in Andipalayam village under the Tiruppur Joint I SRO, classified as Residential Class I Type - I.

How the guideline value of Amarjothibhuveneshwari Nagar has changed

The guideline value for Amarjothibhuveneshwari Nagar has undergone several revisions over the years. The 2012 revision set the value at Rs 275 per sq.ft, which changed to Rs 218 per sq.ft in 2017, marking a decrease of 21%. However, from 2017 to 2023, the value increased significantly to Rs 701 per sq.ft, reflecting a rise of 222%. The most recent revision in 2024 maintained the value at Rs 701 per sq.ft, showing no change from the previous year.

There are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has increased by 155%.

Guideline values in Andipalayam

In Andipalayam, there are 66 streets under the Tiruppur Joint I SRO that carry a 2024 guideline value ranging from Rs 700 to Rs 1,045 per sq.ft, with a median value of Rs 701 per sq.ft. The guideline value for Amarjothibhuveneshwari Nagar aligns with this median.

• Amman Nagar: Rs 701 per sq.ft (2024)
• Annamalai Nagar: Rs 700 per sq.ft (2024)
• Annamalaiyar Sakthi Nagar: Rs 700 per sq.ft (2024)
• Brindhavan Avenue: Rs 701 per sq.ft (2024)
• Cheran Avenue: Rs 700 per sq.ft (2024)
• Chinnandipalayam: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Amarjothibhuveneshwari Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 701 per sq.ft, the total guideline value would be Rs 7,01,000. The stamp duty at 7% would amount to Rs 49,070, and the registration fee at 2% would be Rs 14,020, bringing the total fees to Rs 63,090. It is important to note that 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 Amarjothibhuveneshwari Nagar?

The Sub Registrar Office that covers Amarjothibhuveneshwari Nagar is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of properties in Andipalayam. It serves as a baseline for determining the stamp duty and registration fees, which are calculated based on this value or the sale price, whichever is higher.

When buying or selling property, it is essential to be aware of the guideline value as it impacts the overall cost incurred during the transaction. Buyers should ensure that the property value aligns with the guideline value to avoid discrepancies during registration.

Frequently asked questions

What is the current guideline value of Amarjothibhuveneshwari Nagar?

The current guideline value of Amarjothibhuveneshwari Nagar is Rs 701 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen changes from Rs 275 per sq.ft in 2012 to Rs 701 per sq.ft in 2024, reflecting an overall increase of 155% since 2012.

What is the stamp duty rate for properties in Amarjothibhuveneshwari Nagar?

The stamp duty rate for properties in Amarjothibhuveneshwari Nagar is 7%, which is calculated based on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Amarjothibhuveneshwari Nagar?

The Sub Registrar Office for Amarjothibhuveneshwari Nagar is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

What other streets in Andipalayam have a similar guideline value?

Other streets in Andipalayam with similar guideline values include Amman Nagar and Brindhavan Avenue, both at Rs 701 per sq.ft in 2024.