Guideline Value for AMMAN NAGAR ¢(5/2,6/3,7/1,6)

Amman Nagar ¢(5/2,6/3,7/1,6) guideline value

The current guideline value for Amman Nagar ¢(5/2,6/3,7/1,6) is Rs 709 per sq.ft, effective from 1 July 2024. This property is located in Veerapandi village, under the Nallur_Tiruppur SRO, and is classified as Residential Class IV Type - I.

How the guideline value of Amman Nagar ¢(5/2,6/3,7/1,6) has changed

The guideline value for Amman Nagar ¢(5/2,6/3,7/1,6) has seen a change from Rs 700 per sq.ft in the 2023 revision to Rs 709 per sq.ft in the 2024 revision, marking an increase of 1%. Prior to the 2023 revision, the register has no figure for this street in the years 2017, 2012, 2007, 2003, and 2002.

In summary, the only available figures for this street are Rs 700 per sq.ft in 2023 and Rs 709 per sq.ft in 2024. The guideline value has been consistent with the median value of Rs 709 per sq.ft for other streets in Veerapandi as of 2024.

Guideline values in Veerapandi

Veerapandi village contains 214 streets under the Nallur_Tiruppur SRO, with guideline values ranging from Rs 700 to Rs 2,750 per sq.ft. The current guideline value for Amman Nagar ¢(5/2,6/3,7/1,6) matches the median value of Rs 709 per sq.ft.

• Amman Nagar (509): Rs 709 per sq.ft (2024)
• Ammannagar Extn: Rs 709 per sq.ft (2024)
• Amman Kovil North Street: Rs 709 per sq.ft (2024)
• Ambethkar Nagar: Rs 708 per sq.ft (2024)
• AMBEDKAR COLONY (Sundamedu): Rs 700 per sq.ft (2024)
• Amaravathi Nagar Extn (Part II): Rs 715 per sq.ft (2024)

Stamp duty and registration fee for property in Amman Nagar ¢(5/2,6/3,7/1,6)

For a 1,000 sq.ft plot at the current guideline value of Rs 709 per sq.ft, the total guideline value would be Rs 7,09,000. The stamp duty at 7% would amount to Rs 49,630, and the registration fee at 2% would be Rs 14,180, bringing the total fees to Rs 63,810. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Amman Nagar ¢(5/2,6/3,7/1,6)?

The Sub Registrar Office that covers Amman Nagar ¢(5/2,6/3,7/1,6) is the Nallur_Tiruppur Sub Registrar Office, located near Hotel Riverview, Nagapattinam 611002, in the Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is a critical factor in the registration process for buying or selling property in Veerapandi. It serves as the basis for calculating the stamp duty and registration fees, which are mandatory during the transaction.

When a property is sold, the guideline value ensures that the transaction is registered at a fair value, helping to maintain transparency and accountability in property dealings. Buyers and sellers should be aware of the guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value for Amman Nagar ¢(5/2,6/3,7/1,6)?

The current guideline value for Amman Nagar ¢(5/2,6/3,7/1,6) is Rs 709 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed from 2023 to 2024?

The guideline value increased by 1% from Rs 700 per sq.ft in 2023 to Rs 709 per sq.ft in 2024.

What is the classification of land in Amman Nagar?

Amman Nagar is classified as Residential Class IV Type - I according to the guideline value register.

Where can I find the Nallur_Tiruppur Sub Registrar Office?

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

How is the stamp duty calculated for properties in Amman Nagar?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot valued at Rs 7,09,000, the stamp duty would be Rs 49,630.