Guideline Value for AMMAN NAGAR

Amman Nagar guideline value

The current guideline value of Amman Nagar, located in Neruperichal village, is Rs 708 per sq.ft. This value is effective from the 2024 revision and falls under the Residential Class I Type - I land classification within the Tiruppur Joint I SRO.

How the guideline value of Amman Nagar has changed

The guideline value for Amman Nagar has seen several revisions over the years. The 2012 revision set the value at Rs 400 per sq.ft, which increased to Rs 268 per sq.ft in the 2017 revision. The 2023 revision maintained the value at Rs 708 per sq.ft, which remains unchanged in the 2024 revision.

From the 2012 to 2017 revision, there was a decrease of 33%. However, from 2017 to 2023, the value increased significantly by 164%. Overall, from 2012 to 2024, the guideline value has risen by 77%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Neruperichal

Neruperichal village has a total of 171 streets under the Tiruppur Joint I SRO, with 2024 guideline values ranging from Rs 700 to Rs 1,008 per sq.ft. The median guideline value for these streets is Rs 705 per sq.ft, placing Amman Nagar's 2024 figure above this median.

• Akilandammal Nagar: Rs 705 per sq.ft (2024)
• Annai Sathya Colony: Rs 705 per sq.ft (2024)
• Agham Paradise: Rs 705 per sq.ft (2024)
• Anna Nagar: Rs 896 per sq.ft (2024)
• Avs Naveen Garden: Rs 705 per sq.ft (2024)
• A.V.S Naveen Richland: Rs 705 per sq.ft (2024)

Stamp duty and registration fee for property in Amman Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 708 per sq.ft, the total guideline value would be Rs 7,08,000. The stamp duty at 7% would amount to Rs 49,560, and the registration fee at 2% would be Rs 14,160, bringing the total to Rs 63,720. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Amman Nagar?

The Sub Registrar Office that covers Amman 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 Neruperichal

The guideline value is an essential factor during property transactions in Neruperichal. It is used to determine the stamp duty and registration fees applicable when buying or selling property.

When registering a property, the guideline value serves as a benchmark to ensure that the transaction is in line with government valuations. This helps maintain transparency and fairness in property dealings.

Frequently asked questions

What is the current guideline value of Amman Nagar?

The current guideline value of Amman Nagar is Rs 708 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2012 to Rs 268 per sq.ft in 2017, then to Rs 708 per sq.ft in both 2023 and 2024. The overall change from 2012 to 2024 is an increase of 77%.

What is the land classification of Amman Nagar?

Amman Nagar falls under the Residential Class I Type - I land classification. This classification is essential for determining the appropriate uses and regulations for the property.

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

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

How is stamp duty calculated in Amman Nagar?

Stamp duty in Amman Nagar is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the total stamp duty would be Rs 49,560.