Guideline Value for ANDIGOUNDENPUDUR

Andigoundenpudur guideline value

The current guideline value of Andigoundenpudur, located in Kinathukadavu village under the Kinathukkadavu SRO, is Rs 200 per sq.ft, effective from 1 July 2024. This area falls under the Residential Class II Type - I land classification.

How the guideline value of Andigoundenpudur has changed

The guideline value for Andigoundenpudur has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 200 per sq.ft, which is the same as the 2023 revision. Prior to that, the 2017 revision recorded a value of Rs 67 per sq.ft, marking a significant increase of 199% from 2017 to 2023. The 2012 revision was Rs 100 per sq.ft, which was a decrease of 33% from the 2017 figure. The 2007 revision had a guideline value of Rs 20 per sq.ft, reflecting a substantial increase of 400% to the 2012 figure. Overall, from 2007 to 2024, the guideline value has increased by 900%.

It is important to note that the register has no figures for the years 2002 and 2003 for this street.

Guideline values in Kinathukadavu

In Kinathukadavu, there are 44 streets under the Kinathukkadavu SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 1,500 per sq.ft. The median guideline value in this area is Rs 300 per sq.ft, placing Andigoundenpudur's 2024 figure below that median. Below are the guideline values for other streets in Kinathukadavu:

• Anna Nagar: Rs 750 per sq.ft (2024)
• Ambethkar Street: Rs 300 per sq.ft (2024)
• Anna Street: Rs 750 per sq.ft (2024)
• Arisana Colony: Rs 200 per sq.ft (2024)
• Avvaiyar Street: Rs 750 per sq.ft (2024)
• Barathiar Street: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Andigoundenpudur

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, while the registration fee at 2% would be Rs 4,000, bringing the total to Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Andigoundenpudur?

The Sub Registrar Office that covers Andigoundenpudur is the Kinathukkadavu Sub Registrar Office, located at 151 Coimbatore To Pollachi Main Road, Kinathukadavu- 642109, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Kinathukadavu. It is used to determine the stamp duty and registration fees that must be paid during the transaction. Buyers should be aware that these fees are calculated based on the guideline value or the sale price, whichever is higher.

Understanding the guideline value is essential for both buyers and sellers to ensure compliance with local regulations. It helps in determining the financial implications of property transactions in the area.

Frequently asked questions

What is the current guideline value of Andigoundenpudur?

The current guideline value of Andigoundenpudur is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 20 per sq.ft in 2007 to Rs 200 per sq.ft in 2024, marking an overall increase of 900% over the years.

What is the land classification for Andigoundenpudur?

Andigoundenpudur falls under the Residential Class II Type - I land classification.

Where can I find the Sub Registrar Office for Andigoundenpudur?

The Sub Registrar Office for Andigoundenpudur is located at 151 Coimbatore To Pollachi Main Road, Kinathukadavu- 642109, Coimbatore registration zone.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the higher of the guideline value or the sale price of the property. For example, for a property with a guideline value of Rs 2,00,000, the stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000.