Guideline Value for ANDIYAPPAN St

ANDIYAPPAN St guideline value

The current guideline value of ANDIYAPPAN St in Ikkarai Poolvampatti village is Rs 102 per sq.ft, effective from 1 July 2024. This street falls under the Thondamuthur SRO and is classified as Residential Class I Type - I.

How the guideline value of ANDIYAPPAN St has changed

The guideline value for ANDIYAPPAN St has seen several revisions over the years. In 2007, the value was Rs 35 per sq.ft, which increased to Rs 100 per sq.ft in 2012. However, it decreased to Rs 67 per sq.ft in 2017. The value then rose significantly to Rs 100 per sq.ft in 2023, before reaching the current value of Rs 102 per sq.ft in 2024, marking a 2% increase from the previous year.

Notably, there are no figures available for the years 2002 and 2003 for ANDIYAPPAN St. Overall, from 2007 to 2024, the guideline value has increased by 191%, reflecting the changes in the real estate landscape of the area.

Guideline values in Ikkarai Poolvampatti

In Ikkarai Poolvampatti, there are 37 streets under the Thondamuthur SRO that carry a 2024 guideline value, all at Rs 102 per sq.ft. This places ANDIYAPPAN St at the median value for the village.

• ANNAI INDHIRA St: Rs 102 per sq.ft (2024)
• AMBETHKAR St: Rs 102 per sq.ft (2024)
• ADIGALAR St: Rs 102 per sq.ft (2024)
• BAGTHSING St: Rs 102 per sq.ft (2024)
• BHARATHI DHASAN St: Rs 102 per sq.ft (2024)
• BHARATHIYAR St: Rs 102 per sq.ft (2024)

Stamp duty and registration fee for property in ANDIYAPPAN St

For a 1,000 sq.ft plot at the current guideline value of Rs 102 per sq.ft, the total guideline value would be Rs 1,02,000. The stamp duty at 7% would amount to Rs 7,140, and the registration fee at 2% would be Rs 2,040, making the total cost for these fees Rs 9,180. It is important to note that duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers ANDIYAPPAN St?

ANDIYAPPAN St is covered by the Thondamuthur Sub Registrar Office, located at 5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Perur Taluk, Coimbatore- 641 108, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Ikkarai Poolvampatti. It serves as a benchmark for determining the minimum value at which a property can be sold or purchased, ensuring transparency in property dealings.

When a buyer or seller approaches the Thondamuthur SRO for registration, the guideline value will be used to calculate the stamp duty and registration fees, which are mandatory for completing the transaction legally.

Frequently asked questions

What is the current guideline value of ANDIYAPPAN St?

The current guideline value of ANDIYAPPAN St is Rs 102 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2007, the guideline value has increased from Rs 35 per sq.ft to Rs 102 per sq.ft in 2024, reflecting a significant overall increase of 191% over the years.

What is the land classification for ANDIYAPPAN St?

ANDIYAPPAN St is classified as Residential Class I Type - I, indicating its suitability for residential development.

Where can I find the Thondamuthur Sub Registrar Office?

The Thondamuthur Sub Registrar Office is located at 5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Perur Taluk, Coimbatore- 641 108.

How are stamp duty and registration fees calculated?

Stamp duty is calculated at 7% of the guideline value, while the registration fee is 2% of the guideline value. The total fees are based on the higher of the guideline value or the sale price.