Guideline Value for ANGALAMMAN KOIL STREET

Angalamman Koil Street guideline value

The current guideline value of Angalamman Koil Street in Chettipalayam village is Rs 280 per sq.ft, effective from 1 July 2024. This street falls under the Kinathukkadavu SRO and is classified as Residential Class I Type - I.

How the guideline value of Angalamman Koil Street has changed

The guideline value for Angalamman Koil Street has seen several revisions over the years. The earliest recorded figure is from 2012, which was Rs 250 per sq.ft. This was followed by a decrease to Rs 167 per sq.ft in 2017. The value then increased significantly to Rs 250 per sq.ft in 2023, before reaching the current value of Rs 280 per sq.ft in 2024.

Between these revisions, the changes were notable. From 2012 to 2017, the value decreased by 33%. However, from 2017 to 2023, there was a substantial increase of 50%. The most recent change from 2023 to 2024 reflects an increase of 12%. Overall, from 2012 to 2024, the guideline value has increased by 12%.

Guideline values in Chettipalayam

In Chettipalayam, there are 158 streets under the Kinathukkadavu SRO, with guideline values ranging from Rs 225 to Rs 680 per sq.ft. The median guideline value for these streets is Rs 280 per sq.ft, which is equal to the current value of Angalamman Koil Street.

• Anbu Nagar: Rs 280 per sq.ft (2024)
• Ananthapandaram Street: Rs 280 per sq.ft (2024)
• Annai Indira Nagar: Rs 280 per sq.ft (2024)
• Annai Nagar: Rs 280 per sq.ft (2024)
• Amma Nagar: Rs 280 per sq.ft (2024)
• Annan Nagar: Rs 225 per sq.ft (2024)

Stamp duty and registration fee for property in Angalamman Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 280 per sq.ft, the total guideline value would be Rs 2,80,000. The stamp duty at 7% would amount to Rs 19,600, and the registration fee at 2% would be Rs 5,600, bringing the total cost for these fees to Rs 25,200. It is important to note that duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Angalamman Koil Street?

The Sub Registrar Office that covers Angalamman Koil Street 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 Chettipalayam

The guideline value plays a crucial role in property transactions in Chettipalayam. It is used to determine the stamp duty and registration fees applicable when buying or selling property. Buyers and sellers must be aware of the current guideline value to ensure they are paying the correct fees during the registration process.

When a property is registered, the guideline value is considered the minimum value for calculating stamp duty. Therefore, it is essential for both buyers and sellers to understand this value to avoid any discrepancies during the transaction.

Frequently asked questions

What is the current guideline value of Angalamman Koil Street?

The current guideline value of Angalamman Koil Street is Rs 280 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 250 per sq.ft in 2012 to Rs 167 per sq.ft in 2017, then to Rs 250 per sq.ft in 2023, and finally to Rs 280 per sq.ft in 2024.

What is the land classification for Angalamman Koil Street?

Angalamman Koil Street is classified as Residential Class I Type - I.

Where can I find the registration office for Angalamman Koil Street?

The Kinathukkadavu Sub Registrar Office covers Angalamman Koil Street, located at 151 Coimbatore To Pollachi Main Road, Kinathukadavu- 642109, Coimbatore registration zone.

How is the stamp duty calculated for properties in Chettipalayam?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a 1,000 sq.ft plot at the current guideline value incurs a total fee of Rs 25,200, including stamp duty and registration fees.