Guideline Value for ANGALAMMAN NAGAR

Angalamman Nagar guideline value

The current guideline value of Angalamman Nagar is Rs 715 per sq.ft, effective from 1 July 2024. This area is located within Nallur village, under the Nallur_Tiruppur SRO, and is classified as Mixed Type - II.

How the guideline value of Angalamman Nagar has changed

The guideline value for Angalamman Nagar has undergone several revisions over the years. The earliest available figure is from 2007, where the value was Rs 325 per sq.ft. This increased to Rs 390 per sq.ft in 2012, followed by a decrease to Rs 261 per sq.ft in 2017. The value then saw a significant rise to Rs 700 per sq.ft in 2023, and it has now reached Rs 715 per sq.ft in the 2024 revision, marking a 2% increase from the previous year.

From 2017 to 2023, there was a notable increase of 168%. The transition from 2012 to 2017 saw a decrease of 33%, while the value rose by 20% from 2007 to 2012. Overall, from 2007 to 2024, the guideline value has increased by 120%. The register does not contain figures for the years 2002 and 2003 for this street.

Guideline values in Nallur

In Nallur, there are 280 streets under the Nallur_Tiruppur SRO that carry a 2024 guideline value ranging from Rs 700 to Rs 1,764 per sq.ft. The median guideline value for these streets is Rs 714 per sq.ft, placing Angalamman Nagar's 2024 figure slightly above that median.

• Angalamman Nagar: Rs 715 per sq.ft (2024)
• Angalaparameswari Nagar: Rs 708 per sq.ft (2024)
• Annai Balaji Garden: Rs 714 per sq.ft (2024)
• Annai Vigneswara Nagar: Rs 708 per sq.ft (2024)
• Annanagar: Rs 714 per sq.ft (2024)
• Amirtham Appartment: Rs 1,155 per sq.ft (2024)

Stamp duty and registration fee for property in Angalamman Nagar

For a 1,000 sq.ft plot at the current rate of Rs 715 per sq.ft, the guideline value would be Rs 7,15,000. The stamp duty at 7% would amount to Rs 50,050, and the registration fee at 2% would be Rs 14,300, totaling Rs 64,350. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Angalamman Nagar?

The Sub Registrar Office that covers Angalamman Nagar is the Nallur_Tiruppur Sub Registrar Office, located near Hotel Riverview, Nagapattinam 611002, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Nallur. It serves as a benchmark for determining the stamp duty and registration fees, ensuring that these costs are calculated based on the official value set by the Registration Department.

When you register a property, the guideline value is used to assess the applicable duties. Buyers should be aware that the duty is charged on the higher of the guideline value or the sale price, which can significantly affect the total cost of the transaction.

Frequently asked questions

What is the current guideline value of Angalamman Nagar?

The current guideline value of Angalamman Nagar is Rs 715 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 325 per sq.ft in 2007 to Rs 715 per sq.ft in 2024, with several revisions in between, including a significant increase of 168% from 2017 to 2023.

What is the registration office for Angalamman Nagar?

The registration office for Angalamman Nagar is the Nallur_Tiruppur Sub Registrar Office, located near Hotel Riverview, Nagapattinam 611002, Coimbatore registration zone.

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

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot valued at Rs 715 per sq.ft, the total guideline value would be Rs 7,15,000.

What are the other streets in Nallur with guideline values?

Other streets in Nallur include Angalaparameswari Nagar, Annai Balaji Garden, Annai Vigneswara Nagar, and Annanagar, each with their respective 2024 guideline values ranging from Rs 708 to Rs 1,155 per sq.ft.