Guideline Value for ANGALAMMAN NAGAR

Angalamman Nagar guideline value

The current guideline value of Angalamman Nagar is Rs 713 per sq.ft, effective from 1 July 2024. This area is located in Veerapandi village, under the Nallur_Tiruppur SRO, and is classified as Residential Class III Type - I.

How the guideline value of Angalamman Nagar has changed

The guideline value for Angalamman Nagar has seen significant changes over the years. In 2007, the guideline value was Rs 160 per sq.ft, which increased to Rs 300 per sq.ft in 2012. However, there was a decline to Rs 201 per sq.ft in 2017. The value then surged to Rs 700 per sq.ft in 2023, and most recently, it has risen to Rs 713 per sq.ft in 2024, marking a 2% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 346%. The register has no figures for Angalamman Nagar for the years 2002 and 2003.

Guideline values in Veerapandi

In Veerapandi village, there are 214 streets under the Nallur_Tiruppur SRO carrying a 2024 guideline value ranging from Rs 700 to Rs 2,750 per sq.ft. The median guideline value in this area is Rs 709 per sq.ft, placing Angalamman Nagar's 2024 figure above that median.

• Annamalaiyar Nagar: Rs 709 per sq.ft (2024)
• Ammannagar Extn: Rs 709 per sq.ft (2024)
• Amman Nagar ¢(5/2,6/3,7/1,6): Rs 709 per sq.ft (2024)
• Amman Nagar (509): Rs 709 per sq.ft (2024)
• Anna Nagar (133): Rs 700 per sq.ft (2024)
• Amman Kovil North Street: Rs 709 per sq.ft (2024)

Stamp duty and registration fee for property in Angalamman Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 713 per sq.ft, the total guideline value amounts to Rs 7,13,000. The stamp duty at 7% would be Rs 49,910, and the registration fee at 2% would be Rs 14,260, bringing the total charges to Rs 64,170. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the 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 further assistance.

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

The guideline value plays a crucial role during property registration in Veerapandi. It is used to calculate the stamp duty and registration fees applicable to the transaction, ensuring that both the buyer and seller comply with the legal requirements set forth by the state.

When buying or selling property, the guideline value serves as a benchmark for determining the minimum value of the property for registration purposes. This helps maintain transparency and accountability in real estate transactions within the region.

Frequently asked questions

What is the current guideline value of Angalamman Nagar?

The current guideline value of Angalamman Nagar is Rs 713 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 160 per sq.ft in 2007 to Rs 713 per sq.ft in 2024, reflecting an overall increase of 346% over the years.

What are the stamp duty and registration fees for a property in Angalamman Nagar?

For a 1,000 sq.ft property, the total guideline value is Rs 7,13,000. The stamp duty is Rs 49,910, and the registration fee is Rs 14,260, totaling Rs 64,170.

Which office handles registrations for Angalamman Nagar?

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

Are there other streets in Veerapandi with different guideline values?

Yes, there are other streets in Veerapandi with varying guideline values, ranging from Rs 700 to Rs 2,750 per sq.ft, with a median value of Rs 709 per sq.ft.