Guideline Value for ANGALAPARAMESWARI NAGAR

Angalaparameswari Nagar guideline value

The current guideline value of Angalaparameswari Nagar is Rs 708 per sq.ft, effective from 1 July 2024. This area is located in Nallur village, under the Nallur_Tiruppur SRO, and is classified as Residential Class IV Type - I.

How the guideline value of Angalaparameswari Nagar has changed

The guideline value for Angalaparameswari Nagar has seen several revisions over the years. The earliest recorded figure is from 2007, where it was Rs 130 per sq.ft. This increased to Rs 250 per sq.ft in 2012, marking a 92% rise. However, from 2012 to 2017, the value decreased by 33% to Rs 167 per sq.ft. A significant increase occurred between 2017 and 2023, with the value rising by 319% to Rs 700 per sq.ft. The most recent revision in 2024 shows a slight increase of 1%, bringing the current guideline value to Rs 708 per sq.ft.

It is important to note that there are no figures available for the revisions in 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 445%.

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 value for these streets is Rs 714 per sq.ft, which means Angalaparameswari Nagar's 2024 figure is below that median.

• Angalamman Nagar(405 2a,406 2g): Rs 715 per sq.ft (2024)
• Angalamman Nagar: Rs 715 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 Angalaparameswari Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 7,08,000, the stamp duty at 7% would amount to Rs 49,560, and the registration fee at 2% would be Rs 14,160. Together, these fees would total Rs 63,720. It is important to note that duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Angalaparameswari Nagar?

The Sub Registrar Office that covers Angalaparameswari 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 is a critical factor in property transactions in Nallur. It is used to determine the stamp duty and registration fees applicable when a property is bought or sold. This value ensures that the government receives the appropriate revenue from property transactions.

When registering a property, the guideline value serves as a benchmark for assessing the transaction. Buyers and sellers should be aware that the registration fees and stamp duty are calculated based on this value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Angalaparameswari Nagar?

The current guideline value of Angalaparameswari Nagar is Rs 708 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 130 per sq.ft in 2007 to Rs 708 per sq.ft in 2024, marking a total increase of 445% over the years.

What are the other streets in Nallur and their guideline values?

Other streets in Nallur have varying guideline values. For example, Angalamman Nagar is Rs 715 per sq.ft, Annai Balaji Garden is Rs 714 per sq.ft, and Annai Vigneswara Nagar is Rs 708 per sq.ft.

What fees are associated with buying property in Angalaparameswari Nagar?

When buying property in Angalaparameswari Nagar, you will need to pay stamp duty at 7% and a registration fee at 2% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Angalaparameswari Nagar?

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