Guideline Value for ANGALAPARAMESWARINAGAR

Angalaparameswarinagar guideline value

The current guideline value of Angalaparameswarinagar is Rs 110 per sq.ft, effective from 1 July 2024. This area is located in Iduvai village and falls under the Tiruppur Joint I SRO, classified as Residential Class I Type - II.

How the guideline value of Angalaparameswarinagar has changed

The guideline value for Angalaparameswarinagar has undergone several revisions over the years. In 2012, the guideline value was Rs 100 per sq.ft. This value decreased to Rs 67 per sq.ft in 2017, marking a decline of 33%. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value up to Rs 100 per sq.ft. The most recent revision in 2024 set the guideline value at Rs 110 per sq.ft, reflecting a 10% increase from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Iduvai

In Iduvai, there are 47 streets under the Tiruppur Joint I SRO that have a 2024 guideline value ranging from Rs 110 to Rs 500 per sq.ft, with the median value being Rs 110 per sq.ft. Angalaparameswarinagar's 2024 guideline value aligns with this median.

• Annamalai Garden: Rs 110 per sq.ft (2024)
• Amman Nagar: Rs 110 per sq.ft (2024)
• Attayampalayam: Rs 110 per sq.ft (2024)
• Bharathipuram: Rs 110 per sq.ft (2024)
• Chinnakalipalayam: Rs 110 per sq.ft (2024)
• Chinnamman Nagar: Rs 110 per sq.ft (2024)

Stamp duty and registration fee for property in Angalaparameswarinagar

For a 1,000 sq.ft plot at the current guideline value of Rs 110 per sq.ft, the total guideline value amounts to Rs 1,10,000. The stamp duty at 7% would be Rs 7,700, and the registration fee at 2% would be Rs 2,200, bringing the total fees to Rs 9,900. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Angalaparameswarinagar?

The Sub Registrar Office that covers Angalaparameswarinagar is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor when buying or selling property in Iduvai, as it determines the minimum value at which properties can be registered. This value is used to calculate the stamp duty and registration fees that buyers must pay during the transaction.

When a property is sold, the guideline value ensures that the transaction is recorded at a fair price, reflecting the official valuation of the property. This helps maintain transparency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Angalaparameswarinagar?

The current guideline value of Angalaparameswarinagar is Rs 110 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2012, the guideline value has seen fluctuations, starting at Rs 100 per sq.ft in 2012, dropping to Rs 67 per sq.ft in 2017, and then rising to Rs 100 per sq.ft in 2023, before reaching Rs 110 per sq.ft in 2024.

What are the other streets in Iduvai with the same guideline value?

Other streets in Iduvai with the same guideline value of Rs 110 per sq.ft in 2024 include Annamalai Garden, Amman Nagar, Attayampalayam, Bharathipuram, Chinnakalipalayam, and Chinnamman Nagar.

What fees are associated with buying property in Angalaparameswarinagar?

When buying property in Angalaparameswarinagar, the fees include a stamp duty of 7% and a registration fee of 2% based on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Angalaparameswarinagar?

The Sub Registrar Office for Angalaparameswarinagar is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.