Guideline Value for ANGERIPALAYAM RADHAKRISHNA NAGAR

Angeripalayam Radhakrishna Nagar guideline value

The current guideline value of Angeripalayam Radhakrishna Nagar is Rs 704 per sq.ft, effective from 1 July 2024. This area is located in WARD - i village, under the Tiruppur Joint II SRO. The land classification for this street is Residential Class III Type - I.

How the guideline value of Angeripalayam Radhakrishna Nagar has changed

Over the years, the guideline value of Angeripalayam Radhakrishna Nagar has seen several revisions. The 2012 revision set the value at Rs 625 per sq.ft, which decreased to Rs 419 per sq.ft in the 2017 revision. Following this, the value increased to Rs 700 per sq.ft in the 2023 revision, and most recently, it rose to Rs 704 per sq.ft in the 2024 revision. The register has no figures for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, there was a significant increase of 67%. The change from 2023 to 2024 reflects a modest rise of 1%. Overall, comparing the 2012 and 2024 revisions, the guideline value has increased by 13%.

Guideline values in WARD - i

In WARD - i, there are 108 streets under the Tiruppur Joint II SRO that carry a 2024 guideline value ranging from Rs 701 to Rs 4,480 per sq.ft. The median value for these streets is Rs 1,100 per sq.ft, placing Angeripalayam Radhakrishna Nagar's 2024 figure below that median.

• Angeripalayam Main Road: Rs 1,210 per sq.ft (2024)
• Angeripalayam Road: Rs 1,210 per sq.ft (2024)
• Anna Colony: Rs 880 per sq.ft (2024)
• Annapoorna Layout: Rs 880 per sq.ft (2024)
• ANNAPOORNA LAYOUT 1st STREET: Rs 880 per sq.ft (2024)
• ANNAPOORNA LAYOUT 2nd STREET: Rs 880 per sq.ft (2024)

Stamp duty and registration fee for property in Angeripalayam Radhakrishna Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 704 per sq.ft, the total guideline value amounts to Rs 7,04,000. The stamp duty at 7% would be Rs 49,280, and the registration fee at 2% would be Rs 14,080, bringing the total fees to Rs 63,360. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Angeripalayam Radhakrishna Nagar?

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

How the guideline value is used when you buy or sell in WARD - i

The guideline value is a crucial factor in the registration of property transactions in WARD - i. It serves as a benchmark for determining the stamp duty and registration fees that are applicable when a property is bought or sold.

When registering a property, the guideline value influences the financial obligations of the buyer. The stamp duty is calculated based on the guideline value or the actual sale price, whichever is higher, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Angeripalayam Radhakrishna Nagar?

The current guideline value of Angeripalayam Radhakrishna Nagar is Rs 704 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 625 per sq.ft in 2012 to Rs 419 per sq.ft in 2017, then to Rs 700 per sq.ft in 2023, and finally to Rs 704 per sq.ft in 2024.

What is the land classification for Angeripalayam Radhakrishna Nagar?

The land classification for Angeripalayam Radhakrishna Nagar is Residential Class III Type - I.

What is the stamp duty for a property in Angeripalayam Radhakrishna Nagar?

The stamp duty for a property in Angeripalayam Radhakrishna Nagar is calculated at 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Angeripalayam Radhakrishna Nagar?

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