Guideline Value for ANGERIPALAYAM EAST (NEAR BY NALLARU SOUTH)

Angeripalayam East (Near By Nallaru South) guideline value

The current guideline value of Angeripalayam East (Near By Nallaru South) is Rs 702 per sq.ft, effective from 1 July 2024. This property is located in Thottipalayam village, under the Thottipalayam SRO, and falls under the Residential Class IV Type - I land classification.

How the guideline value of Angeripalayam East (Near By Nallaru South) has changed

The guideline value for Angeripalayam East has undergone several revisions over the years. The 2012 revision set the value at Rs 525 per sq.ft, which increased to Rs 352 per sq.ft in 2017. Following this, the value saw a significant rise to Rs 700 per sq.ft in 2023. The most recent revision in 2024 has the guideline value at Rs 702 per sq.ft. The register has no figures for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, there was a decrease of 33%, but from 2017 to 2023, the value increased by 99%. Overall, from 2012 to 2024, the guideline value has increased by 34%. The change from 2023 to 2024 is negligible at +0%.

Guideline values in Thottipalayam

In Thottipalayam, there are 99 streets under the Thottipalayam SRO that carry a 2024 guideline value ranging from Rs 700 to Rs 2,800 per sq.ft, with a median value of Rs 806 per sq.ft. The guideline value for Angeripalayam East is below this median.

• Angeripalayam East: Rs 702 per sq.ft (2024)
• Aninashi Nagar Extension: Rs 703 per sq.ft (2024)
• Amutha Nagar: Rs 806 per sq.ft (2024)
• A.S.A Avenue: Rs 703 per sq.ft (2024)
• Avinashinagar: Rs 703 per sq.ft (2024)
• Ayyappa Nagar: Rs 1,110 per sq.ft (2024)

Stamp duty and registration fee for property in Angeripalayam East (Near By Nallaru South)

For a 1,000 sq.ft plot at the current rate of Rs 702 per sq.ft, the guideline value amounts to Rs 7,02,000. The stamp duty at 7% would be Rs 49,140, and the registration fee at 2% would be Rs 14,040, bringing the total to Rs 63,180. 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 Angeripalayam East (Near By Nallaru South)?

The Sub Registrar Office that covers Angeripalayam East is the Thottipalayam Sub Registrar Office, located at 1/529, Nerupperichchal Village Pooluvapatti Postal Tirupur -641602, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property in Thottipalayam. It serves as a benchmark for determining the minimum value at which a property can be sold or purchased, ensuring that the transaction is recorded accurately in the official register.

When you buy or sell property, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Angeripalayam East?

The current guideline value of Angeripalayam East (Near By Nallaru South) is Rs 702 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 525 per sq.ft in 2012 to Rs 702 per sq.ft in 2024, reflecting an overall increase of 34% from 2012 to 2024.

What is the stamp duty for property in Angeripalayam East?

The stamp duty for property in Angeripalayam East is 7% of the guideline value or sale price, whichever is higher. For a property valued at Rs 7,02,000, the stamp duty would be Rs 49,140.

Which office handles property registration in Angeripalayam East?

The Thottipalayam Sub Registrar Office handles property registration for Angeripalayam East. It is located at 1/529, Nerupperichchal Village Pooluvapatti Postal Tirupur -641602, Coimbatore registration zone.

What is the land classification of Angeripalayam East?

Angeripalayam East falls under the Residential Class IV Type - I land classification, indicating its suitability for residential development.