Guideline Value for ANGERIPALAYAM EAST

Angeripalayam East guideline value

The current guideline value of Angeripalayam East is Rs 702 per sq.ft, effective from 1 July 2024. This area is located in Thottipalayam village and falls under the Thottipalayam SRO. The land classification for this street is Residential Class IV Type - I.

How the guideline value of Angeripalayam East has changed

Looking at the historical revisions, the guideline value for Angeripalayam East has seen significant changes. The 2012 revision recorded a value of Rs 525 per sq.ft, which decreased to Rs 352 per sq.ft in the 2017 revision. This was a decline of 33%. However, from 2017 to 2023, the value increased dramatically to Rs 700 per sq.ft, marking a rise of 99%. The most recent revision in 2024 set the guideline value at Rs 702 per sq.ft, showing no change from the previous year.

There are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 34%.

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. The median value for these streets is Rs 806 per sq.ft, placing Angeripalayam East's 2024 figure below that median.

• Angeripalayam East (Near By Nallaru South): 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

For a 1,000 sq.ft plot at the current guideline value of Rs 702 per sq.ft, the total guideline value would be Rs 7,02,000. The stamp duty at 7% would amount to Rs 49,140, and the registration fee at 2% would be Rs 14,040, bringing the total charges to Rs 63,180. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Angeripalayam East?

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 plays a crucial role when buying or selling property in Thottipalayam. It is used to determine the stamp duty and registration fees that are payable at the time of property registration. Buyers should be aware that the guideline value is often considered the minimum value for transactions, ensuring that the government receives appropriate revenue from property sales.

When registering a property, the buyer must pay the stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that all transactions are transparent and that the government can maintain accurate records of property values in the area.

Frequently asked questions

What is the current guideline value of Angeripalayam East?

The current guideline value of Angeripalayam East is Rs 702 per sq.ft, effective from 1 July 2024.

How much 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, which is an overall increase of 34%. The most significant change occurred between 2017 and 2023, where it increased by 99%.

What are the registration fees for property in Angeripalayam East?

The registration fees for property in Angeripalayam East include a stamp duty of 7% and a registration fee of 2% based on the guideline value or sale price, whichever is higher.

Which Sub Registrar Office handles property registrations in Angeripalayam East?

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

What is the median guideline value for streets in Thottipalayam?

The median guideline value for the 99 streets in Thottipalayam is Rs 806 per sq.ft, with Angeripalayam East's value being below this median at Rs 702 per sq.ft.