Guideline Value for ANGERIPALAYAM MAIN ROAD

Angeripalayam Main Road guideline value

The current guideline value of Angeripalayam Main Road is Rs 704 per sq.ft. This road is located in Chettipalayam village and falls under the Tiruppur Joint I SRO. The land classification for this area is Residential Class I Type - II.

How the guideline value of Angeripalayam Main Road has changed

The guideline value for Angeripalayam Main Road has seen several revisions over the years. The earliest recorded revision was in 2012, where the value was Rs 450 per sq.ft. This increased to Rs 301 per sq.ft in 2017, marking a decrease of 33%. However, from 2017 to 2023, the value saw a significant increase of 134%, reaching Rs 704 per sq.ft. The 2024 revision maintains this value at Rs 704 per sq.ft, showing no change from the 2023 figure.

It is important to note that there are no recorded figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 56%.

Guideline values in Chettipalayam

In Chettipalayam, there are 100 streets under the Tiruppur Joint I SRO that have a 2024 guideline value ranging from Rs 700 to Rs 1,000 per sq.ft, with a median of Rs 703 per sq.ft. The guideline value for Angeripalayam Main Road is above this median.

• Angeripalayam: Rs 704 per sq.ft (2024)
• Anna Nagar West: Rs 703 per sq.ft (2024)
• Annpoorna Layout: Rs 700 per sq.ft (2024)
• A P R Nagar: Rs 703 per sq.ft (2024)
• Arichana Colony: Rs 701 per sq.ft (2024)
• Alamelu Nagar: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Angeripalayam Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 704 per sq.ft, the total guideline value would be Rs 7,04,000. The stamp duty at 7% would amount to Rs 49,280, and the registration fee at 2% would be Rs 14,080, bringing the total cost for these 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.

You can use the stamp duty and registration fee calculator for more information on fees.

Which Sub Registrar Office covers Angeripalayam Main Road?

The Sub Registrar Office that covers Angeripalayam Main Road 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 Chettipalayam

The guideline value plays a crucial role in the registration process when buying or selling property in Chettipalayam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value is used to calculate the applicable duties, ensuring that the government receives the necessary revenue from property transactions. Buyers should be aware of the guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Angeripalayam Main Road?

The current guideline value of Angeripalayam Main Road is Rs 704 per sq.ft, as per the 2024 revision effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 450 per sq.ft in 2012 to Rs 704 per sq.ft in 2024, showing an overall increase of 56%. There was a significant increase of 134% from 2017 to 2023.

What are the stamp duty and registration fees for properties on this road?

For a plot of 1,000 sq.ft at the guideline value of Rs 704 per sq.ft, the total guideline value would be Rs 7,04,000. The stamp duty would be Rs 49,280, and the registration fee would be Rs 14,080, totaling Rs 63,360.

Which office handles the registration for Angeripalayam Main Road?

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

What is the land classification for Angeripalayam Main Road?

The land classification for Angeripalayam Main Road is Residential Class I Type - II, indicating its suitability for residential development.