Guideline Value for ANGERIPALAYAM MAIN ROAD

Angeripalayam Main Road guideline value

The current guideline value of Angeripalayam Main Road is Rs 1,210 per sq.ft, effective from 1 July 2024. This road is located in WARD - i village under the Tiruppur Joint II SRO, classified as Commercial Class I Type - I.

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 2012 revision set the value at Rs 1,100 per sq.ft, which was then reduced to Rs 737 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 1,100 per sq.ft, and the most recent 2024 revision has set it at Rs 1,210 per sq.ft, marking a 10% increase from the previous year.

From 2017 to 2023, there was a significant increase of 49%, while the change from 2012 to 2017 was a decrease of 33%. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in WARD - i

In WARD - i, there are 108 streets under the Tiruppur Joint II SRO with 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, and Angeripalayam Main Road's 2024 figure is above this median.

• Angeripalayam Radhakrishna Nagar: Rs 704 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 Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,210 per sq.ft, the total guideline value amounts to Rs 12,10,000. The stamp duty at 7% would be Rs 84,700, and the registration fee at 2% would be Rs 24,200, bringing the total cost for these fees to Rs 1,08,900. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Angeripalayam Main Road?

The Angeripalayam Main Road falls under the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a critical factor in the registration process when buying or selling property in WARD - i. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid, ensuring compliance with local regulations.

When a property is sold, the guideline value helps in assessing the appropriate charges based on the higher value between the guideline and the sale price. This ensures that all transactions are conducted fairly and transparently.

Frequently asked questions

What is the current guideline value of Angeripalayam Main Road?

The current guideline value of Angeripalayam Main Road is Rs 1,210 per sq.ft, effective from 1 July 2024.

How often does the guideline value get revised?

The guideline value is revised periodically, with the most recent revision occurring in 2024. Previous revisions took place in 2023, 2017, and 2012, among others.

What was the guideline value in 2017?

The guideline value for Angeripalayam Main Road in 2017 was Rs 737 per sq.ft.

What are the stamp duty rates for properties in Angeripalayam Main Road?

The stamp duty for properties in Angeripalayam Main Road is charged at 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Angeripalayam Main Road?

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