Guideline Value for ANGERIPALAYAM ROAD

Angeripalayam Road guideline value

The current guideline value of Angeripalayam 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 and is classified as Commercial Class I Type - I.

How the guideline value of Angeripalayam Road has changed

The guideline value for Angeripalayam Road has undergone several revisions over the years. The earliest recorded figure is from 2012, which was Rs 1,100 per sq.ft. This was followed by a decrease to Rs 737 per sq.ft in 2017. The 2023 revision saw an increase to Rs 1,100 per sq.ft, and the most recent revision in 2024 set the value at Rs 1,210 per sq.ft, marking a 10% increase from the previous year.

From 2017 to 2023, the value increased by 49%. However, from 2012 to 2017, there was a decline of 33%. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register does not contain 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 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 Road's 2024 figure above that median.

• Angeripalayam Radhakrishna Nagar: Rs 704 per sq.ft (2024)
• Angeripalayam Main 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 Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,210 per sq.ft, the total guideline value would be Rs 12,10,000. The stamp duty at 7% would amount to Rs 84,700, and the registration fee at 2% would be Rs 24,200, bringing the total to Rs 1,08,900. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Angeripalayam Road?

The Sub Registrar Office that covers Angeripalayam Road 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 details.

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 of property transactions in WARD - i. It determines the minimum value at which a property can be registered and is used to calculate the stamp duty and registration fees applicable during the sale.

Frequently asked questions

What is the current guideline value of Angeripalayam Road?

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

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,100 per sq.ft in 2012 to Rs 737 per sq.ft in 2017, then back to Rs 1,100 per sq.ft in 2023, and finally to Rs 1,210 per sq.ft in 2024.

What are the stamp duty and registration fees for properties on Angeripalayam Road?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 84,700, and the registration fee would be Rs 24,200, totaling Rs 1,08,900.

Which Sub Registrar Office covers Angeripalayam Road?

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

What is the land classification for Angeripalayam Road?

Angeripalayam Road is classified as Commercial Class I Type - I, which indicates its suitability for commercial activities.