Guideline Value for ANGERIPALAYAM ROAD

Angeripalayam Road guideline value

The current guideline value of Angeripalayam Road is Rs 2,015 per sq.ft, effective from 1 July 2024. This road is located in Ward - C village under the Tiruppur Joint I SRO and is classified as Residential Class II Type - I.

How the guideline value of Angeripalayam Road has changed

The guideline value for Angeripalayam Road has seen several revisions over the years. The 2007 revision set the value at Rs 1,510 per sq.ft, which increased to Rs 1,800 per sq.ft in 2012. However, the value dropped to Rs 1,206 per sq.ft in 2017, before rising significantly to Rs 1,800 per sq.ft in 2023. The latest revision in 2024 has further increased the guideline value to Rs 2,015 per sq.ft, marking a 12% increase from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 33%. Notably, the register has no figures for the years 2002 and 2003 for this street.

Guideline values in Ward - C

In Ward - C, there are 137 streets under the Tiruppur Joint I SRO with a 2024 guideline value ranging from Rs 840 to Rs 4,480 per sq.ft, with a median value of Rs 1,120 per sq.ft. The guideline value for Angeripalayam Road is above this median.

• Angeripalayam Main Road: Rs 2,015 per sq.ft (2024)
• ANJAL NAGAR 1ST to 3rd STREET: Rs 1,455 per sq.ft (2024)
• Anjal Nagar 60 Feet Road: Rs 1,455 per sq.ft (2024)
• Anjal Nagar Main Road: Rs 1,455 per sq.ft (2024)
• Anna Colony: Rs 1,120 per sq.ft (2024)
• Anna St, Kumarananthapuram Central: Rs 1,120 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 2,015 per sq.ft, the total guideline value amounts to Rs 20,15,000. The stamp duty at 7% would be Rs 1,41,050, and the registration fee at 2% would be Rs 40,300, bringing the total to Rs 1,81,350. 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 details.

Which Sub Registrar Office covers Angeripalayam Road?

The Sub Registrar Office that covers Angeripalayam 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 information.

How the guideline value is used when you buy or sell in Ward - C

The guideline value is a crucial factor when registering property transactions in Ward - C. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the sale or purchase of property.

Frequently asked questions

What is the current guideline value of Angeripalayam Road?

The current guideline value of Angeripalayam Road is Rs 2,015 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,510 per sq.ft in 2007 to Rs 2,015 per sq.ft in 2024, reflecting a 33% increase overall. Significant changes occurred between 2017 and 2023, where the value rose from Rs 1,206 per sq.ft to Rs 1,800 per sq.ft.

What are the stamp duty and registration fees for property in Angeripalayam Road?

For a property valued at Rs 20,15,000, the stamp duty would be Rs 1,41,050, and the registration fee would be Rs 40,300, totaling Rs 1,81,350. These fees are based on the guideline value.

Which office handles property registrations for Angeripalayam Road?

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

What is the significance of the guideline value in property transactions?

The guideline value is used to determine the minimum value for property transactions, influencing the stamp duty and registration fees. It ensures that property transactions comply with government regulations during the registration process.