Guideline Value for ANGPPA PANNADI ST

Angppa Pannadi St guideline value

The current guideline value of Angppa Pannadi St is Rs 335 per sq.ft, effective from 1 July 2024. This street is located in Vedapatti village, under the Thondamuthur SRO, and is classified as Residential Class I Type - II.

How the guideline value of Angppa Pannadi St has changed

Over the years, the guideline value for Angppa Pannadi St has seen several revisions. The earliest recorded revision was in 2007, where the value was Rs 75 per sq.ft. This increased significantly to Rs 300 per sq.ft in 2012, but then decreased to Rs 201 per sq.ft in 2017. Following this, the value rose to Rs 300 per sq.ft in 2023, and finally to the current rate of Rs 335 per sq.ft in 2024. The register has no figures for the years 2002 and 2003.

From 2007 to 2024, the overall increase in the guideline value is 347%. Notably, the value jumped by 300% from 2007 to 2012, then saw a decrease of 33% from 2012 to 2017, followed by a substantial increase of 49% from 2017 to 2023, and a further increase of 12% from 2023 to 2024.

Guideline values in Vedapatti

In Vedapatti, there are 48 streets under the Thondamuthur SRO with a 2024 guideline value ranging from Rs 140 to Rs 1,790 per sq.ft. The median value is Rs 220 per sq.ft, placing Angppa Pannadi St's 2024 figure above this median.

• Annai Indira St: Rs 220 per sq.ft (2024)
• Annga Pannadi St: Rs 220 per sq.ft (2024)
• Arul Kamachi Nagar: Rs 220 per sq.ft (2024)
• Aalagirisami Lane: Rs 220 per sq.ft (2024)
• Ayyavu Nager: Rs 335 per sq.ft (2024)
• Bhasiyam Naidu Lane: Rs 140 per sq.ft (2024)

Stamp duty and registration fee for property in Angppa Pannadi St

For a 1,000 sq.ft plot at the current guideline value of Rs 335 per sq.ft, the total guideline value amounts to Rs 3,35,000. The stamp duty at 7% would be Rs 23,450, and the registration fee at 2% would be Rs 6,700, bringing the total cost for these fees to Rs 30,150. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Angppa Pannadi St?

The Angppa Pannadi St falls under the Thondamuthur Sub Registrar Office located at 5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Perur Taluk, Coimbatore- 641 108, in the Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Vedapatti

The guideline value is a crucial factor during the registration of property transactions in Vedapatti. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value helps both parties understand the financial implications of the transaction. It is essential to be aware of the current guideline value to ensure compliance with legal requirements during the registration process.

Frequently asked questions

What is the current guideline value of Angppa Pannadi St?

The current guideline value of Angppa Pannadi St is Rs 335 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 75 per sq.ft in 2007 to Rs 335 per sq.ft in 2024, reflecting an overall increase of 347% over this period.

What are the stamp duty and registration fees for property in Angppa Pannadi St?

For a property valued at Rs 3,35,000, the stamp duty would be Rs 23,450 and the registration fee would be Rs 6,700, totaling Rs 30,150.

Which Sub Registrar Office covers Angppa Pannadi St?

The Thondamuthur Sub Registrar Office covers Angppa Pannadi St, located at 5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Perur Taluk, Coimbatore- 641 108.

What is the land classification of Angppa Pannadi St?

Angppa Pannadi St is classified as Residential Class I Type - II, indicating its suitability for residential development.