Guideline Value for ANGULI CHETTIAR LANE

Anguli Chettiar Lane guideline value

The current guideline value of Anguli Chettiar Lane is Rs 200 per sq.ft, effective from 1 July 2024. This lane is located in Periyanegamam village under the Negamam SRO, classified as Residential Class I Type - I.

How the guideline value of Anguli Chettiar Lane has changed

The guideline value for Anguli Chettiar Lane has undergone several revisions over the years. In the 2007 revision, the value was Rs 50 per sq.ft, which increased to Rs 150 per sq.ft in 2012. The 2017 revision saw a significant rise to Rs 100 per sq.ft, followed by a doubling to Rs 200 per sq.ft in both the 2023 and 2024 revisions. It is important to note that the register has no figure for this street in 2002 and 2003.

From 2007 to 2024, the overall increase in the guideline value is 300%. The changes between the revisions are as follows: a 200% increase from 2007 to 2012, a decrease of 33% from 2012 to 2017, and a 100% increase from 2017 to 2023, with no change from 2023 to 2024.

Guideline values in Periyanegamam

In Periyanegamam, there are 91 streets under the Negamam SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 300 per sq.ft, with a median value of Rs 200 per sq.ft. The guideline value for Anguli Chettiar Lane aligns with this median.

• Andigounder Street: Rs 200 per sq.ft (2024)
• Anna Nagar: Rs 200 per sq.ft (2024)
• Anna Nagar R.I. Office Backside: Rs 200 per sq.ft (2024)
• Arumugam Chettiar Street: Rs 200 per sq.ft (2024)
• Arumugam Nagar: Rs 200 per sq.ft (2024)
• Arumugam Pillai Street: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Anguli Chettiar Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, making the total fees Rs 18,000. Duty is charged on the higher of the guideline value and the sale price. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anguli Chettiar Lane?

The Sub Registrar Office that covers Anguli Chettiar Lane is the Negamam Sub Registrar Office, located at No.36, Kovilpalayam Road, Kaliyappan Palayam, Near Police Station Negamam-642120, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in property transactions in Periyanegamam. It is used to determine the stamp duty and registration fees that buyers must pay when purchasing property. The guideline value is essential for ensuring that the registration process adheres to government regulations.

When selling property, the guideline value helps establish a baseline for the sale price. Buyers and sellers can use this information to negotiate prices and ensure that they comply with legal requirements during the registration process.

Frequently asked questions

What is the current guideline value of Anguli Chettiar Lane?

The current guideline value of Anguli Chettiar Lane is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 50 per sq.ft in 2007 to Rs 200 per sq.ft in 2024, with various increments and decrements in between.

What is the median guideline value in Periyanegamam?

The median guideline value in Periyanegamam is Rs 200 per sq.ft, which is the same as the current value for Anguli Chettiar Lane.

What are the stamp duty and registration fees for property in Anguli Chettiar Lane?

For a 1,000 sq.ft property at the current guideline value, the total fees would be Rs 18,000, which includes stamp duty and registration fees.

Where is the Sub Registrar Office for Anguli Chettiar Lane located?

The Sub Registrar Office for Anguli Chettiar Lane is located at No.36, Kovilpalayam Road, Kaliyappan Palayam, Near Police Station Negamam-642120, Coimbatore registration zone.