Guideline Value for ANNAI PILLAYAR KOIL STREET (KALAPPATTI)

Annai Pillayar Koil Street (Kalappatti) guideline value

The current guideline value of Annai Pillayar Koil Street (Kalappatti) is Rs 1,045 per sq.ft, effective from 1 July 2024. This street is located in KALAPATTY_East village under the Gandhipuram SRO, classified as Residential Class II Type - I.

How the guideline value of Annai Pillayar Koil Street (Kalappatti) has changed

The guideline value for Annai Pillayar Koil Street (Kalappatti) has seen significant changes over the years. In the 2017 revision, the value was Rs 335 per sq.ft, which increased to Rs 1,000 per sq.ft in the 2023 revision, marking a 199% rise. The latest revision in 2024 set the value at Rs 1,045 per sq.ft, reflecting a 5% increase from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 for this street. Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 212%.

Guideline values in KALAPATTY_East

In KALAPATTY_East, there are 358 streets under the Gandhipuram SRO that carry a 2024 guideline value ranging from Rs 1,010 to Rs 3,920 per sq.ft. The median value for these streets is Rs 1,055 per sq.ft, placing Annai Pillayar Koil Street's 2024 figure slightly below this median.

• Annai Nagar (Veeriyampalayam): Rs 1,045 per sq.ft (2024)
• Annai Garden (Kalappatti): Rs 1,065 per sq.ft (2024)
• Annamalai Industrial Park (Kalappatti): Rs 1,060 per sq.ft (2024)
• Annamalai Residency: Rs 1,040 per sq.ft (2024)
• Anna Street (Kalappatti): Rs 1,040 per sq.ft (2024)
• Anna Street (Valiyampalayam): Rs 1,040 per sq.ft (2024)

Stamp duty and registration fee for property in Annai Pillayar Koil Street (Kalappatti)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,045 per sq.ft, the total guideline value would be Rs 10,45,000. The stamp duty at 7% would amount to Rs 73,150, while the registration fee at 2% would be Rs 20,900, bringing the total cost to Rs 94,050. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Annai Pillayar Koil Street (Kalappatti)?

The Sub Registrar Office that covers Annai Pillayar Koil Street (Kalappatti) is the Gandhipuram Sub Registrar Office. The address is Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in KALAPATTY_East. It serves as a benchmark for determining the stamp duty and registration fees, which are calculated based on this value or the sale price, whichever is higher.

Understanding the guideline value is essential for buyers and sellers as it impacts the overall cost of property transactions. It ensures that the property is registered at a value that reflects the current market conditions as per the official register.

Frequently asked questions

What is the current guideline value of Annai Pillayar Koil Street (Kalappatti)?

The current guideline value of Annai Pillayar Koil Street (Kalappatti) is Rs 1,045 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, from Rs 335 per sq.ft in 2017 to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,045 per sq.ft in 2024.

What is the median guideline value in KALAPATTY_East?

The median guideline value for streets in KALAPATTY_East is Rs 1,055 per sq.ft, with Annai Pillayar Koil Street's current value being slightly below this median.

What are the stamp duty and registration fees for properties here?

For a property valued at Rs 10,45,000, the stamp duty would be Rs 73,150 and the registration fee would be Rs 20,900, totaling Rs 94,050.

Which office handles the registration for this street?

The registration for Annai Pillayar Koil Street (Kalappatti) is handled by the Gandhipuram Sub Registrar Office, located near Saravanampatti Police Station.