Guideline Value for ANUPPARPALAYAM PUTHUR

Anupparpalayam Puthur guideline value

The current guideline value of Anupparpalayam Puthur is Rs 890 per sq.ft, effective from 1 July 2024. This area falls under Velampalayam village, governed by the Tiruppur Joint II SRO, with a land classification of Mixed Type - I.

How the guideline value of Anupparpalayam Puthur has changed

The guideline value for Anupparpalayam Puthur has undergone several revisions over the years. The 2012 revision set the value at Rs 800 per sq.ft, which then decreased to Rs 536 per sq.ft in 2017. Following this, the value increased significantly to Rs 800 per sq.ft in 2023, and further rose to Rs 890 per sq.ft in 2024, marking an 11% increase from the previous year.

From 2017 to 2023, there was a notable increase of 49%. Overall, from 2012 to 2024, the guideline value has increased by 11%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Velampalayam

In Velampalayam, there are 472 streets under the Tiruppur Joint II SRO with a 2024 guideline value ranging from Rs 701 to Rs 4,480 per sq.ft. The median guideline value in this area is Rs 711 per sq.ft, which means that Anupparpalayam Puthur's value of Rs 890 per sq.ft is above this median.

• Anuparpalayam: Rs 890 per sq.ft (2024)
• Annipalayam: Rs 711 per sq.ft (2024)
• Appalo Kumaragam Avenue: Rs 770 per sq.ft (2024)
• Anna Street Virivu: Rs 715 per sq.ft (2024)
• Appollo Agaram Avenue: Rs 709 per sq.ft (2024)
• Anna St: Rs 770 per sq.ft (2024)

Stamp duty and registration fee for property in Anupparpalayam Puthur

For a 1,000 sq.ft plot at the current guideline value of Rs 890 per sq.ft, the total guideline value amounts to Rs 8,90,000. The stamp duty at 7% would be Rs 62,300, and the registration fee at 2% would be Rs 17,800, bringing the total cost of duty and fees to Rs 80,100. 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 further assistance.

Which Sub Registrar Office covers Anupparpalayam Puthur?

The Sub Registrar Office that covers Anupparpalayam Puthur is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, 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 Velampalayam

The guideline value is a crucial factor in property transactions as it determines the stamp duty and registration fees payable during the registration process. Buyers and sellers must consider this value to ensure compliance with local regulations and to understand the financial implications of their transactions.

When a property is sold, the guideline value serves as a benchmark for determining the minimum sale price. This ensures that the transaction is recorded accurately and that appropriate taxes are collected based on the established guideline value.

Frequently asked questions

What is the current guideline value of Anupparpalayam Puthur?

The current guideline value of Anupparpalayam Puthur is Rs 890 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 800 per sq.ft in 2012 to Rs 536 per sq.ft in 2017, then to Rs 800 per sq.ft in 2023, and finally to Rs 890 per sq.ft in 2024.

What is the median guideline value in Velampalayam?

The median guideline value in Velampalayam is Rs 711 per sq.ft, with Anupparpalayam Puthur's value being above this median at Rs 890 per sq.ft.

What are the stamp duty and registration fees for a property in Anupparpalayam Puthur?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a property valued at Rs 8,90,000, the total fees would amount to Rs 80,100.

Which office handles property registrations in Anupparpalayam Puthur?

The Tiruppur Joint II Sub Registrar Office handles property registrations in Anupparpalayam Puthur, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.