Guideline Value for APPANAIDU LAYOUT PART

Appanaidu Layout Part guideline value

The current guideline value of Appanaidu Layout Part is Rs 770 per sq.ft, effective from 1 July 2024. This area is located in Vellalore village under the Singanallur SRO and is classified as Residential Class I Type - I.

How the guideline value of Appanaidu Layout Part has changed

The guideline value for Appanaidu Layout Part has seen several revisions over the years. The 2017 revision recorded a value of Rs 469 per sq.ft, which increased to Rs 700 per sq.ft in 2023. The latest revision in 2024 raised the value further to Rs 770 per sq.ft, marking a 10% increase from the previous year. Notably, the overall increase from the 2017 revision to the 2024 revision is 64%.

In the years prior to 2017, the register has no figure for this street in 2002, 2003, 2007, and 2012. The significant changes between revisions include a 49% increase from 2017 to 2023, and the 2024 revision reflects a continued upward trend in the guideline value.

Guideline values in Vellalore

In Vellalore, there are 307 streets under the Singanallur SRO that carry a 2024 guideline value, ranging from Rs 210 to Rs 3,850 per sq.ft. The median guideline value in this area is Rs 330 per sq.ft, positioning Appanaidu Layout Part above this median.

• Appa Naidu Layout Extension: Rs 770 per sq.ft (2024)
• Appai naidu layout: Rs 330 per sq.ft (2024)
• Appachiar Street: Rs 275 per sq.ft (2024)
• Anugraha gardens: Rs 220 per sq.ft (2024)
• Anna Street: Rs 220 per sq.ft (2024)
• Aristo Nagar: Rs 825 per sq.ft (2024)

Stamp duty and registration fee for property in Appanaidu Layout Part

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value amounts to Rs 7,70,000. The stamp duty, charged at 7%, would be Rs 53,900, and the registration fee at 2% would be Rs 15,400. Together, these fees total Rs 69,300. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Appanaidu Layout Part?

The Sub Registrar Office that covers Appanaidu Layout Part is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Vellalore. It serves as a reference point for determining the stamp duty and registration fees, which are calculated based on the guideline value or the sale price, whichever is higher.

When a property is registered, the guideline value ensures that the transaction is documented at a value that reflects the current market standards. This helps maintain transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value for Appanaidu Layout Part?

The current guideline value for Appanaidu Layout Part is Rs 770 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 469 per sq.ft in 2017 to Rs 770 per sq.ft in 2024, marking an overall increase of 64% over these years.

What are the stamp duty and registration fees for property in Appanaidu Layout Part?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would amount to Rs 69,300.

Which Sub Registrar Office covers Appanaidu Layout Part?

The Singanallur Sub Registrar Office covers Appanaidu Layout Part, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.

Where can I find more information about the guideline values in Vellalore?

More information about the guideline values in Vellalore can be found in the Registration Department's guideline value register (TNReginet) or by visiting the local Sub Registrar Office.