Guideline Value for APPAVU ROWTHAR STREET

Appavu Rowthar Street guideline value

The current guideline value of Appavu Rowthar Street is Rs 475 per sq.ft, effective from 1 July 2024. This street is located in the village of Udumalpettai, under the Udumalpettai SRO, and is classified as Residential Class IV Type - II.

How the guideline value of Appavu Rowthar Street has changed

The guideline value for Appavu Rowthar Street has undergone several revisions over the years. The 2012 revision set the value at Rs 425 per sq.ft, which then decreased to Rs 285 per sq.ft in the 2017 revision. The 2023 revision increased the value to Rs 426 per sq.ft, followed by a further increase to Rs 475 per sq.ft in the 2024 revision, marking a 12% rise from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has seen a modest increase of 12%. Notably, there are no figures available for the years 2002, 2003, and 2007 for this street.

Guideline values in Ward - C

In Ward - C, there are 106 streets under the Udumalpettai SRO that carry a 2024 guideline value, ranging from Rs 380 to Rs 2,020 per sq.ft. The median value for these streets is Rs 475 per sq.ft, which is equal to the current guideline value for Appavu Rowthar Street.

• Appukutti Lane: Rs 380 per sq.ft (2024)
• Arulmozhi Lane: Rs 660 per sq.ft (2024)
• Angappan Lane: Rs 380 per sq.ft (2024)
• Avvayar Lane: Rs 1,800 per sq.ft (2024)
• Amanalinga Street: Rs 475 per sq.ft (2024)
• Amanalinga Nadar Street: Rs 475 per sq.ft (2024)

Stamp duty and registration fee for property in Appavu Rowthar Street

For a 1,000 sq.ft plot at the current rate, the guideline value would be Rs 4,75,000. The stamp duty at 7% would amount to Rs 33,250, and the registration fee at 2% would be Rs 9,500, bringing the total to Rs 42,750. It is important to note that 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 Appavu Rowthar Street?

The Sub Registrar Office that covers Appavu Rowthar Street is the Udumalpettai Sub Registrar Office, located at 21, Katcheri Street, Taluk Office Campus, Udumalpet-642126, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward - C

The guideline value is a crucial factor in the registration process when buying or selling property in Ward - C. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is used to assess the fees, ensuring that both the buyer and seller are aware of the financial implications of the sale. This process helps maintain transparency and standardization in property transactions.

Frequently asked questions

What is the current guideline value of Appavu Rowthar Street?

The current guideline value of Appavu Rowthar Street is Rs 475 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 425 per sq.ft in 2012 to Rs 475 per sq.ft in 2024, with various revisions in between, including a decrease to Rs 285 per sq.ft in 2017.

What is the stamp duty for property in Appavu Rowthar Street?

The stamp duty for property in Appavu Rowthar Street is 7% of the guideline value or the sale price, whichever is higher. For a 1,000 sq.ft plot, this would amount to Rs 33,250.

Where is the Sub Registrar Office for Appavu Rowthar Street located?

The Sub Registrar Office for Appavu Rowthar Street is located at 21, Katcheri Street, Taluk Office Campus, Udumalpet-642126, Coimbatore registration zone.

What other streets are in Ward - C?

Other streets in Ward - C include Appukutti Lane, Arulmozhi Lane, Angappan Lane, Avvayar Lane, Amanalinga Street, and Amanalinga Nadar Street, with varying guideline values.