Guideline Value for APPUKUTTI LANE

Appukutti Lane guideline value

The current guideline value of Appukutti Lane is Rs 380 per sq.ft, effective from 1 July 2024. This street is located in Ward - C village under the Udumalpettai SRO, classified as Residential Class V Type - I.

How the guideline value of Appukutti Lane has changed

The guideline value for Appukutti Lane has undergone several revisions over the years. In 2003, the value was Rs 118 per sq.ft, which increased significantly to Rs 350 per sq.ft in 2012. However, it then decreased to Rs 234 per sq.ft in 2017. Following this, the value rose sharply to Rs 350 per sq.ft in 2023, and finally to Rs 380 per sq.ft in 2024, reflecting a change of +9% from the previous year.

Overall, from 2003 to 2024, the guideline value has increased by +222%. The register does not contain figures for the years 2002 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, with a median value of Rs 475 per sq.ft. Appukutti Lane's current guideline value is below this median.

• Appavu Rowthar Street: Rs 475 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 Appukutti Lane

For a 1,000 sq.ft plot at the current rate of Rs 380 per sq.ft, the guideline value amounts to Rs 3,80,000. The stamp duty at 7% would be Rs 26,600, and the registration fee at 2% would be Rs 7,600, totaling Rs 34,200. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Appukutti Lane?

The Sub Registrar Office that covers Appukutti Lane 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 payable during the transaction.

When a property is sold, the guideline value is used to calculate the applicable charges, ensuring that both buyers and sellers are aware of the financial obligations involved. This helps maintain transparency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Appukutti Lane?

The current guideline value of Appukutti Lane is Rs 380 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 118 per sq.ft in 2003 to Rs 380 per sq.ft in 2024, reflecting an overall increase of +222% over the years.

What are the registration fees for property in Appukutti Lane?

For a property valued at Rs 3,80,000, the stamp duty would be Rs 26,600 and the registration fee would be Rs 7,600, totaling Rs 34,200.

Which Sub Registrar Office covers Appukutti Lane?

The Udumalpettai Sub Registrar Office covers Appukutti Lane, located at 21, Katcheri Street, Taluk Office Campus, Udumalpet - 642126, Coimbatore registration zone.

What is the land classification of Appukutti Lane?

Appukutti Lane is classified as Residential Class V Type - I, indicating its designation for residential use within the area.