Guideline Value for APS NAGAR

Aps Nagar guideline value

The current guideline value of Aps Nagar is Rs 250 per sq.ft, effective from 1 July 2024. This area is located in Odaiyakulam village and falls under the Anaimalai SRO. The land classification for this street is Residential Class I Type - I.

How the guideline value of Aps Nagar has changed

The guideline value for Aps Nagar has seen several revisions over the years. The earliest recorded figure is from 2012, where the value was Rs 250 per sq.ft. This was followed by a decrease to Rs 167 per sq.ft in 2017, marking a reduction of 33%. From 2017, the value increased by 50% to Rs 250 per sq.ft in 2023, and it remained the same in the 2024 revision.

There are no recorded figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has not changed, remaining at Rs 250 per sq.ft.

Guideline values in Odaiyakulam

In Odaiyakulam, there are 72 streets under the Anaimalai SRO with a 2024 guideline value ranging from Rs 101 to Rs 448 per sq.ft. The median value for these streets is Rs 200 per sq.ft, placing Aps Nagar above this median.

• Ap Rathinam Layout: Rs 250 per sq.ft (2024)
• Arivoli Nagar: Rs 250 per sq.ft (2024)
• Anaimalai Dharmaraja Colony: Rs 350 per sq.ft (2024)
• Alukusamiyar Kovil Street: Rs 200 per sq.ft (2024)
• Big Bazzar Street: Rs 200 per sq.ft (2024)
• Boyar Street: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Aps Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total guideline value would be Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, totaling Rs 22,500. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Aps Nagar?

The Aps Nagar area is covered by the Anaimalai Sub Registrar Office, located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104, Coimbatore registration zone. To find your specific SRO, you can find your SRO.

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

The guideline value is a crucial factor during the registration of property transactions in Odaiyakulam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property.

When a property is sold, the guideline value helps ensure that the transaction is recorded at a fair value, which is essential for tax purposes. Buyers and sellers should be aware of the current guideline value to understand their financial obligations during the transaction.

Frequently asked questions

What is the current guideline value of Aps Nagar?

The current guideline value of Aps Nagar is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 250 per sq.ft since 2012, with a decrease to Rs 167 per sq.ft in 2017, followed by an increase back to Rs 250 per sq.ft in 2023 and 2024.

What is the stamp duty rate for property in Aps Nagar?

The stamp duty rate for property transactions in Aps Nagar is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Anaimalai Sub Registrar Office?

The Anaimalai Sub Registrar Office is located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104, Coimbatore registration zone.

What other streets have similar guideline values in Odaiyakulam?

Other streets in Odaiyakulam with similar guideline values include Ap Rathinam Layout, Arivoli Nagar, and Boyar Street, all at Rs 250 per sq.ft for 2024.