Guideline Value for ATRUPPATHAI

Atruppathai guideline value

The current guideline value of Atruppathai is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Anaimalai village, under the Anaimalai SRO, and is classified as Residential Class II Type - III.

How the guideline value of Atruppathai has changed

Over the years, the guideline value of Atruppathai has seen several revisions. The earliest recorded figure is from 2007, where the value was Rs 115 per sq.ft. This increased to Rs 200 per sq.ft in 2012, then decreased to Rs 134 per sq.ft in 2017. The 2023 revision maintained the value at Rs 200 per sq.ft, and the upcoming 2024 revision will also see the value remain at Rs 200 per sq.ft. The register does not contain figures for the years 2002 and 2003 for this street.

In terms of percentage changes, from 2007 to 2012, there was an increase of 74%. However, from 2012 to 2017, the value decreased by 33%. The value then increased by 49% from 2017 to 2023, and overall, from 2007 to 2024, there has been a 74% increase in the guideline value.

Guideline values in Anaimalai

Anaimalai village has 144 streets under the Anaimalai SRO, with guideline values for 2024 ranging from Rs 200 to Rs 826 per sq.ft. The median value for these streets is Rs 326 per sq.ft, indicating that Atruppathai's current guideline value is below this median.

• Asiriyar Manra Nagar: Rs 350 per sq.ft (2024)
• Balaji Nagar: Rs 234 per sq.ft (2024)
• Arasappan Street: Rs 200 per sq.ft (2024)
• Anumandarayar Kovil Street: Rs 326 per sq.ft (2024)
• Bright Garden: Rs 326 per sq.ft (2024)
• Brindavan Nagar: Rs 350 per sq.ft (2024)

Stamp duty and registration fee for property in Atruppathai

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, making the total Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Atruppathai?

The Sub Registrar Office that covers Atruppathai is the Anaimalai Sub Registrar Office, located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration of property transactions in Anaimalai. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees applicable to the transaction.

It is essential for buyers and sellers to be aware of the guideline value, as it affects the overall cost of the transaction. The registration process will require payment of duties based on this value, ensuring that all transactions are conducted in accordance with legal requirements.

Frequently asked questions

What is the current guideline value of Atruppathai?

The current guideline value of Atruppathai is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 115 per sq.ft in 2007 to Rs 200 per sq.ft in 2012, then decreased to Rs 134 per sq.ft in 2017. It remained at Rs 200 per sq.ft in 2023 and will continue at this rate in 2024.

What are the guideline values for other streets in Anaimalai?

Other streets in Anaimalai have varying guideline values, with rates ranging from Rs 200 to Rs 826 per sq.ft. The median value for these streets is Rs 326 per sq.ft.

How is stamp duty calculated for properties in Atruppathai?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 200 per sq.ft, the total stamp duty would be Rs 14,000.

Where can I find the Sub Registrar Office for Atruppathai?

The Sub Registrar Office for Atruppathai is located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104. You can find more details by visiting the appropriate link.