Guideline Value for AZHAKEGOUNDENPUDHUR

Azhakegoundenpudhur guideline value

The current guideline value of Azhakegoundenpudhur is Rs 448 per sq.ft, effective from 1 July 2024. This area is located in Kangeyam village, under the Kangeyam SRO, and is classified as Residential Class II Type - I.

How the guideline value of Azhakegoundenpudhur has changed

The guideline value for Azhakegoundenpudhur has undergone several revisions over the years. In 2012, the value was Rs 400 per sq.ft, which decreased to Rs 268 per sq.ft in 2017. Following this, the value increased significantly to Rs 400 per sq.ft in 2023, and then further rose to Rs 448 per sq.ft in 2024, marking a 12% increase from the previous year.

From 2017 to 2023, the guideline value saw a substantial increase of 49%. Overall, from 2012 to 2024, there has been a 12% increase in the guideline value. The revisions for the years 2002, 2003, and 2007 have no figures recorded for this street.

Guideline values in Kangeyam

Kangeyam village has a total of 202 streets under the Kangeyam SRO, with guideline values ranging from Rs 331 to Rs 1,120 per sq.ft. The median guideline value across these streets is Rs 448 per sq.ft, which is equal to the current guideline value for Azhakegoundenpudhur.

• Azhakegoundenpudhur Road: Rs 448 per sq.ft (2024)
• Ayyavumuthaliar Sandhu: Rs 832 per sq.ft (2024)
• Ayyavuchettiar Veethi: Rs 832 per sq.ft (2024)
• Ayyasamy Nagar Colony Third Street: Rs 448 per sq.ft (2024)
• Ayyasamynagar Colony Sixth Street: Rs 339 per sq.ft (2024)
• Ayyasamy Nagar Colony Second Street: Rs 448 per sq.ft (2024)

Stamp duty and registration fee for property in Azhakegoundenpudhur

For a 1,000 sq.ft plot at the current guideline value of Rs 448 per sq.ft, the total guideline value would be Rs 4,48,000. The stamp duty, charged at 7%, would amount to Rs 31,360, while the registration fee at 2% would be Rs 8,960, bringing the total cost for these fees to Rs 40,320. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Azhakegoundenpudhur?

The Sub Registrar Office that covers Azhakegoundenpudhur is the Kangeyam Sub Registrar Office, located at No.8, Taluk Office Campus, Kangeyam - 638701, Coimbatore registration zone.

You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Kangeyam. It serves as a benchmark for determining the stamp duty and registration fees that are applicable when buying or selling property in the area.

When a property is sold, the guideline value helps ensure that the transaction is recorded accurately, reflecting the value of the property as determined by the local authorities. This process helps maintain transparency and consistency in property dealings.

Frequently asked questions

What is the current guideline value of Azhakegoundenpudhur?

The current guideline value of Azhakegoundenpudhur is Rs 448 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2012 to Rs 268 per sq.ft in 2017, then increased to Rs 400 per sq.ft in 2023, and finally to Rs 448 per sq.ft in 2024.

What are the guideline values for other streets in Kangeyam?

Other streets in Kangeyam have guideline values ranging from Rs 331 to Rs 1,120 per sq.ft, with Azhakegoundenpudhur's value being equal to the median of Rs 448 per sq.ft.

What are the fees for registering property in Azhakegoundenpudhur?

The stamp duty is charged at 7% of the guideline value, while the registration fee is 2%. For a plot of 1,000 sq.ft, the total fees would amount to Rs 40,320.

Which office handles property registrations in Azhakegoundenpudhur?

The Kangeyam Sub Registrar Office is responsible for property registrations in Azhakegoundenpudhur, located at No.8, Taluk Office Campus, Kangeyam - 638701, Coimbatore registration zone.