Guideline Value for Aaanamalai amman kovil street

Aaanamalai amman kovil street guideline value

The current guideline value of Aaanamalai amman kovil street is Rs 275 per sq.ft, effective from 1 July 2024. This street is located in Vellalore village, under the Singanallur SRO, and is classified as Residential Class II Type - II.

How the guideline value of Aaanamalai amman kovil street has changed

The guideline value for Aaanamalai amman kovil street has undergone several revisions over the years. The earliest revision available is from 2012, where the guideline value was Rs 250 per sq.ft. In 2017, it decreased to Rs 167 per sq.ft, marking a decline of 33%. However, this figure rose significantly to Rs 250 per sq.ft in the 2023 revision, and then further increased to Rs 275 per sq.ft in the 2024 revision, reflecting a 10% increase.

From 2017 to 2023, the guideline value saw a substantial increase of 50%. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Vellalore

In Vellalore, there are 307 streets under the Singanallur SRO that have a 2024 guideline value ranging from Rs 210 to Rs 3,850 per sq.ft, with a median value of Rs 330 per sq.ft. Aaanamalai amman kovil street's 2024 figure of Rs 275 per sq.ft is below this median.

• Abirami Garden: Rs 220 per sq.ft (2024)
• Adhideravedar Nattam: Rs 330 per sq.ft (2024)
• Alamiyammal Street: Rs 330 per sq.ft (2024)
• Alayam Avenue: Rs 330 per sq.ft (2024)
• Alayam Nest: Rs 330 per sq.ft (2024)
• Alpha Residence Extension: Rs 330 per sq.ft (2024)

Stamp duty and registration fee for property in Aaanamalai amman kovil street

For a 1,000 sq.ft plot at the current guideline value of Rs 275 per sq.ft, the total guideline value would be Rs 2,75,000. The stamp duty at 7% would amount to Rs 19,250, and the registration fee at 2% would be Rs 5,500, bringing the total to Rs 24,750. It is important to note that 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 Aaanamalai amman kovil street?

The Sub Registrar Office that covers Aaanamalai amman kovil street is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor in the property registration process in Vellalore. It serves as a benchmark for calculating the stamp duty and registration fees that need to be paid during the transaction. Buyers and sellers must consider this value to ensure compliance with legal requirements.

When a property is sold, the guideline value helps determine the minimum value at which the property can be registered. This ensures that the transaction is recorded accurately and that the appropriate taxes are collected by the government.

Frequently asked questions

What is the current guideline value of Aaanamalai amman kovil street?

The current guideline value of Aaanamalai amman kovil street is Rs 275 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 250 per sq.ft in 2012 to Rs 167 per sq.ft in 2017, then increased to Rs 250 per sq.ft in 2023, and finally to Rs 275 per sq.ft in 2024.

What is the land classification of Aaanamalai amman kovil street?

Aaanamalai amman kovil street is classified as Residential Class II Type - II.

What are the stamp duty and registration fees for property in Aaanamalai amman kovil street?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot at Rs 275 per sq.ft, the total fees would be Rs 24,750.

Which Sub Registrar Office covers Aaanamalai amman kovil street?

The Singanallur Sub Registrar Office covers Aaanamalai amman kovil street, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.