Guideline Value for Aappaakkoodal thotta salaikal (414)

Aappaakkoodal thotta salaikal (414) guideline value

The current guideline value of Aappaakkoodal thotta salaikal (414) is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Aapakudal village under the Kavundapadi Sub Registrar Office (SRO) and falls under the Residential Class III Type - V land classification.

How the guideline value of Aappaakkoodal thotta salaikal (414) has changed

The guideline value for Aappaakkoodal thotta salaikal (414) has undergone several revisions over the years. In 2007, the value was set at Rs 20 per sq.ft, which increased significantly to Rs 150 per sq.ft in 2012. However, it then decreased to Rs 100 per sq.ft in 2017. The 2023 revision maintained the value at Rs 200 per sq.ft, which will remain the same in the upcoming 2024 revision.

From 2017 to 2023, the guideline value saw a 100% increase, while it decreased by 33% from 2012 to 2017. The most significant change occurred from 2007 to 2012, where the value rose by 650%. Overall, from 2007 to 2024, there has been a 900% increase in the guideline value for this street. The register has no figures for the years 2002 and 2003.

Guideline values in Aapakudal

Aapakudal village has a total of 51 streets under the Kavundapadi SRO with a 2024 guideline value ranging from Rs 200 to Rs 508 per sq.ft. The median guideline value for these streets is Rs 275 per sq.ft, placing Aappaakkoodal thotta salaikal (414) below this median.

• Aappakkoodal Main Road (416/1,3,4,5,6,374): Rs 400 per sq.ft (2024)
• Aa. Pudhupalayam Main Road (11,39/2,3,7,8,9,10,50/6,9,10,11,47/8 to12,63/1 to9,80/1 to5,87/1,4,5,8 to 11,97/1 to 5): Rs 275 per sq.ft (2024)
• Ambethkar street (414): Rs 200 per sq.ft (2024)
• Amman Koil Street (374): Rs 275 per sq.ft (2024)
• Anna Nagar (346/1,2,3,4,5,347/9,347/10,364/3,4): Rs 200 per sq.ft (2024)
• Anthiyur Main Road (44/3,52/11,12): Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Aappaakkoodal thotta salaikal (414)

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, totaling Rs 18,000. 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 Aappaakkoodal thotta salaikal (414)?

The Aappaakkoodal thotta salaikal (414) is covered by the Kavundapadi Sub Registrar Office, located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Aapakudal. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When a property is sold, the guideline value is compared with the sale price, and the higher amount is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Aappaakkoodal thotta salaikal (414)?

The current guideline value of Aappaakkoodal thotta salaikal (414) 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 20 per sq.ft in 2007 to Rs 200 per sq.ft in 2024, showing a total increase of 900% over the years.

What are the other streets in Aapakudal and their guideline values?

Other streets in Aapakudal include Aappakkoodal Main Road at Rs 400 per sq.ft, Aa. Pudhupalayam Main Road at Rs 275 per sq.ft, and Ambethkar street at Rs 200 per sq.ft, among others.

What are the stamp duty and registration fees for property in Aappaakkoodal thotta salaikal (414)?

For a 1,000 sq.ft property at the current guideline value, the total stamp duty and registration fees would amount to Rs 18,000, based on the guideline value of Rs 2,00,000.

Which office do I contact for property registration in Aappaakkoodal?

The Kavundapadi Sub Registrar Office is responsible for property registrations in Aappaakkoodal thotta salaikal (414). The office is located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone.