Guideline Value for Adapakadu kudiirupu

Adapakadu kudiirupu guideline value

The current guideline value of Adapakadu kudiirupu is Rs 1,680 per sq.ft, effective from 1 July 2024. This locality is situated in Singanallur village, under the jurisdiction of the Singanallur SRO. The land classification for this area is Mixed Type - I.

How the guideline value of Adapakadu kudiirupu has changed

The guideline value for Adapakadu kudiirupu has seen several revisions over the years. In 2007, the value was Rs 200 per sq.ft, which increased significantly to Rs 1,500 per sq.ft in 2012. However, there was a decrease to Rs 1,005 per sq.ft in 2017. The value then rose to Rs 1,500 per sq.ft in 2023, before reaching the current rate of Rs 1,680 per sq.ft in 2024.

From 2017 to 2023, the guideline value increased by 49%. The jump from 2023 to 2024 represents a 12% rise. Overall, from 2007 to 2024, the guideline value has increased by 740%.

Guideline values in Singanallur

In Singanallur, there are 313 streets under the Singanallur SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 3,360 per sq.ft, with a median value of Rs 1,120 per sq.ft. The guideline value for Adapakadu kudiirupu is above this median.

• Aghrakaram Street North (61/1A): Rs 1,120 per sq.ft (2024)
• Agraharam Street South: Rs 1,120 per sq.ft (2024)
• Agrakaram (Erattai St): Rs 1,120 per sq.ft (2024)
• Akrakaram Kudiirupu East (317/2): Rs 1,120 per sq.ft (2024)
• Akrakaram kudiirupu west (317/7): Rs 1,120 per sq.ft (2024)
• Akrakaram perumal koil Street (318/50): Rs 1,120 per sq.ft (2024)

Stamp duty and registration fee for property in Adapakadu kudiirupu

For a 1,000 sq.ft plot at the current guideline value of Rs 1,680 per sq.ft, the total guideline value would be Rs 16,80,000. The stamp duty at 7% would be Rs 1,17,600, and the registration fee at 2% would be Rs 33,600, bringing the total to Rs 1,51,200. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Adapakadu kudiirupu?

The Sub Registrar Office that covers Adapakadu kudiirupu is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111. You can find your SRO for more details.

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

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

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

Frequently asked questions

What is the current guideline value of Adapakadu kudiirupu?

The current guideline value of Adapakadu kudiirupu is Rs 1,680 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 200 per sq.ft in 2007 to Rs 1,680 per sq.ft in 2024, reflecting an overall increase of 740% over the years.

What is the land classification for Adapakadu kudiirupu?

The land classification for Adapakadu kudiirupu is Mixed Type - I, indicating a diverse use of land in the area.

Where can I find the Singanallur Sub Registrar Office?

The Singanallur Sub Registrar Office is located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.

How is the stamp duty calculated for property in Adapakadu kudiirupu?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 16,80,000, the stamp duty would be Rs 1,17,600 at a rate of 7%.