Guideline Value for Agamudaiyar Street

Agamudaiyar Street guideline value

The current guideline value of Agamudaiyar Street is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Sanganur village, under the Gandhipuram SRO, and is classified as Residential Class II Type - I.

How the guideline value of Agamudaiyar Street has changed

The guideline value of Agamudaiyar Street has seen several revisions over the years. In 2007, the guideline value was Rs 200 per sq.ft, which increased significantly to Rs 800 per sq.ft in 2012, marking a 300% rise. However, from 2012 to 2017, the value decreased to Rs 536 per sq.ft, a decline of 33%. The value then rose to Rs 1,000 per sq.ft in 2023, reflecting an 87% increase. The most recent revision in 2024 set the value at Rs 1,100 per sq.ft, a 10% increase from the previous year.

There are no figures available for the years 2002 and 2003 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 450%.

Guideline values in Sanganur.

In Sanganur, there are 394 streets under the Gandhipuram SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 10,080 per sq.ft, with a median value of Rs 1,120 per sq.ft. Agamudaiyar Street's 2024 figure is below this median.

• AK Nagar: Rs 1,900 per sq.ft (2024)
• Alagappa Chettiar Road: Rs 2,800 per sq.ft (2024)
• Alagesan Road (1 & 2): Rs 3,360 per sq.ft (2024)
• Amaravathy Street: Rs 1,120 per sq.ft (2024)
• Ambedkar Street: Rs 1,120 per sq.ft (2024)
• Ambrose Street: Rs 1,120 per sq.ft (2024)

Stamp duty and registration fee for property in Agamudaiyar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total to Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Agamudaiyar Street?

The Sub Registrar Office that covers Agamudaiyar Street is the Gandhipuram Sub Registrar Office, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is an important factor when registering property transactions in Sanganur. It serves as a benchmark for the minimum price at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value helps in determining the applicable stamp duty and registration fees. It is essential to consider this value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Agamudaiyar Street?

The current guideline value of Agamudaiyar Street is Rs 1,100 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 1,100 per sq.ft in 2024, marking an overall increase of 450% over the years.

What is the median guideline value in Sanganur?

The median guideline value in Sanganur is Rs 1,120 per sq.ft, while Agamudaiyar Street's 2024 value is below this median.

What are the stamp duty and registration fees for a property in Agamudaiyar Street?

For a property valued at Rs 11,00,000, the stamp duty would be Rs 77,000 and the registration fee would be Rs 22,000, totaling Rs 99,000.

Which office handles registrations for Agamudaiyar Street?

The registrations for Agamudaiyar Street are handled by the Gandhipuram Sub Registrar Office, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.