Guideline Value for Agasthisaya Industrial Estate

Agasthisaya Industrial Estate guideline value

The current guideline value of Agasthisaya Industrial Estate is Rs 165 per sq.ft, effective from 1 July 2024. This estate is located in Pappampatti village, under the Singanallur SRO, and is classified as Residential Class II Type - II.

How the guideline value of Agasthisaya Industrial Estate has changed

Over the years, the guideline value of Agasthisaya Industrial Estate has experienced several revisions. The earliest recorded figure is from 2012, which was Rs 150 per sq.ft. This was followed by a decrease to Rs 100 per sq.ft in 2017, marking a -33% change. In 2023, the value increased to Rs 150 per sq.ft, and then further rose to Rs 165 per sq.ft in 2024, reflecting a +10% change from the previous year.

There are no recorded figures for the years 2002, 2003, and 2007 for this street. From 2012 to 2024, the overall change in guideline value is +10%, with a significant increase of +50% from 2017 to 2023.

Guideline values in Pappampatti

Pappampatti village has a total of 140 streets under the Singanallur SRO, with guideline values ranging from Rs 140 to Rs 750 per sq.ft. The median guideline value for the village is Rs 195 per sq.ft, placing Agasthisaya Industrial Estate's current value below this median.

• AishyawariyaGarden: Rs 165 per sq.ft (2024)
• Alagapuri Nagar: Rs 170 per sq.ft (2024)
• Amman Nagar: Rs 165 per sq.ft (2024)
• Annai Nagar: Rs 165 per sq.ft (2024)
• Annamalai Garden: Rs 195 per sq.ft (2024)
• Arijana colony: Rs 170 per sq.ft (2024)

Stamp duty and registration fee for property in Agasthisaya Industrial Estate

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 1,65,000. The stamp duty at 7% would be Rs 11,550, and the registration fee at 2% would be Rs 3,300, totaling Rs 14,850. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for accurate calculations.

Which Sub Registrar Office covers Agasthisaya Industrial Estate?

The Sub Registrar Office that covers Agasthisaya Industrial Estate 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 more information.

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

The guideline value plays a crucial role during the registration of property transactions in Pappampatti. It is used to determine the stamp duty and registration fees that buyers and sellers must pay, ensuring that the transaction is recorded accurately.

When buying or selling property, the guideline value is the baseline for calculating the necessary fees. It is important for both parties to be aware of this value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Agasthisaya Industrial Estate?

The current guideline value of Agasthisaya Industrial Estate is Rs 165 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 150 per sq.ft in 2012 to Rs 100 per sq.ft in 2017, then to Rs 150 per sq.ft in 2023, and finally to Rs 165 per sq.ft in 2024.

What is the land classification of Agasthisaya Industrial Estate?

Agasthisaya Industrial Estate is classified as Residential Class II Type - II.

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, Coimbatore registration zone.

How is stamp duty calculated for properties in Agasthisaya Industrial Estate?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value leads to a total stamp duty and registration fee of Rs 14,850.