Guideline Value for Agathiar nagar / Street

Agathiar nagar / Street guideline value

The current guideline value of Agathiar nagar / Street is Rs 1,680 per sq.ft, effective from 1 July 2024. This street is located in Uppilipalayam village, under the Singanallur SRO, with a land classification of Residential Special Type - III.

How the guideline value of Agathiar nagar / Street has changed

In the 2012 revision, the guideline value was Rs 1,500 per sq.ft. This value decreased to Rs 1,005 per sq.ft in the 2017 revision, marking a decline of 33%. However, the value saw a substantial increase to Rs 1,500 per sq.ft in 2023, and further rose to Rs 1,680 per sq.ft in 2024, reflecting a 12% increase from the previous year.

From 2017 to 2023, the guideline value increased by 49%. Overall, comparing the 2012 and 2024 revisions, the guideline value has increased by 12%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Uppilipalayam

In Uppilipalayam, there are 361 streets under the Singanallur SRO that carry a 2024 guideline value ranging from Rs 1,001 to Rs 6,160 per sq.ft. The median value for these streets is Rs 1,232 per sq.ft, placing Agathiar nagar / Street above this median.

• Aerodrom Rd Bharthi nagar: Rs 1,120 per sq.ft (2024)
• Aerodrome Road (SIHS Colony): Rs 1,001 per sq.ft (2024)
• Aerodrome nagar: Rs 1,120 per sq.ft (2024)
• Adthi Dravidar Natham: Rs 1,005 per sq.ft (2024)
• Agraharam South: Rs 1,680 per sq.ft (2024)
• Ahuja Haven: Rs 2,016 per sq.ft (2024)

Stamp duty and registration fee for property in Agathiar nagar / Street

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 amount to Rs 1,17,600, and the registration fee at 2% would be Rs 33,600, bringing the total charges to Rs 1,51,200. Please note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more precise calculations based on your property details.

Which Sub Registrar Office covers Agathiar nagar / Street?

The Agathiar nagar / Street is covered by the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. For more information, you can find your SRO.

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

The guideline value is a critical factor during the registration process of property transactions in Uppilipalayam. It serves as a benchmark to determine the minimum value at which a property can be registered, ensuring that the transaction is transparent and fair.

When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees. This helps in maintaining a standard across transactions and prevents undervaluation of properties.

Frequently asked questions

What is the current guideline value for Agathiar nagar / Street?

The current guideline value for Agathiar nagar / Street is Rs 1,680 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2012, the guideline value has changed from Rs 1,500 to Rs 1,680 per sq.ft in 2024, with notable increases and decreases in between, including a decrease to Rs 1,005 per sq.ft in 2017.

What is the land classification for Agathiar nagar / Street?

The land classification for Agathiar nagar / Street is Residential Special Type - III, indicating its designated use for residential purposes.

Where can I find the registration office for Agathiar nagar / Street?

The registration office covering Agathiar nagar / Street is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.

How is stamp duty calculated for properties in Agathiar nagar / Street?

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 7%.