Guideline Value for Agragaram Street (316/7)

Agragaram Street (316/7) guideline value

The current guideline value of Agragaram Street (316/7) is Rs 1,000 per sq.ft, effective from 1 July 2024. This street is located in Annur village under the Annur SRO, classified as Commercial Class I Type - I.

How the guideline value of Agragaram Street (316/7) has changed

Over the years, the guideline value for Agragaram Street has seen several revisions. In the 2007 revision, the value was Rs 164 per sq.ft, which increased significantly to Rs 1,000 per sq.ft in the 2012 revision. However, this was followed by a decrease to Rs 670 per sq.ft in the 2017 revision. The value remained at Rs 1,000 per sq.ft in both the 2023 and 2024 revisions, showing no change between these two years.

From 2017 to 2023, the guideline value increased by 49%. The overall change from the 2007 revision to the 2024 revision reflects a substantial increase of 510%. Notably, there are no figures available for Agragaram Street in the 2002 and 2003 revisions.

Guideline values in Annur

In Annur, there are 225 streets under the Annur SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 1,000 per sq.ft. The median value for these streets is Rs 350 per sq.ft, placing Agragaram Street's 2024 figure above this median.

• Adhidravidar Quarters (22/2A5): Rs 200 per sq.ft (2024)
• Adhidravidar Quarters (22/2A4): Rs 200 per sq.ft (2024)
• Adhidravidar Quarters (22/2A3): Rs 200 per sq.ft (2024)
• Adhidravidar Quarters (22/2A2): Rs 200 per sq.ft (2024)
• Adhidravidar Quarters (22/2A1): Rs 200 per sq.ft (2024)
• Adhi Dravidar Quarters (22/1A3): Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Agragaram Street (316/7)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value amounts to Rs 10,00,000. The stamp duty, charged at 7%, would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total fees to Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Agragaram Street (316/7)?

Agragaram Street (316/7) falls under the jurisdiction of the Annur Sub Registrar Office, located at Csr Nagar, Avanashi Road, Annur, Coimbatore - 641 653. You can find your SRO for more details.

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

The guideline value plays a crucial role during the registration of property transactions in Annur. It is used to determine the stamp duty and registration fees, which are mandatory for any property transfer.

When buying or selling a property, the guideline value ensures that the transaction is recorded at a fair value, which is essential for legal and tax purposes. Buyers and sellers should be aware of the current guideline value to understand the financial implications of their transactions.

Frequently asked questions

What is the current guideline value of Agragaram Street (316/7)?

The current guideline value of Agragaram Street (316/7) is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 164 per sq.ft in 2007 to Rs 1,000 per sq.ft in 2012, then decreased to Rs 670 per sq.ft in 2017. It remained at Rs 1,000 per sq.ft in both 2023 and 2024.

What is the median guideline value in Annur?

The median guideline value for streets in Annur is Rs 350 per sq.ft, with Agragaram Street's value of Rs 1,000 per sq.ft being above this median.

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

The total stamp duty for a property valued at Rs 10,00,000 would be Rs 70,000, and the registration fee would be Rs 20,000, totaling Rs 90,000.

Which office handles the registration for Agragaram Street (316/7)?

The Annur Sub Registrar Office handles the registration for Agragaram Street (316/7), located at Csr Nagar, Avanashi Road, Annur, Coimbatore - 641 653.