Guideline Value for Agraharam Erattai Street

Agraharam Erattai Street guideline value

The current guideline value of Agraharam Erattai Street is Rs 335 per sq.ft, effective from 1 July 2024. This street is located in Dharapuram Ward 1 village, under the Dharapuram SRO, and is classified as Residential Class II Type - II.

How the guideline value of Agraharam Erattai Street has changed

Looking back at the revisions, the guideline value for Agraharam Erattai Street was Rs 200 per sq.ft in 2012. It then decreased to Rs 134 per sq.ft in 2017. Following this, the value saw a significant increase to Rs 300 per sq.ft in 2023, and it has now risen to Rs 335 per sq.ft in the 2024 revision. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

Between the revisions, the guideline value increased by 124% from 2017 to 2023. The jump from 2023 to 2024 is 12%. Overall, from 2012 to 2024, the guideline value has increased by 68%.

Guideline values in Dharapuram Ward 1

In Dharapuram Ward 1, there are 11 streets that carry a 2024 guideline value, ranging from Rs 330 to Rs 440 per sq.ft. The median value for this area is Rs 335 per sq.ft, making Agraharam Erattai Street's 2024 figure equal to this median.

• Agraharam Ottrai Street: Rs 335 per sq.ft (2024)
• Adhidravidar Street: Rs 330 per sq.ft (2024)
• Arasupallipalayam: Rs 335 per sq.ft (2024)
• Chokkanatha palayam: Rs 335 per sq.ft (2024)
• Dhasappalipalayam: Rs 330 per sq.ft (2024)
• Karur Road: Rs 440 per sq.ft (2024)

Stamp duty and registration fee for property in Agraharam Erattai Street

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 3,35,000. The stamp duty at 7% would be Rs 23,450, and the registration fee at 2% would be Rs 6,700, bringing the total to Rs 30,150. 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 our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Agraharam Erattai Street?

The Sub Registrar Office that covers Agraharam Erattai Street is the Dharapuram Sub Registrar Office, located at Taluk Office Compound, Dharapuram 638 656, Coimbatore registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Dharapuram Ward 1

The guideline value is a crucial factor in property transactions in Dharapuram Ward 1. It is used to determine the stamp duty and registration fees that must be paid when a property is bought or sold. This ensures that the transaction is officially recorded and that the government receives the appropriate taxes.

When buying or selling a property, it is essential to be aware of the current guideline value, as it affects the overall cost of the transaction. Buyers should ensure they have the correct figures to avoid any surprises during the registration process.

Frequently asked questions

What is the current guideline value of Agraharam Erattai Street?

The current guideline value of Agraharam Erattai Street is Rs 335 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed significantly over the years, increasing from Rs 200 per sq.ft in 2012 to Rs 335 per sq.ft in 2024, which represents an overall increase of 68%.

What is the stamp duty for property transactions on Agraharam Erattai Street?

The stamp duty for property transactions on Agraharam Erattai Street is 7% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Agraharam Erattai Street located?

The Sub Registrar Office for Agraharam Erattai Street is located at Taluk Office Compound, Dharapuram 638 656, Coimbatore registration zone.

How is the guideline value determined?

The guideline value is determined by the Registration Department's guideline value register, which is updated periodically to reflect changes in property values across different areas.