Guideline Value for Agraharam South

Agraharam South guideline value

The current guideline value of Agraharam South is Rs 1,680 per sq.ft, effective from 1 July 2024. This area is located in Uppilipalayam village under the Singanallur SRO, classified as Residential Special Type - III.

How the guideline value of Agraharam South has changed

The guideline value for Agraharam South has undergone several revisions over the years. In 2012, the guideline value was Rs 1,500 per sq.ft. This figure remained until the next revision in 2017, where it decreased to Rs 1,005 per sq.ft. The 2023 revision saw a significant increase to Rs 1,500 per sq.ft, followed by the latest revision in 2024, which raised the value to Rs 1,680 per sq.ft.

Between the 2017 and 2023 revisions, there was a notable increase of 49%. The transition from 2023 to 2024 marked a 12% rise. Overall, from 2012 to 2024, the guideline value 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, with guideline values ranging from Rs 1,001 to Rs 6,160 per sq.ft. The median value is Rs 1,232 per sq.ft, placing Agraharam South's 2024 figure above this median.

• Ahuja Haven: Rs 2,016 per sq.ft (2024)
• Agathiar nagar / Street: Rs 1,680 per sq.ft (2024)
• 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)

Stamp duty and registration fee for property in Agraharam South

For a 1,000 sq.ft plot at the current rate of Rs 1,680 per sq.ft, the guideline value amounts to Rs 16,80,000. The stamp duty at 7% would be Rs 1,17,600, and the registration fee at 2% would be Rs 33,600, totaling Rs 1,51,200. 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 details.

Which Sub Registrar Office covers Agraharam South?

The Sub Registrar Office that covers Agraharam South 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 Uppilipalayam

The guideline value is a critical factor when buying or selling property in Uppilipalayam. It determines the minimum value at which the property can be registered, ensuring that the transaction is documented accurately for taxation purposes.

When you register a property, the guideline value helps in calculating the stamp duty and registration fees. This ensures that both the buyer and seller are aware of the financial obligations associated with the transaction.

Frequently asked questions

What is the current guideline value of Agraharam South?

The current guideline value of Agraharam South is Rs 1,680 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,680 per sq.ft in 2024, with various revisions in between, including a decrease to Rs 1,005 per sq.ft in 2017 and an increase to Rs 1,500 per sq.ft in 2023.

What is the stamp duty for property in Agraharam South?

The stamp duty for property in Agraharam South is 7% of the guideline value or the sale price, whichever is higher. For a property valued at Rs 16,80,000, the stamp duty would be Rs 1,17,600.

Which office handles property registrations in Agraharam South?

The Singanallur Sub Registrar Office handles property registrations in Agraharam South, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.

What are the other streets in Uppilipalayam?

Other streets in Uppilipalayam include Ahuja Haven, Agathiar nagar / Street, Aerodrom Rd Bharthi nagar, Aerodrome Road (SIHS Colony), Aerodrome nagar, and Adthi Dravidar Natham, each with their respective guideline values.