Guideline Value for Agraharam Street South

Agraharam Street South guideline value

The current guideline value of Agraharam Street South is Rs 1,120 per sq.ft. This street is located in Singanallur village under the Singanallur SRO, classified as Residential Class I Type - I.

How the guideline value of Agraharam Street South has changed

In the 2012 revision, the guideline value for Agraharam Street South was Rs 1,000 per sq.ft. This figure remained until the 2017 revision, where it decreased to Rs 670 per sq.ft, marking a decline of 33%. The value then increased significantly in the 2023 revision to Rs 1,000 per sq.ft, and further rose to Rs 1,120 per sq.ft in the 2024 revision, reflecting an increase of 12% from the previous year.

From the 2017 revision to the 2023 revision, there was a notable increase of 49%. Overall, from 2012 to 2024, 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 Singanallur

In Singanallur village, there are 313 streets under the Singanallur SRO that carry a 2024 guideline value, ranging from Rs 1,000 to Rs 3,360 per sq.ft. The median value is Rs 1,120 per sq.ft, which is equal to the 2024 figure for Agraharam Street South.

• Agrakaram (Erattai St): Rs 1,120 per sq.ft (2024)
• Aghrakaram Street North (61/1A): Rs 1,120 per sq.ft (2024)
• Akrakaram Kudiirupu East (317/2): Rs 1,120 per sq.ft (2024)
• Akrakaram kudiirupu west (317/7): Rs 1,120 per sq.ft (2024)
• Akrakaram perumal koil Street (318/50): Rs 1,120 per sq.ft (2024)
• Adapakadu kudiirupu: Rs 1,680 per sq.ft (2024)

Stamp duty and registration fee for property in Agraharam Street South

For a 1,000 sq.ft plot at the current rate of Rs 1,120 per sq.ft, the guideline value amounts to Rs 11,20,000. The stamp duty at 7% would be Rs 78,400, and the registration fee at 2% would be Rs 22,400, totaling Rs 1,00,800. 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 further calculations.

Which Sub Registrar Office covers Agraharam Street South?

The Sub Registrar Office that covers Agraharam Street 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 Singanallur

The guideline value is an essential factor during property registration in Singanallur. It determines the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When buying or selling property, the guideline value serves as a reference point for both parties. It is crucial to ensure that the sale price is at least equal to the guideline value to avoid any legal complications during the registration process.

Frequently asked questions

What is the current guideline value of Agraharam Street South?

The current guideline value of Agraharam Street South is Rs 1,120 per sq.ft, effective from July 1, 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then back to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,120 per sq.ft in 2024.

What is the land classification for Agraharam Street South?

Agraharam Street South is classified as Residential Class I Type - I.

What are the stamp duty and registration fees for property in Agraharam Street South?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 1,00,800.

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

The Singanallur Sub Registrar Office is located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone.