Guideline Value for Agriculture Depot Street (154)

Agriculture Depot Street (154) guideline value

The current guideline value of Agriculture Depot Street (154) in Thadapalli Gramam village is Rs 210 per sq.ft, effective from 1 July 2024. This street falls under the Sathyamangalam SRO and is classified as Residential Class I Type - I.

How the guideline value of Agriculture Depot Street (154) has changed

The guideline value for Agriculture Depot Street (154) has undergone several revisions over the years. In 2007, the guideline value was Rs 45 per sq.ft. This increased significantly to Rs 200 per sq.ft in 2012, marking a rise of 344%. However, between 2012 and 2017, the value decreased to Rs 134 per sq.ft, a decline of 33%. The value then rose again to Rs 200 per sq.ft in 2023, reflecting a 49% increase. The most recent revision in 2024 set the guideline value at Rs 210 per sq.ft, which is a 5% increase from the previous year.

It is important to note that there are no figures available for Agriculture Depot Street in the revisions for 2002 and 2003.

Guideline values in Thadapalli Gramam

In Thadapalli Gramam, there are 60 streets under the Sathyamangalam SRO that carry a 2024 guideline value, with values ranging from Rs 210 to Rs 210 per sq.ft; the median value is also Rs 210 per sq.ft. Agriculture Depot Street (154) has a 2024 guideline value that is equal to this median.

• Ammasai Street (165): Rs 210 per sq.ft (2024)
• Appachi Street (154): Rs 210 per sq.ft (2024)
• A.P. Palani Street (145/3): Rs 210 per sq.ft (2024)
• Arunachalam street (31/1): Rs 210 per sq.ft (2024)
• Balusamy Street (165): Rs 210 per sq.ft (2024)
• Chinniran Street (165): Rs 210 per sq.ft (2024)

Stamp duty and registration fee for property in Agriculture Depot Street (154)

For a 1,000 sq.ft plot at the current rate of Rs 210 per sq.ft, the guideline value amounts to Rs 2,10,000. The stamp duty at 7% would be Rs 14,700, and the registration fee at 2% would be Rs 4,200, bringing the total to Rs 18,900. It is important to 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 details.

Which Sub Registrar Office covers Agriculture Depot Street (154)?

The Sub Registrar Office that covers Agriculture Depot Street (154) is the Sathyamangalam Sub Registrar Office, located at No.75, Municipal Primary School, North Street, atthani Road, Sathyamangalam - 638401, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor in the registration process when buying or selling property in Thadapalli Gramam. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction.

Frequently asked questions

What is the current guideline value of Agriculture Depot Street (154)?

The current guideline value of Agriculture Depot Street (154) is Rs 210 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 45 per sq.ft in 2007 to Rs 210 per sq.ft in 2024, reflecting an overall increase of 367% over the years.

What is the land classification for Agriculture Depot Street (154)?

Agriculture Depot Street (154) is classified as Residential Class I Type - I under the current guidelines.

Where can I find the Sathyamangalam Sub Registrar Office?

The Sathyamangalam Sub Registrar Office is located at No.75, Municipal Primary School, North Street, atthani Road, Sathyamangalam - 638401, Coimbatore registration zone.

How is the stamp duty calculated for properties in Thadapalli Gramam?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property with a guideline value of Rs 2,10,000, the stamp duty at 7% would be Rs 14,700.