Guideline Value for Alagunatchi amman Kovil Street

Alagunatchi amman Kovil Street guideline value

The current guideline value of Alagunatchi amman Kovil Street is Rs 205 per sq.ft, effective from 1 July 2024. This street is located in Koogaloor village, under the Gobichettipalayam Joint II SRO, and is classified as Residential Special Type - III.

How the guideline value of Alagunatchi amman Kovil Street has changed

The guideline value for Alagunatchi amman Kovil Street has seen several revisions over the years. The earliest recorded figure is from 2007, when it was Rs 50 per sq.ft. This value increased significantly to Rs 150 per sq.ft in 2012, but then dropped to Rs 100 per sq.ft in 2017. The most recent revisions show an increase to Rs 200 per sq.ft in 2023, followed by a further increase to Rs 205 per sq.ft in 2024, marking a 3% rise from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 310%. Notably, the register does not contain figures for the years 2002 and 2003 for this street.

Guideline values in Koogaloor

In Koogaloor, there are 107 streets under the Gobichettipalayam Joint II SRO that carry a 2024 guideline value ranging from Rs 205 to Rs 205 per sq.ft. The median value for these streets is also Rs 205 per sq.ft, placing Alagunatchi amman Kovil Street at this median value.

• Alagappa Street: Rs 205 per sq.ft (2024)
• Ambedhkar Street: Rs 205 per sq.ft (2024)
• Anthiyur main road: Rs 205 per sq.ft (2024)
• Appachi Street: Rs 205 per sq.ft (2024)
• Arumaikarar kaliannan Street: Rs 205 per sq.ft (2024)
• Arumaikarrar Street: Rs 205 per sq.ft (2024)

Stamp duty and registration fee for property in Alagunatchi amman Kovil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 205 per sq.ft, the total guideline value amounts to Rs 2,05,000. The stamp duty at 7% would be Rs 14,350, and the registration fee at 2% would be Rs 4,100, bringing the total cost for these fees to Rs 18,450. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Alagunatchi amman Kovil Street?

The Sub Registrar Office that covers Alagunatchi amman Kovil Street is the Gobichettipalayam Joint II Sub Registrar Office, located at Integrated Registration Complex, 81-old Hospital Road, Near Market, Gobichettipalayam-638452, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Koogaloor. It serves as a benchmark for determining the stamp duty and registration fees that are applicable during the sale or purchase of property.

When a property is bought or sold, the guideline value is used to calculate the necessary fees, ensuring that all transactions are compliant with local regulations. Buyers and sellers should be aware of the guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Alagunatchi amman Kovil Street?

The current guideline value of Alagunatchi amman Kovil Street is Rs 205 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 50 per sq.ft in 2007 to Rs 205 per sq.ft in 2024, reflecting an overall increase of 310% over this period.

What are the other streets in Koogaloor with the same guideline value?

Other streets in Koogaloor with the same guideline value of Rs 205 per sq.ft include Alagappa Street, Ambedhkar Street, Anthiyur main road, Appachi Street, Arumaikarar kaliannan Street, and Arumaikarrar Street.

What fees are applicable when registering property in Alagunatchi amman Kovil Street?

When registering property in Alagunatchi amman Kovil Street, the applicable fees include a stamp duty of 7% and a registration fee of 2% based on the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Alagunatchi amman Kovil Street?

The Sub Registrar Office for Alagunatchi amman Kovil Street is located at Integrated Registration Complex, 81-old Hospital Road, Near Market, Gobichettipalayam-638452, Coimbatore registration zone.