Guideline Value for Alamiyammal Street

Alamiyammal Street guideline value

The current guideline value of Alamiyammal Street is Rs 330 per sq.ft, effective from 1 July 2024. This street is located in Vellalore village under the Singanallur SRO and is classified as Residential Class II Type - I.

How the guideline value of Alamiyammal Street has changed

The guideline value for Alamiyammal Street has undergone several revisions over the years. The earliest recorded figure is from 2012, where the value was Rs 300 per sq.ft. This was followed by a decrease to Rs 201 per sq.ft in 2017. The value then increased significantly by 49% to Rs 300 per sq.ft in 2023. The most recent revision in 2024 set the guideline value at Rs 330 per sq.ft, reflecting a 10% increase from the previous year.

There are no recorded figures for Alamiyammal Street in the years 2002, 2003, and 2007. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Vellalore

In Vellalore, there are 307 streets under the Singanallur SRO that carry a 2024 guideline value, ranging from Rs 210 to Rs 3,850 per sq.ft. The median guideline value is Rs 330 per sq.ft, which is equal to the 2024 figure for Alamiyammal Street.

• Alayam Avenue: Rs 330 per sq.ft (2024)
• Alayam Nest: Rs 330 per sq.ft (2024)
• Alpha Residence Extension: Rs 330 per sq.ft (2024)
• Alpha Residenchy: Rs 210 per sq.ft (2024)
• Adhideravedar Nattam: Rs 330 per sq.ft (2024)
• Abirami Garden: Rs 220 per sq.ft (2024)

Stamp duty and registration fee for property in Alamiyammal Street

For a 1,000 sq.ft plot at the current guideline value of Rs 330 per sq.ft, the total guideline value amounts to Rs 3,30,000. The stamp duty at 7% would be Rs 23,100, and the registration fee at 2% would be Rs 6,600, bringing the total to Rs 29,700. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Alamiyammal Street?

The Sub Registrar Office that covers Alamiyammal Street 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 Vellalore

The guideline value plays a crucial role in property transactions in Vellalore. It is used to determine the stamp duty and registration fees that buyers must pay when purchasing property. This ensures that the government receives the appropriate revenue from property transactions.

When selling a property, the guideline value is also considered to establish a baseline for the sale price. Buyers and sellers often refer to the guideline value to negotiate the terms of the sale, ensuring that both parties are aware of the official valuation set by the government.

Frequently asked questions

What is the current guideline value of Alamiyammal Street?

The current guideline value of Alamiyammal Street is Rs 330 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 300 per sq.ft in 2012 to Rs 201 per sq.ft in 2017, then increased to Rs 300 per sq.ft in 2023, and finally to Rs 330 per sq.ft in 2024.

What is the median guideline value in Vellalore?

The median guideline value for the 307 streets in Vellalore under the Singanallur SRO is Rs 330 per sq.ft, which is the same as the 2024 figure for Alamiyammal Street.

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

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty is Rs 23,100 and the registration fee is Rs 6,600, totaling Rs 29,700.

Which office handles the registration for Alamiyammal Street?

The Singanallur Sub Registrar Office handles the registration for Alamiyammal Street, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.