Guideline Value for Alampalayam Natham

Alampalayam Natham guideline value

The current guideline value of Alampalayam Natham is Rs 335 per sq.ft, effective from 1 July 2024. This village falls under the Punchaipuliyampatti SRO and is classified as Residential Class II Type - II.

How the guideline value of Alampalayam Natham has changed

Over the years, the guideline value for Alampalayam Natham has seen significant changes. The 2007 revision recorded a value of Rs 40 per sq.ft, which increased to Rs 150 per sq.ft in 2012. However, this was followed by a decrease to Rs 100 per sq.ft in 2017. The value then surged to Rs 300 per sq.ft in the 2023 revision, and currently stands at Rs 335 per sq.ft as per the 2024 revision. The register has no figures for the years 2002 and 2003 for this street.

In terms of percentage changes, the guideline value increased by 738% from 2007 to 2024. Notably, there was a 275% increase from 2007 to 2012, followed by a 33% decrease from 2012 to 2017. The value then saw a remarkable 200% increase from 2017 to 2023, and a further 12% rise from 2023 to 2024.

Guideline values in Punjaipuliampatti

In Punjaipuliampatti, there are 116 streets under the Punchaipuliyampatti SRO that have a guideline value for 2024, ranging from Rs 335 to Rs 1,680 per sq.ft, with a median of Rs 780 per sq.ft. The guideline value of Alampalayam Natham is below this median.

• A.Govindhasamy Street: Rs 780 per sq.ft (2024)
• Ambethkar Street: Rs 1,340 per sq.ft (2024)
• Aasath Street: Rs 1,120 per sq.ft (2024)
• Anjanenjan Azhagiri Street: Rs 780 per sq.ft (2024)
• Anna Nagar Harijan Colony: Rs 670 per sq.ft (2024)
• Anna Street: Rs 780 per sq.ft (2024)

Stamp duty and registration fee for property in Alampalayam Natham

For a 1,000 sq.ft plot at the current guideline value of Rs 335 per sq.ft, the total guideline value amounts to Rs 3,35,000. The stamp duty at 7% would be Rs 23,450, and the registration fee at 2% would be Rs 6,700, bringing the total fees to Rs 30,150. 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 Alampalayam Natham?

The Sub Registrar Office that covers Alampalayam Natham is the Punchaipuliyampatti Sub Registrar Office, located at Chathiram Road, Bus Stand Back Side, Punjai Puliayampatti - 638459, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration of property transactions in Punjaipuliampatti. When a property is bought or sold, the guideline value is used to calculate the stamp duty and registration fees that are payable at the time of registration.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly affects the overall cost of the transaction. Proper understanding of these values can help in planning financial aspects related to property dealings.

Frequently asked questions

What is the current guideline value of Alampalayam Natham?

The current guideline value of Alampalayam Natham is Rs 335 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2007?

Since 2007, the guideline value has increased by 738%, from Rs 40 per sq.ft in 2007 to Rs 335 per sq.ft in 2024.

What is the land classification of Alampalayam Natham?

Alampalayam Natham is classified as Residential Class II Type - II according to the guideline value register.

Where is the Punchaipuliyampatti Sub Registrar Office located?

The Punchaipuliyampatti Sub Registrar Office is located at Chathiram Road, Bus Stand Back Side, Punjai Puliayampatti - 638459, Coimbatore registration zone.

How is the stamp duty calculated for property in Alampalayam Natham?

The stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 3,35,000, the stamp duty would be Rs 23,450.