Guideline Value for Allikulam Sathy Road (111/2)

Allikulam Sathy Road (111/2) guideline value

The current guideline value of Allikulam Sathy Road (111/2) is Rs 1,000 per sq.ft, effective from 1 July 2024. This road is located in Annur village, under the Annur SRO, and is classified as Commercial Class I Type - I.

How the guideline value of Allikulam Sathy Road (111/2) has changed

The guideline value for Allikulam Sathy Road (111/2) has seen several revisions over the years. In the 2007 revision, the value was Rs 50 per sq.ft, which increased significantly to Rs 1,000 per sq.ft in the 2012 revision, reflecting a change of +1900%. However, the value dropped to Rs 670 per sq.ft in the 2017 revision, marking a decrease of -33%. The guideline value remained at Rs 1,000 per sq.ft for both the 2023 and 2024 revisions, indicating no change between these two years.

It is important to note that there are no figures available for the revisions in 2002 and 2003 for this street. Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by +1900%.

Guideline values in Annur

In Annur, there are 225 streets under the Annur SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 1,000 per sq.ft. The median guideline value for these streets is Rs 350 per sq.ft, placing Allikulam Sathy Road (111/2) above this median.

• AlliKulam Sathy Road (111/1): Rs 1,000 per sq.ft (2024)
• Allikulam Sathy Road (110): Rs 1,000 per sq.ft (2024)
• Alampalayam (702/3): Rs 200 per sq.ft (2024)
• Alampalayam (702/2): Rs 200 per sq.ft (2024)
• Agragaram Street (316/7): Rs 1,000 per sq.ft (2024)
• Adhidravidar Quarters (22/2A5): Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Allikulam Sathy Road (111/2)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total cost for these fees to Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Allikulam Sathy Road (111/2)?

The Sub Registrar Office covering Allikulam Sathy Road (111/2) is the Annur Sub Registrar Office, located at Csr Nagar, Avanashi Road, Annur, Coimbatore - 641 653, in the Coimbatore registration zone. To locate your SRO, you can find your SRO.

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

The guideline value is a crucial factor when registering property transactions in Annur. It serves as a benchmark for determining the minimum value at which a property can be sold or purchased, ensuring transparency and fairness in property dealings.

When you register a property, the guideline value will be used to calculate the applicable stamp duty and registration fees. This ensures that both buyers and sellers are aware of the financial obligations involved in the transaction.

Frequently asked questions

What is the current guideline value of Allikulam Sathy Road (111/2)?

The current guideline value of Allikulam Sathy Road (111/2) is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 50 per sq.ft in 2007 to Rs 1,000 per sq.ft in 2012, then decreased to Rs 670 per sq.ft in 2017, and has remained at Rs 1,000 per sq.ft for both 2023 and 2024.

What is the land classification for Allikulam Sathy Road (111/2)?

Allikulam Sathy Road (111/2) is classified as Commercial Class I Type - I, indicating its suitability for commercial activities.

Where can I find the registration office for this area?

The registration office for Allikulam Sathy Road (111/2) is the Annur Sub Registrar Office, located at Csr Nagar, Avanashi Road, Annur, Coimbatore - 641 653.

How is stamp duty calculated for properties in Allikulam Sathy Road (111/2)?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the stamp duty would be Rs 70,000.