Guideline Value for Ammaniammal East west Street

Ammaniammal East west Street guideline value

The current guideline value of Ammaniammal East west Street is Rs 880 per sq.ft, effective from 1 July 2024. This street is located in Ward - O village under the Tiruppur Joint II SRO, classified as Mixed Type - I land.

How the guideline value of Ammaniammal East west Street has changed

The guideline value for Ammaniammal East west Street has seen several revisions over the years. The oldest recorded figure is from 2007, where the value was Rs 495 per sq.ft. This increased to Rs 800 per sq.ft in 2012, marking a 62% rise. However, the value then dropped to Rs 536 per sq.ft in 2017, reflecting a decrease of 33%. The following revision in 2023 set the value at Rs 800 per sq.ft, a significant increase of 49%. The latest revision in 2024 has brought the value to Rs 880 per sq.ft, which is a 10% increase from the previous year.

It is important to note that there are no figures available for Ammaniammal East west Street in the revisions for the years 2002 and 2003. Overall, from 2007 to 2024, the guideline value has increased by 78%.

Guideline values in Ward - O

In Ward - O, there are 177 streets that carry a 2024 guideline value, ranging from Rs 701 to Rs 4,400 per sq.ft. The median value for these streets is Rs 880 per sq.ft, which aligns with the current guideline value for Ammaniammal East west Street.

• Ammaniammal layout: Rs 880 per sq.ft (2024)
• Ammaniammal Layout IInd Street: Rs 880 per sq.ft (2024)
• Ammaniammal Layout Ist Street: Rs 880 per sq.ft (2024)
• Ammaniammal Layout main road: Rs 880 per sq.ft (2024)
• A K R Garden: Rs 1,540 per sq.ft (2024)
• Annamar colony: Rs 705 per sq.ft (2024)

Stamp duty and registration fee for property in Ammaniammal East west Street

For a 1,000 sq.ft plot at the current guideline value of Rs 880 per sq.ft, the total guideline value would be Rs 8,80,000. The stamp duty at 7% would amount to Rs 61,600, while the registration fee at 2% would be Rs 17,600, resulting in a total of Rs 79,200. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ammaniammal East west Street?

The Sub Registrar Office that covers Ammaniammal East west Street is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward - O

The guideline value is a crucial factor in the registration process when buying or selling property in Ward - O. It serves as a benchmark for determining the applicable stamp duty and registration fees, ensuring that both parties are aware of the financial obligations involved in the transaction.

When a property is registered, the guideline value is compared to the sale price, and the higher amount is used to calculate the stamp duty. This ensures that the government receives the appropriate revenue from property transactions, reflecting the value of the property being transferred.

Frequently asked questions

What is the current guideline value of Ammaniammal East west Street?

The current guideline value of Ammaniammal East west Street is Rs 880 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 495 per sq.ft in 2007 to Rs 880 per sq.ft in 2024, reflecting an overall increase of 78% over the years.

What is the median guideline value for streets in Ward - O?

The median guideline value for streets in Ward - O is Rs 880 per sq.ft, which is the same as the current guideline value for Ammaniammal East west Street.

What are the stamp duty and registration fees for property in Ammaniammal East west Street?

For a property valued at Rs 8,80,000, the stamp duty would be Rs 61,600 and the registration fee would be Rs 17,600, totaling Rs 79,200.

Which Sub Registrar Office covers Ammaniammal East west Street?

The Tiruppur Joint II Sub Registrar Office covers Ammaniammal East west Street, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.