Guideline Value for Ammaniammal Layout IInd Street

Ammaniammal Layout IInd Street guideline value

The current guideline value for Ammaniammal Layout IInd 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, and is classified as Mixed Type - I land.

How the guideline value of Ammaniammal Layout IInd Street has changed

The guideline value for Ammaniammal Layout IInd Street has undergone several revisions over the years. The earliest available revision is from 2007, where the value was Rs 495 per sq.ft. This increased to Rs 800 per sq.ft in 2012, marking a significant rise of 62%. However, the value decreased to Rs 536 per sq.ft in 2017, a drop of 33%. The most recent revisions show that the value rose to Rs 800 per sq.ft in 2023 and then increased again to Rs 880 per sq.ft in 2024, reflecting a 10% increase.

In summary, from 2007 to 2024, the overall increase in the guideline value is 78%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Ward - O

In Ward - O, there are 177 streets under the Tiruppur Joint II SRO with a 2024 guideline value ranging from Rs 701 to Rs 4,400 per sq.ft. The median value is Rs 880 per sq.ft, which is the same as the guideline value for Ammaniammal Layout IInd Street. Below are the guideline values for other streets in Ward - O:

• Ammaniammal layout: Rs 880 per sq.ft (2024)
• Ammaniammal Layout Ist Street: Rs 880 per sq.ft (2024)
• Ammaniammal East west 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 Layout IInd Street

For a 1,000 sq.ft plot at the current rate of Rs 880 per sq.ft, the guideline value amounts to Rs 8,80,000. The stamp duty at 7% would be Rs 61,600, and the registration fee at 2% would be Rs 17,600, bringing the total to Rs 79,200. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Ammaniammal Layout IInd Street?

The Sub Registrar Office that covers Ammaniammal Layout IInd 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 details.

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

The guideline value is a crucial factor during the registration process when buying or selling property in Ward - O. It serves as a reference for determining the stamp duty and registration fees that need to be paid at the time of registration.

When a property is sold, the guideline value helps ensure that the transaction is recorded accurately and fairly, reflecting the official value set by the registration department. This value is essential for both buyers and sellers to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value for Ammaniammal Layout IInd Street?

The current guideline value for Ammaniammal Layout IInd 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 registration office for Ammaniammal Layout IInd Street?

The registration office for Ammaniammal Layout IInd Street is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

What are the stamp duty rates for property transactions?

The stamp duty for property transactions in Ammaniammal Layout IInd Street is 7% of the guideline value or sale price, whichever is higher. The registration fee is 2% of the guideline value.

Where can I find more information about stamp duty and registration fees?

For more information about stamp duty and registration fees, you can use the stamp duty and registration fee calculator available on our website.