Guideline Value for Ammaniammal Layout main road

Ammaniammal Layout main road guideline value

The current guideline value for Ammaniammal Layout main road 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 the land classification is Mixed Type - I.

How the guideline value of Ammaniammal Layout main road has changed

The guideline value for Ammaniammal Layout main road has seen several revisions over the years. The earliest recorded figure is from 2007, where the guideline value was Rs 495 per sq.ft. This increased to Rs 800 per sq.ft in 2012, marking a 62% rise. However, it then dropped to Rs 536 per sq.ft in 2017, representing a decrease of 33%. The value surged again to Rs 800 per sq.ft in 2023, and most recently, it has increased to Rs 880 per sq.ft in 2024, reflecting a 10% increase from the previous year.

There are no figures for the years 2002 and 2003 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 78%.

Guideline values in Ward - O

In Ward - O, there are 177 streets under the Tiruppur Joint II SRO that carry 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 equal to the guideline value of Ammaniammal Layout main road.

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

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, leading to a total of Rs 79,200. Duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Ammaniammal Layout main road?

The Sub Registrar Office that covers Ammaniammal Layout main road 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 during the registration process when buying or selling property in Ward - O. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid, ensuring that the transaction is recorded accurately in the official records.

When a property is sold, the guideline value helps establish the minimum value for taxation purposes. Buyers and sellers must be aware of this value to understand their financial obligations during the property transaction.

Frequently asked questions

What is the current guideline value for Ammaniammal Layout main road?

The current guideline value for Ammaniammal Layout main road 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, showing an overall increase of 78% over this period.

What is the stamp duty on property in Ammaniammal Layout main road?

The stamp duty on property in Ammaniammal Layout main road is 7% of the guideline value, which for a 1,000 sq.ft plot amounts to Rs 61,600.

Where is the Sub Registrar Office for Ammaniammal Layout main road located?

The Sub Registrar Office for Ammaniammal Layout main road is located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

What is the land classification for Ammaniammal Layout main road?

The land classification for Ammaniammal Layout main road is Mixed Type - I.