Guideline Value for Ammasai Street (165)

Ammasai Street (165) guideline value

The current guideline value of Ammasai Street (165) is Rs 210 per sq.ft, effective from 1 July 2024. This street is located in Thadapalli Gramam village and falls under the Sathyamangalam SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Ammasai Street (165) has changed

The guideline value for Ammasai Street (165) has undergone several revisions since 2002. The value started at Rs 16 per sq.ft in 2002, increased significantly to Rs 35 per sq.ft in 2007, marking a change of +119%. The value remained at Rs 150 per sq.ft from 2012 until 2023, showing no change during this period. In 2023, the value was revised to Rs 150 per sq.ft, and then increased to Rs 210 per sq.ft in 2024, representing a change of +40%.

Overall, from 2002 to 2024, the guideline value has increased by +1213%. It is important to note that the register has no figures for the years 2003 and 2017 for this street.

Guideline values in Thadapalli Gramam

In Thadapalli Gramam, there are 60 streets under the Sathyamangalam SRO that carry a 2024 guideline value, all set at Rs 210 per sq.ft, with the median also being Rs 210 per sq.ft. Ammasai Street (165) is aligned with this median value.

• Agriculture Depot Street (154): Rs 210 per sq.ft (2024)
• Appachi Street (154): Rs 210 per sq.ft (2024)
• A.P. Palani Street (145/3): Rs 210 per sq.ft (2024)
• Arunachalam street (31/1): Rs 210 per sq.ft (2024)
• Balusamy Street (165): Rs 210 per sq.ft (2024)
• Chinniran Street (165): Rs 210 per sq.ft (2024)

Stamp duty and registration fee for property in Ammasai Street (165)

For a 1,000 sq.ft plot at the current rate of Rs 210 per sq.ft, the guideline value amounts to Rs 2,10,000. The stamp duty at 7% would be Rs 14,700, and the registration fee at 2% would be Rs 4,200, totaling Rs 18,900. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Ammasai Street (165)?

The Sub Registrar Office that covers Ammasai Street (165) is the Sathyamangalam Sub Registrar Office, located at No.75, Municipal Primary School, North Street, atthani Road, Sathyamangalam - 638401, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in property transactions in Thadapalli Gramam. It serves as a benchmark for determining the minimum price at which a property can be registered. Buyers and sellers must be aware of this value to ensure compliance with local regulations during the registration process.

When a property is sold, the guideline value is used to calculate the applicable stamp duty and registration fees. These fees are essential costs that must be factored into the overall expenses of buying or selling property in the area.

Frequently asked questions

What is the current guideline value of Ammasai Street (165)?

The current guideline value of Ammasai Street (165) is Rs 210 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 16 per sq.ft in 2002 to Rs 210 per sq.ft in 2024, representing an overall increase of +1213% over the years.

What is the land classification for Ammasai Street (165)?

Ammasai Street (165) is classified as Residential Class I Type - I, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for Ammasai Street (165)?

The Sub Registrar Office for Ammasai Street (165) is located at No.75, Municipal Primary School, North Street, atthani Road, Sathyamangalam - 638401, Coimbatore registration zone.

How is the stamp duty calculated for properties in Thadapalli Gramam?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 210 per sq.ft incurs a stamp duty of Rs 14,700.