Guideline Value for Andaalpuram

Andaalpuram guideline value

The current guideline value of Andaalpuram is Rs 355 per sq.ft, effective from 1 July 2024. This area is located in Gudalur village under the Periyanayakkan Palayam SRO, classified as Residential Class III Type - I.

How the guideline value of Andaalpuram has changed

Over the years, the guideline value of Andaalpuram has seen several revisions. The 2012 revision set the value at Rs 150 per sq.ft, which increased to Rs 100 per sq.ft in 2017. However, this was followed by a significant rise to Rs 300 per sq.ft in 2023, and the current value is Rs 355 per sq.ft from the 2024 revision. The register has no figures for the years 2002, 2003, and 2007.

From 2012 to 2017, the value decreased by 33%. However, from 2017 to 2023, there was a remarkable increase of 200%. The change from 2023 to 2024 reflects an 18% increase. Overall, from 2012 to 2024, the guideline value has increased by 137%.

Guideline values in Gudalur

In Gudalur, there are 224 streets under the Periyanayakkan Palayam SRO that carry a 2024 guideline value ranging from Rs 320 to Rs 1,110 per sq.ft, with a median value of Rs 370 per sq.ft. The guideline value of Andaalpuram is below this median.

• Anbu Nagar: Rs 370 per sq.ft (2024)
• Angalammanpuram: Rs 370 per sq.ft (2024)
• Angalammanpuram - 1: Rs 340 per sq.ft (2024)
• Anandham Avenue: Rs 340 per sq.ft (2024)
• Ananda Nagar: Rs 420 per sq.ft (2024)
• Amsi Nagar: Rs 340 per sq.ft (2024)

Stamp duty and registration fee for property in Andaalpuram

For a 1,000 sq.ft plot at the current guideline value of Rs 355 per sq.ft, the total guideline value would be Rs 3,55,000. The stamp duty at 7% would be Rs 24,850, and the registration fee at 2% would be Rs 7,100, bringing the total cost for these fees to Rs 31,950. 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 more details.

Which Sub Registrar Office covers Andaalpuram?

The Sub Registrar Office that covers Andaalpuram is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor during property registration in Gudalur. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value serves as a benchmark for transactions. It is crucial for both buyers and sellers to be aware of the current guideline value to ensure compliance with legal requirements during the registration process.

Frequently asked questions

What is the current guideline value of Andaalpuram?

The current guideline value of Andaalpuram is Rs 355 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 150 per sq.ft in 2012 to Rs 355 per sq.ft in 2024, with significant increases noted in the intervening years, particularly a 200% rise from 2017 to 2023.

What is the stamp duty rate for property in Andaalpuram?

The stamp duty rate for property in Andaalpuram is 7% of the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office for Andaalpuram located?

The Sub Registrar Office for Andaalpuram is located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, Coimbatore registration zone.

What is the land classification of Andaalpuram?

Andaalpuram is classified as Residential Class III Type - I, which indicates the type of development permitted in this area.