Guideline Value for Andal Thottam

Andal Thottam guideline value

The current guideline value of Andal Thottam is Rs 1,055 per sq.ft, effective from 1 July 2024. This area is located in Kurichi village and falls under the Coimbatore North Joint 1 SRO, classified as Residential Class I Type - III.

How the guideline value of Andal Thottam has changed

The guideline value for Andal Thottam has seen significant changes over the years. In 2003, the guideline value was Rs 122 per sq.ft, which increased to Rs 230 per sq.ft in 2007. The value then rose dramatically to Rs 800 per sq.ft in 2012, followed by a decrease to Rs 536 per sq.ft in 2017. From 2017 to 2023, the value surged to Rs 1,000 per sq.ft, and the latest revision in 2024 set it at Rs 1,055 per sq.ft. The register has no figure for the year 2002 for this street.

Overall, the guideline value has increased by 765% from 2003 to 2024. The most notable changes occurred between 2007 and 2012, with an increase of 248%, and from 2017 to 2023, with an increase of 87%.

Guideline values in Kurichi

In Kurichi village, there are 536 streets under the Coimbatore North Joint 1 SRO, with 2024 guideline values ranging from Rs 1,000 to Rs 2,200 per sq.ft. The median value is Rs 1,040 per sq.ft, placing Andal Thottam's 2024 figure above this median.

• Anbu Nagar (Ward 9): Rs 1,040 per sq.ft (2024)
• Angamuhtu Gounder Street (Ward 10): Rs 1,030 per sq.ft (2024)
• Anganna Gounder Street (Ward 10): Rs 1,035 per sq.ft (2024)
• Anganna Thevar Sandhu (Ward 4): Rs 1,035 per sq.ft (2024)
• Anna Aasiriyar Colony: Rs 1,035 per sq.ft (2024)
• A.N Nagar: Rs 1,035 per sq.ft (2024)

Stamp duty and registration fee for property in Andal Thottam

For a 1,000 sq.ft plot at the current guideline value of Rs 1,055 per sq.ft, the total guideline value would be Rs 10,55,000. The stamp duty at 7% would amount to Rs 73,850, and the registration fee at 2% would be Rs 21,100, bringing the total to Rs 94,950. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Andal Thottam?

The Sub Registrar Office that covers Andal Thottam is the Coimbatore North Joint 1 Sub Registrar Office, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Kurichi. It is used to determine the stamp duty and registration fees that buyers must pay when purchasing property.

When selling property, the guideline value serves as a benchmark for the minimum value at which the property can be registered. This ensures that the transaction is recorded accurately and transparently in the official records.

Frequently asked questions

What is the current guideline value of Andal Thottam?

The current guideline value of Andal Thottam is Rs 1,055 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 122 per sq.ft in 2003 to Rs 1,055 per sq.ft in 2024, with various revisions in between.

What is the registration office for Andal Thottam?

The registration office for Andal Thottam is the Coimbatore North Joint 1 Sub Registrar Office, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001.

How is stamp duty calculated in Andal Thottam?

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 the current guideline value would incur a stamp duty of Rs 73,850.

What other streets have guideline values in Kurichi?

Other streets in Kurichi under the Coimbatore North Joint 1 SRO have guideline values ranging from Rs 1,000 to Rs 2,200 per sq.ft. Some notable streets include Anbu Nagar at Rs 1,040 per sq.ft and Angamuhtu Gounder Street at Rs 1,030 per sq.ft.