Guideline Value for Angalamman Kovil Street

Angalamman Kovil Street guideline value

The current guideline value of Angalamman Kovil Street is Rs 784 per sq.ft. This street is located in Sulur village, under the Sulur SRO, and is classified as Commercial Class I Type - II.

How the guideline value of Angalamman Kovil Street has changed

Over the years, the guideline value of Angalamman Kovil Street has seen significant changes. In 2002, the value was Rs 57 per sq.ft, which increased to Rs 150 per sq.ft in 2007. The 2012 revision brought the value to Rs 700 per sq.ft, but it dropped to Rs 469 per sq.ft in 2017. The guideline value then rose to Rs 700 per sq.ft in 2023, and the most recent revision in 2024 set it at Rs 784 per sq.ft. Notably, there is no figure for this street in the 2003 revision.

From 2017 to 2023, the value increased by 49%, while the jump from 2023 to 2024 was 12%. The largest increase occurred between 2007 and 2012, with a remarkable 367% rise. Overall, from 2002 to 2024, the guideline value has increased by 1275%.

Guideline values in Sulur

In Sulur village, there are 228 streets under the Sulur SRO that carry a 2024 guideline value, ranging from Rs 280 to Rs 1,400 per sq.ft. The median value is Rs 784 per sq.ft, which is the same as the guideline value for Angalamman Kovil Street.

• Angamuthu Lane: Rs 448 per sq.ft (2024)
• Annamadam Street: Rs 784 per sq.ft (2024)
• Annamalai settiar lane: Rs 560 per sq.ft (2024)
• Annamalai thevar lane: Rs 784 per sq.ft (2024)
• Anna Nagar: Rs 784 per sq.ft (2024)
• Amarjothi Vimana Nagar: Rs 560 per sq.ft (2024)

Stamp duty and registration fee for property in Angalamman Kovil Street

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 7,84,000. The stamp duty at 7% would be Rs 54,880, and the registration fee at 2% would be Rs 15,680, totaling Rs 70,560. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Angalamman Kovil Street?

The Sub Registrar Office that covers Angalamman Kovil Street is the Sulur Sub Registrar Office, located at Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402, Coimbatore registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor during the registration of property transactions in Sulur. It serves as a benchmark for determining the minimum price at which a property can be registered, ensuring transparency and fairness in property dealings.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees, which are essential for completing the transaction legally. It is important for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Angalamman Kovil Street?

The current guideline value of Angalamman Kovil Street is Rs 784 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 57 per sq.ft in 2002 to Rs 784 per sq.ft in 2024, marking a total increase of 1275% over the years.

What is the land classification for Angalamman Kovil Street?

Angalamman Kovil Street is classified as Commercial Class I Type - II.

Where can I find the Sub Registrar Office for Angalamman Kovil Street?

The Sub Registrar Office for Angalamman Kovil Street is located at Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402, Coimbatore registration zone.

How is stamp duty calculated on properties in Sulur?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 7,84,000, the stamp duty would be Rs 54,880 at the rate of 7%.