Guideline Value for Angalamman Kovil Veethi

Angalamman Kovil Veethi guideline value

The current guideline value of Angalamman Kovil Veethi is Rs 220 per sq.ft, effective from 1 July 2024. This street is located in Perianaickenpalayam village, under the Periyanayakkan Palayam SRO, and is classified as Residential Class II Type - III.

How the guideline value of Angalamman Kovil Veethi has changed

The guideline value for Angalamman Kovil Veethi has seen several revisions over the years. The 2012 revision set the value at Rs 200 per sq.ft, which then decreased to Rs 134 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 200 per sq.ft in the 2023 revision, and then rose again to Rs 220 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

From the 2017 revision to the 2023 revision, there was a notable increase of 49%. Overall, comparing the 2012 revision to the 2024 revision, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Perianaickenpalayam

In Perianaickenpalayam, there are 142 streets under the Periyanayakkan Palayam SRO that carry a 2024 guideline value ranging from Rs 220 to Rs 1,670 per sq.ft, with a median value of Rs 440 per sq.ft. The guideline value for Angalamman Kovil Veethi is below this median.

• Ammasai Gounder Veethi: Rs 340 per sq.ft (2024)
• Anna Nagar: Rs 620 per sq.ft (2024)
• Amma Avenue: Rs 340 per sq.ft (2024)
• Amirthanandamayee Nagar: Rs 500 per sq.ft (2024)
• Achari Veethi: Rs 280 per sq.ft (2024)
• Ashoka Kadai Veethi: Rs 1,110 per sq.ft (2024)

Stamp duty and registration fee for property in Angalamman Kovil Veethi

For a 1,000 sq.ft plot at the current guideline value of Rs 220 per sq.ft, the total guideline value amounts to Rs 2,20,000. The stamp duty at 7% would be Rs 15,400, and the registration fee at 2% would be Rs 4,400, bringing the total fees to Rs 19,800. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Angalamman Kovil Veethi?

The Sub Registrar Office covering Angalamman Kovil Veethi 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 Perianaickenpalayam

The guideline value is a crucial factor when registering property transactions in Perianaickenpalayam. It serves as a benchmark for determining the stamp duty and registration fees applicable during the sale or purchase of property.

Frequently asked questions

What is the current guideline value of Angalamman Kovil Veethi?

The current guideline value of Angalamman Kovil Veethi is Rs 220 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 200 per sq.ft in 2012 to Rs 134 per sq.ft in 2017, then to Rs 200 per sq.ft in 2023, and finally to Rs 220 per sq.ft in 2024.

What is the land classification for Angalamman Kovil Veethi?

Angalamman Kovil Veethi is classified as Residential Class II Type - III.

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

The Sub Registrar Office for Angalamman Kovil Veethi is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

How is the stamp duty calculated for property in Angalamman Kovil Veethi?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value results in a total stamp duty of Rs 15,400.