Guideline Value for Angalamman Nagar 245/B1,255/2

Angalamman Nagar 245/B1,255/2 guideline value

The current guideline value for Angalamman Nagar 245/B1,255/2 is Rs 100 per sq.ft, effective from 1 July 2024. This property is located in Lakkamanaickenpatti village, under the Moolanur SRO, and is classified as Residential Class V Type - V.

How the guideline value of Angalamman Nagar 245/B1,255/2 has changed

The guideline value for Angalamman Nagar has undergone significant changes over the years. The oldest recorded revision is from 2012, where the guideline value was Rs 40 per sq.ft. This value saw a substantial increase to Rs 100 per sq.ft in the 2024 revision, marking a change of +150%.

There are no figures available for the revisions in the years 2002, 2003, 2007, 2017, and 2023 for this street. The 2024 revision reflects the most current value, aligning with the upward trend observed since the 2012 revision.

Guideline values in Lakkamanaickenpatti

In Lakkamanaickenpatti, five streets under the Moolanur SRO have a guideline value of Rs 100 per sq.ft as of 2024. The guideline value for Angalamman Nagar 245/B1,255/2 is equal to the median of Rs 100 per sq.ft for these streets.

• AVM Garden 158: Rs 100 per sq.ft (2024)
• Nava Sri Garden 1008/2,3, 1010: Rs 100 per sq.ft (2024)
• Nila Garden 343: Rs 100 per sq.ft (2024)
• Veera Garden 222/A1: Rs 100 per sq.ft (2024)

Stamp duty and registration fee for property in Angalamman Nagar 245/B1,255/2

For a 1,000 sq.ft plot at the current guideline value of Rs 100 per sq.ft, the total guideline value amounts to Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, and the registration fee at 2% would be Rs 2,000, bringing the total fees to Rs 9,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Angalamman Nagar 245/B1,255/2?

The Sub Registrar Office that covers Angalamman Nagar 245/B1,255/2 is the Moolanur Sub Registrar Office, located at No.2, Karur-dharapuram Road, Moolanur - 638106, Coimbatore registration zone.

You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Lakkamanaickenpatti. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value is compared against the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value for Angalamman Nagar 245/B1,255/2?

The current guideline value for Angalamman Nagar 245/B1,255/2 is Rs 100 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2012?

Since 2012, the guideline value has increased from Rs 40 per sq.ft to Rs 100 per sq.ft in 2024, representing a change of +150%.

Are there any years without a guideline value for this street?

Yes, there are no figures available for the years 2002, 2003, 2007, 2017, and 2023 for Angalamman Nagar 245/B1,255/2.

What is the registration fee for a property in Angalamman Nagar?

The registration fee for a property in Angalamman Nagar is calculated at 2% of the guideline value. For example, a property valued at Rs 1,00,000 would incur a registration fee of Rs 2,000.

Where can I find the Moolanur Sub Registrar Office?

The Moolanur Sub Registrar Office is located at No.2, Karur-dharapuram Road, Moolanur - 638106, Coimbatore registration zone.