Guideline Value for Angalamman koil veethy

Angalamman koil veethy guideline value

The current guideline value of Angalamman koil veethy is Rs 550 per sq.ft, effective from 1 July 2024. This street is located in Irugur village under the Singanallur SRO, classified as Residential Class II Type - I.

How the guideline value of Angalamman koil veethy has changed

The guideline value for Angalamman koil veethy has undergone several revisions over the years. The 2017 revision set the value at Rs 335 per sq.ft, which increased to Rs 500 per sq.ft in the 2023 revision. The most recent revision in 2024 has raised the guideline value to Rs 550 per sq.ft, marking a change of +10% from the previous year. Overall, from 2017 to 2024, the guideline value has increased by +64%.

It is important to note that there are no recorded figures for Angalamman koil veethy in the revisions for the years 2002, 2003, 2007, and 2012. The substantial increase from Rs 335 per sq.ft in 2017 to Rs 550 per sq.ft in 2024 reflects the changes in the guideline value over this period.

Guideline values in Irugur

In Irugur, there are 307 streets under the Singanallur SRO that carry a 2024 guideline value, ranging from Rs 220 to Rs 2,200 per sq.ft. The median guideline value for these streets is Rs 440 per sq.ft, placing Angalamman koil veethy above the median with its 2024 figure of Rs 550 per sq.ft.

• Andianna devar veethy: Rs 440 per sq.ft (2024)
• Anganathdevar street: Rs 550 per sq.ft (2024)
• Anganna goundar street: Rs 440 per sq.ft (2024)
• Angannan santhu: Rs 440 per sq.ft (2024)
• Angappa pannadi santhu: Rs 440 per sq.ft (2024)
• Annai india Street: Rs 550 per sq.ft (2024)

Stamp duty and registration fee for property in Angalamman koil veethy

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value would be Rs 5,50,000. The stamp duty at 7% would amount to Rs 38,500, while the registration fee at 2% would be Rs 11,000. Therefore, the total cost for stamp duty and registration would be Rs 49,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Angalamman koil veethy?

The Sub Registrar Office that covers Angalamman koil veethy is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor when buying or selling property in Irugur, as it determines the minimum value at which a property can be registered. Buyers and sellers must be aware of the current guideline value to ensure compliance with registration requirements and to understand the financial implications of their transactions.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees. This ensures that the transaction adheres to the legal framework established by the Registration Department, and it helps in maintaining transparency in real estate transactions.

Frequently asked questions

What is the current guideline value of Angalamman koil veethy?

The current guideline value of Angalamman koil veethy is Rs 550 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 335 per sq.ft to Rs 550 per sq.ft in 2024, reflecting an overall increase of +64%.

What are the stamp duty and registration fees for property in Angalamman koil veethy?

For a property valued at Rs 5,50,000, the stamp duty would be Rs 38,500, and the registration fee would be Rs 11,000, totaling Rs 49,500.

Which Sub Registrar Office covers Angalamman koil veethy?

Angalamman koil veethy falls under the jurisdiction of the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.

How is the guideline value determined for properties in Irugur?

The guideline value for properties in Irugur is determined by the Registration Department and is based on various factors, including land classification and previous revisions. It serves as a benchmark for property transactions in the area.