Guideline Value for Angalammanpuram - 1

Angalammanpuram - 1 guideline value

The current guideline value of Angalammanpuram - 1 is Rs 340 per sq.ft, effective from 1 July 2024. This property is located in Gudalur village, under the Periyanayakkan Palayam SRO, classified as Residential Class II Type - II.

How the guideline value of Angalammanpuram - 1 has changed

The guideline value for Angalammanpuram - 1 has seen several revisions over the years. Starting from the 2012 revision, the value was Rs 250 per sq.ft, which decreased to Rs 167 per sq.ft in 2017. However, it then increased significantly to Rs 300 per sq.ft in 2023, and currently stands at Rs 340 per sq.ft from the 2024 revision, marking a change of +13% from the previous year.

In total, from the 2012 revision to the 2024 revision, the guideline value has increased by +36%. Notably, there are no figures available for the years 2002, 2003, and 2007 for this street.

Guideline values in Gudalur

In Gudalur, there are 224 streets under the Periyanayakkan Palayam SRO, with guideline values ranging from Rs 320 to Rs 1,110 per sq.ft. The median guideline value for these streets is Rs 370 per sq.ft, placing Angalammanpuram - 1's current value below this median.

• Angalammanpuram: Rs 370 per sq.ft (2024)
• Andaalpuram: Rs 355 per sq.ft (2024)
• Anbu Nagar: Rs 370 per sq.ft (2024)
• Annai Nagar: Rs 340 per sq.ft (2024)
• Anandham Avenue: Rs 340 per sq.ft (2024)
• Annamalaiar Garden: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in Angalammanpuram - 1

For a 1,000 sq.ft plot at the current guideline value of Rs 340 per sq.ft, the total guideline value amounts to Rs 3,40,000. The stamp duty at 7% would be Rs 23,800, and the registration fee at 2% would be Rs 6,800, bringing the total cost for these fees to Rs 30,600. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Angalammanpuram - 1?

The Sub Registrar Office covering Angalammanpuram - 1 is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, in the Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor when buying or selling property in Gudalur. It determines the minimum value on which stamp duty and registration fees are calculated during the registration process. Buyers and sellers must be aware of the guideline value to ensure compliance with local regulations.

When a property is registered, the guideline value serves as a benchmark for the transaction. If the sale price exceeds the guideline value, the duty is charged on the sale price instead, ensuring that the government receives the appropriate fees based on the higher amount.

Frequently asked questions

What is the current guideline value of Angalammanpuram - 1?

The current guideline value of Angalammanpuram - 1 is Rs 340 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 250 per sq.ft in 2012 to Rs 167 per sq.ft in 2017, then to Rs 300 per sq.ft in 2023, and currently stands at Rs 340 per sq.ft in 2024.

What is the stamp duty for property in Angalammanpuram - 1?

The stamp duty for property in Angalammanpuram - 1 is 7% of the guideline value or sale price, whichever is higher. For example, a property valued at Rs 3,40,000 would incur a stamp duty of Rs 23,800.

Where is the Sub Registrar Office for Angalammanpuram - 1 located?

The Sub Registrar Office for Angalammanpuram - 1 is located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

What are the other streets in Gudalur with guideline values?

Other streets in Gudalur under the Periyanayakkan Palayam SRO have varying guideline values, with rates ranging from Rs 320 to Rs 1,110 per sq.ft. Some examples include Angalammanpuram at Rs 370 per sq.ft and Andaalpuram at Rs 355 per sq.ft.