Guideline Value for Angalammanpuram

Angalammanpuram guideline value

The current guideline value of Angalammanpuram is Rs 370 per sq.ft, effective from 1 July 2024. This street is located in Gudalur village and falls under the Periyanayakkan Palayam SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Angalammanpuram has changed

The guideline value for Angalammanpuram has undergone several revisions over the years. In 2012, the guideline value was Rs 300 per sq.ft, which was then reduced to Rs 201 per sq.ft in 2017. Following this, the value increased significantly to Rs 300 per sq.ft in 2023, and most recently, it rose to Rs 370 per sq.ft in 2024, marking a 23% increase from the previous year.

From 2017 to 2023, there was a notable increase of 49%. Overall, from 2012 to 2024, the guideline value has increased by 23%. It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

Guideline values in Gudalur

In Gudalur, there are 224 streets under the Periyanayakkan Palayam SRO that carry a 2024 guideline value ranging from Rs 320 to Rs 1,110 per sq.ft, with the median being Rs 370 per sq.ft. The guideline value for Angalammanpuram is equal to this median.

• Angalammanpuram - 1: Rs 340 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)
• Ananda Nagar: Rs 420 per sq.ft (2024)

Stamp duty and registration fee for property in Angalammanpuram

For a 1,000 sq.ft plot at the current guideline value of Rs 370 per sq.ft, the total guideline value would be Rs 3,70,000. The stamp duty at 7% would amount to Rs 25,900, and the registration fee at 2% would be Rs 7,400, making the total charges Rs 33,300. 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?

The Sub Registrar Office that covers Angalammanpuram 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 further assistance.

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

The guideline value is a crucial factor in property transactions in Gudalur, as it determines the amount of stamp duty and registration fees payable during the registration process. Buyers and sellers must consider this value to ensure compliance with local regulations and to understand the financial implications of their transactions.

When a property is bought or sold, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory for legalizing the transaction. This ensures that the property is officially registered and recognized by the authorities.

Frequently asked questions

What is the current guideline value of Angalammanpuram?

The current guideline value of Angalammanpuram is Rs 370 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 300 per sq.ft in 2012 to Rs 201 per sq.ft in 2017, then increased to Rs 300 per sq.ft in 2023, and finally to Rs 370 per sq.ft in 2024.

What is the land classification for Angalammanpuram?

Angalammanpuram falls under the land classification of Residential Class II Type - I.

What are the stamp duty and registration fees for property in Angalammanpuram?

For a 1,000 sq.ft plot at the current guideline value, the total guideline value would be Rs 3,70,000, with a stamp duty of Rs 25,900 and a registration fee of Rs 7,400, totaling Rs 33,300.

Which office handles registrations for Angalammanpuram?

The Periyanayakkan Palayam Sub Registrar Office handles registrations for Angalammanpuram, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.