Guideline Value for Angammal Layout

Angammal Layout guideline value

The current guideline value of Angammal Layout is Rs 2,000 per sq.ft, effective from 1 July 2024. This area is located in Ward 13 village under the Coimbatore South Joint 1 SRO, and falls under the Residential Class I Type - III land classification.

How the guideline value of Angammal Layout has changed

The guideline value for Angammal Layout has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 2,000 per sq.ft, which is an increase of 11% from the 2023 revision, where the value was Rs 1,800 per sq.ft. Prior to 2023, the register has no figures for this street in 2017, 2012, 2007, 2003, and 2002.

In summary, the guideline value has increased from Rs 1,800 per sq.ft in 2023 to Rs 2,000 per sq.ft in 2024. The changes reflect a structured approach to updating property values in the area, although there are no figures available for several previous years.

Guideline values in Ward 13

In Ward 13, there are 56 streets under the Coimbatore South Joint 1 SRO with a 2024 guideline value ranging from Rs 2,000 to Rs 4,000 per sq.ft, with a median value of Rs 2,600 per sq.ft. Angammal Layout's 2024 value is below this median.

• Anbu Street: Rs 2,000 per sq.ft (2024)
• Anbagam Street: Rs 2,000 per sq.ft (2024)
• A.R.G.P.Balagurumoorthy Chettiar Layout: Rs 2,600 per sq.ft (2024)
• Abbai Nagar: Rs 2,600 per sq.ft (2024)
• Banari amman Kovi Street: Rs 2,000 per sq.ft (2024)
• Bharathi Nagar: Rs 2,000 per sq.ft (2024)

Stamp duty and registration fee for property in Angammal Layout

For a 1,000 sq.ft plot at the current guideline value of Rs 2,000 per sq.ft, the total guideline value would be Rs 20,00,000. The stamp duty at 7% would amount to Rs 1,40,000, and the registration fee at 2% would be Rs 40,000, bringing the total fees to Rs 1,80,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Angammal Layout?

The Sub Registrar Office that covers Angammal Layout is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. For more information, you can find your SRO.

How the guideline value is used when you buy or sell in Ward 13

The guideline value is a crucial factor in property transactions in Ward 13, as it determines the amount of stamp duty and registration fees that need to be paid. When buying or selling property, the guideline value is used to assess the official value of the property, ensuring that all transactions are recorded accurately.

At the time of registration, the buyer or seller must pay the applicable stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Angammal Layout?

The current guideline value of Angammal Layout is Rs 2,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,800 per sq.ft in 2023 to Rs 2,000 per sq.ft in 2024. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002.

What is the land classification for Angammal Layout?

Angammal Layout falls under the Residential Class I Type - III land classification.

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

For a 1,000 sq.ft plot, the total guideline value is Rs 20,00,000, leading to a stamp duty of Rs 1,40,000 and a registration fee of Rs 40,000, totaling Rs 1,80,000.

Where is the Sub Registrar Office for Angammal Layout located?

The Coimbatore South Joint 1 Sub Registrar Office is located at No.410a, Raja Street, Coimbatore-641001.