Guideline Value for Angammal layout

Angammal layout guideline value

The current guideline value of Angammal layout is Rs 1,120 per sq.ft, effective from 1 July 2024. This layout is located in Uppilipalayam village, under the Singanallur SRO, and is classified as Residential Class I Type - III.

How the guideline value of Angammal layout has changed

The guideline value for Angammal layout has seen several revisions over the years. The earliest recorded figure is from 2007, which was Rs 230 per sq.ft. This increased significantly to Rs 1,000 per sq.ft in 2012, marking a rise of 335%. However, by 2017, the value decreased to Rs 670 per sq.ft, a drop of 33%. The value then rose again to Rs 1,000 per sq.ft in 2023, and subsequently to Rs 1,120 per sq.ft in 2024, reflecting a 12% increase.

From 2017 to 2023, the increase was substantial, with a rise of 49%. Overall, comparing the 2007 figure to the 2024 figure, there has been an increase of 387%. It is important to note that there are no recorded figures for the years 2002 and 2003 for this street.

Guideline values in Uppilipalayam

In Uppilipalayam, there are 361 streets under the Singanallur SRO that carry a 2024 guideline value, ranging from Rs 1,001 to Rs 6,160 per sq.ft. The median value in this area is Rs 1,232 per sq.ft, indicating that the guideline value of Angammal layout is below this median.

• Andal Street 1,2: Rs 1,232 per sq.ft (2024)
• Andal Nagar: Rs 1,120 per sq.ft (2024)
• Andal Ammal Layout: Rs 1,232 per sq.ft (2024)
• Annai Maria Appartments: Rs 2,016 per sq.ft (2024)
• Annai Sandhiya Nagar: Rs 1,001 per sq.ft (2024)
• Annai Thresa Street: Rs 1,003 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 1,120 per sq.ft, the total guideline value would be Rs 11,20,000. The stamp duty at 7% would amount to Rs 78,400, while the registration fee at 2% would be Rs 22,400, bringing the total fees to Rs 1,00,800. 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 Angammal layout?

The Angammal layout falls under the jurisdiction of the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111. You can find your SRO for more information.

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

The guideline value is an essential factor in the registration process when buying or selling property in Uppilipalayam. It serves as a reference point for determining the stamp duty and registration fees applicable during the transaction.

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

Frequently asked questions

What is the current guideline value of Angammal layout?

The current guideline value of Angammal layout is Rs 1,120 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 230 per sq.ft in 2007 to Rs 1,120 per sq.ft in 2024, reflecting an overall increase of 387% over the years.

What is the median guideline value in Uppilipalayam?

The median guideline value in Uppilipalayam is Rs 1,232 per sq.ft, with Angammal layout's value being below this median.

What fees are associated with buying property in Angammal layout?

When buying property in Angammal layout, the total stamp duty is 7% of the guideline value, and the registration fee is 2%. These fees are based on the higher of the guideline value or the sale price.

Where can I find the Sub Registrar Office for Angammal layout?

The Sub Registrar Office covering Angammal layout is the Singanallur SRO, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.