Guideline Value for Angampalayam Street (106/1a,1b)

Angampalayam Street (106/1a,1b) guideline value

The current guideline value of Angampalayam Street (106/1a,1b) is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Kolapalore village and falls under the Gobichettipalayam Joint I SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of Angampalayam Street (106/1a,1b) has changed

The guideline value of Angampalayam Street has undergone several revisions over the years. In 2007, the value was set at Rs 40 per sq.ft, which increased significantly to Rs 125 per sq.ft in 2012, marking a rise of 213%. However, from 2012 to 2017, there was a decrease to Rs 84 per sq.ft, reflecting a decline of 33%. The value then saw a substantial increase to Rs 200 per sq.ft in 2017, which remained unchanged through the 2023 revision.

As of the 2024 revision, the guideline value remains at Rs 200 per sq.ft, indicating no change from the previous year. Overall, from 2007 to 2024, the guideline value has increased by 400%.

Guideline values in Kolapalore

In Kolapalore, there are 67 streets under the Gobichettipalayam Joint I SRO, all of which carry a 2024 guideline value ranging from Rs 200 to Rs 200 per sq.ft. The median guideline value for these streets is also Rs 200 per sq.ft, placing Angampalayam Street at the same level.

• Amman Nagar: Rs 200 per sq.ft (2024)
• Amman Kovil Pathi (307,396/8,397/2, 400/1to 4): Rs 200 per sq.ft (2024)
• Ambross street (660/1to 3,661,662/1to5): Rs 200 per sq.ft (2024)
• Arasappan Street (595/1to9,566/9,572/1to19,21): Rs 200 per sq.ft (2024)
• Aasaraiyar Street (508/4): Rs 200 per sq.ft (2024)
• Balaji Nagar: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Angampalayam Street (106/1a,1b)

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty is calculated at 7%, which equals Rs 14,000, and the registration fee is set at 2%, amounting to Rs 4,000. Therefore, the total cost for stamp duty and registration fees together is Rs 18,000. 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 Angampalayam Street (106/1a,1b)?

The Sub Registrar Office that covers Angampalayam Street is the Gobichettipalayam Joint I Sub Registrar Office. The address is Integrated Registration Office, No.81, Old Hospital Street, Near Market, Gobichettipalayam-638452, Coimbatore registration zone.

You can find your SRO for more information.

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

The guideline value is an essential factor during the registration of property transactions in Kolapalore. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring transparency and fairness in property dealings.

When buying or selling property, the guideline value helps in calculating the applicable stamp duty and registration fees. This ensures that all parties are aware of the financial obligations involved in the transaction, based on the established guideline value.

Frequently asked questions

What is the current guideline value of Angampalayam Street?

The current guideline value of Angampalayam Street (106/1a,1b) is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 40 per sq.ft in 2007 to Rs 200 per sq.ft in 2024, showing an overall increase of 400% over the years.

What is the land classification for Angampalayam Street?

The land classification for Angampalayam Street is Residential Special Type - I.

Where can I find the Sub Registrar Office for Angampalayam Street?

The Sub Registrar Office for Angampalayam Street is the Gobichettipalayam Joint I Sub Registrar Office, located at Integrated Registration Office, No.81, Old Hospital Street, Near Market, Gobichettipalayam-638452, Coimbatore registration zone.

How is stamp duty calculated for properties in Kolapalore?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, on a property with a guideline value of Rs 2,00,000, the stamp duty at 7% would be Rs 14,000.