Guideline Value for Angannan Thevar Layout

Angannan Thevar Layout guideline value

The current guideline value of Angannan Thevar Layout is Rs 1,025 per sq.ft, effective from 1 July 2024. This layout is located in Ramanathapuram village under the Peelamedu SRO, classified as Residential Class II Type - II.

How the guideline value of Angannan Thevar Layout has changed

The guideline value for Angannan Thevar Layout has seen several revisions over the years. In 2012, the value was Rs 1,000 per sq.ft, which then decreased to Rs 670 per sq.ft in 2017. Following this, the value rose significantly to Rs 1,000 per sq.ft in 2023, and currently stands at Rs 1,025 per sq.ft from the 2024 revision. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, there was a substantial increase of 49%. The overall change from 2012 to 2024 shows a slight increase of 3% in the guideline value.

Guideline values in Ramanathapuram

In Ramanathapuram, there are 81 streets under the Peelamedu SRO that carry a 2024 guideline value, ranging from Rs 1,000 to Rs 5,750 per sq.ft, with a median value of Rs 1,700 per sq.ft. The guideline value for Angannan Thevar Layout is below this median.

• Angannan Site: Rs 1,025 per sq.ft (2024)
• Annai Sathya Housing Society Layout (Or) Nagar: Rs 1,005 per sq.ft (2024)
• Annamadam Lane: Rs 1,000 per sq.ft (2024)
• Anandam Nagar: Rs 1,010 per sq.ft (2024)
• Aranyaka Lay Out: Rs 1,650 per sq.ft (2024)
• Agamudaiyar Lane: Rs 1,005 per sq.ft (2024)

Stamp duty and registration fee for property in Angannan Thevar Layout

For a 1,000 sq.ft plot at the current guideline value of Rs 1,025 per sq.ft, the total guideline value would be Rs 10,25,000. The stamp duty at 7% would amount to Rs 71,750, and the registration fee at 2% would be Rs 20,500, bringing the total fees to Rs 92,250. 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 Angannan Thevar Layout?

The Sub Registrar Office that covers Angannan Thevar Layout is the Peelamedu Sub Registrar Office, located at 6/1, Grd Road, Redfields, Coimbatore - 18, in the Coimbatore registration zone. You can find your SRO here.

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

The guideline value is a critical factor in the registration of property transactions in Ramanathapuram. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value helps both buyers and sellers understand the official valuation of the property. It is essential to be aware of the current guideline value to ensure compliance with registration regulations and to avoid any legal issues during the transaction process.

Frequently asked questions

What is the current guideline value of Angannan Thevar Layout?

The current guideline value of Angannan Thevar Layout is Rs 1,025 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then to Rs 1,000 per sq.ft in 2023, and currently stands at Rs 1,025 per sq.ft in 2024.

What is the land classification of Angannan Thevar Layout?

Angannan Thevar Layout is classified as Residential Class II Type - II.

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

For a property valued at Rs 10,25,000, the stamp duty would be Rs 71,750 and the registration fee would be Rs 20,500, totaling Rs 92,250.

Where is the Peelamedu Sub Registrar Office located?

The Peelamedu Sub Registrar Office is located at 6/1, Grd Road, Redfields, Coimbatore - 18, in the Coimbatore registration zone.