Guideline Value for Angappa pannadi santhu

Angappa pannadi santhu guideline value

The current guideline value of Angappa pannadi santhu is Rs 440 per sq.ft, effective from 1 July 2024. This street is located in Irugur village, under the jurisdiction of the Singanallur SRO. The land classification for this area is Residential Class II Type - II.

How the guideline value of Angappa pannadi santhu has changed

The guideline value for Angappa pannadi santhu has undergone several revisions over the years. The earliest recorded figure is from the 2017 revision, which was Rs 268 per sq.ft. This increased to Rs 400 per sq.ft in the 2023 revision, marking a significant rise of 49%. The latest revision in 2024 shows an increase to Rs 440 per sq.ft, which is a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in Irugur

In Irugur, there are 307 streets under the Singanallur SRO that have a 2024 guideline value ranging from Rs 220 to Rs 2,200 per sq.ft. The median guideline value is Rs 440 per sq.ft, which is the same as the guideline value for Angappa pannadi santhu.

• Angannan santhu: Rs 440 per sq.ft (2024)
• Anganna goundar street: Rs 440 per sq.ft (2024)
• Anganathdevar street: Rs 550 per sq.ft (2024)
• Angalamman koil veethy: Rs 550 per sq.ft (2024)
• Andianna devar veethy: Rs 440 per sq.ft (2024)
• Annai india Street: Rs 550 per sq.ft (2024)

Stamp duty and registration fee for property in Angappa pannadi santhu

For a 1,000 sq.ft plot at the current guideline value of Rs 440 per sq.ft, the total guideline value would be Rs 4,40,000. The stamp duty at 7% would amount to Rs 30,800, while the registration fee at 2% would be Rs 8,800. Together, the total cost for stamp duty and registration fee would be Rs 39,600. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can calculate your specific stamp duty and registration fees using the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Angappa pannadi santhu?

The Sub Registrar Office that covers Angappa pannadi santhu is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Irugur. It is used to determine the stamp duty and registration fees that need to be paid during the transaction. Buyers and sellers must be aware of the current guideline value to ensure compliance with legal requirements.

Additionally, the guideline value serves as a benchmark for property transactions, helping to establish a fair price during negotiations. It is essential for both parties to understand how the guideline value impacts the overall cost of property transfer.

Frequently asked questions

What is the current guideline value of Angappa pannadi santhu?

The current guideline value of Angappa pannadi santhu is Rs 440 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 268 per sq.ft in 2017 to Rs 400 per sq.ft in 2023, and now to Rs 440 per sq.ft in 2024. This represents an overall increase of 64% from 2017 to 2024.

What are the stamp duty and registration fees for property in Angappa pannadi santhu?

For a property valued at Rs 4,40,000, the stamp duty would be Rs 30,800 and the registration fee would be Rs 8,800, totaling Rs 39,600. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office covers Angappa pannadi santhu?

The Singanallur Sub Registrar Office covers Angappa pannadi santhu, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.

What is the land classification for Angappa pannadi santhu?

The land classification for Angappa pannadi santhu is Residential Class II Type - II. This classification indicates the type of development and usage permitted in the area.