Guideline Value for Angel Garden

Angel Garden guideline value

The current guideline value of Angel Garden, located in Pattanam village under the Singanallur SRO, is Rs 165 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class III Type - II.

How the guideline value of Angel Garden has changed

The guideline value for Angel Garden has seen several revisions over the years. The earliest recorded figure is from 2012, where the value was Rs 150 per sq.ft. In 2017, it was revised to Rs 100 per sq.ft, reflecting a decrease of 33%. The 2023 revision brought the value back up to Rs 150 per sq.ft, and the most recent revision in 2024 increased it further to Rs 165 per sq.ft, marking a 10% rise from the previous year.

There are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Pattanam

In Pattanam, there are 220 streets under the Singanallur SRO, with guideline values ranging from Rs 165 to Rs 1,815 per sq.ft. The median value for these streets is Rs 220 per sq.ft, placing Angel Garden's 2024 figure below this median.

• Annai Gardens: Rs 635 per sq.ft (2024)
• Annai Increte Nagar: Rs 220 per sq.ft (2024)
• Andal Garden: Rs 220 per sq.ft (2024)
• Annai Surammal Nagar: Rs 165 per sq.ft (2024)
• Amman Nagar, Extension: Rs 330 per sq.ft (2024)
• Amman Nagar: Rs 330 per sq.ft (2024)

Stamp duty and registration fee for property in Angel Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 165 per sq.ft, the total guideline value is Rs 1,65,000. The stamp duty at 7% would be Rs 11,550, and the registration fee at 2% would be Rs 3,300, bringing the total cost for these fees to Rs 14,850. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Angel Garden?

The Sub Registrar Office that covers Angel Garden 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 Pattanam

The guideline value is a crucial factor in the registration process of property transactions in Pattanam. It serves as a benchmark for determining the stamp duty and registration fees applicable when buying or selling a property.

When a property is registered, the guideline value is compared with the sale price, and the higher of the two is used to calculate the necessary fees. This ensures that the fees reflect the property's market value as per the government guidelines.

Frequently asked questions

What is the current guideline value of Angel Garden?

The current guideline value of Angel Garden is Rs 165 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 150 per sq.ft in 2012 to Rs 100 per sq.ft in 2017, then to Rs 150 per sq.ft in 2023, and finally to Rs 165 per sq.ft in 2024.

What is the land classification of Angel Garden?

Angel Garden is classified as Residential Class III Type - II, indicating its suitability for residential development.

What are the stamp duty and registration fees for a property in Angel Garden?

For a property valued at Rs 1,65,000, the stamp duty would be Rs 11,550 and the registration fee would be Rs 3,300, totaling Rs 14,850.

Which office handles property registrations for Angel Garden?

The Singanallur Sub Registrar Office handles property registrations for Angel Garden, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.