Guideline Value for Anjaparai 1st Street (190/1,4)

Anjaparai 1st Street (190/1,4) guideline value

The current guideline value of Anjaparai 1st Street (190/1,4) is Rs 226 per sq.ft, effective from 1 July 2024. This street is located in Salangapalayam village and falls under the Kavundapadi SRO. The land classification for this area is Residential Class I Type - III.

How the guideline value of Anjaparai 1st Street (190/1,4) has changed

The guideline value for Anjaparai 1st Street (190/1,4) has undergone several revisions over the years. The earliest recorded figure is from 2007, where the guideline value was Rs 26 per sq.ft. This increased significantly to Rs 200 per sq.ft in 2012, marking a rise of 669%. However, it saw a decrease to Rs 134 per sq.ft in 2017, which was a decline of 33%. The value remained at Rs 226 per sq.ft for the revisions in both 2023 and 2024, indicating no change between these two years.

From 2017 to 2023, the guideline value increased by 69%. Overall, from the 2007 revision to the 2024 revision, there has been a substantial increase of 769%. It is important to note that there are no figures available for the years 2002 and 2003 for this street.

Guideline values in Salangapalayam

In Salangapalayam, there are a total of 108 streets under the Kavundapadi SRO with the 2024 guideline values ranging from Rs 200 to Rs 450 per sq.ft. The median guideline value is Rs 226 per sq.ft, which is the same as the 2024 figure for Anjaparai 1st Street (190/1,4). Here are some other streets in Salangapalayam:

• Anjaparai 2nd Street (178/7): Rs 226 per sq.ft (2024)
• Alamarathu Street (1067/9): Rs 200 per sq.ft (2024)
• Avinashi Street (1067/9): Rs 200 per sq.ft (2024)
• Ayigoundanur (737/3): Rs 200 per sq.ft (2024)
• Ayigoundanur Street (766/5): Rs 200 per sq.ft (2024)
• Ayyan Valasu (700/2): Rs 226 per sq.ft (2024)

Stamp duty and registration fee for property in Anjaparai 1st Street (190/1,4)

For a 1,000 sq.ft plot at the current guideline value of Rs 226 per sq.ft, the total guideline value amounts to Rs 2,26,000. The stamp duty at 7% would be Rs 15,820, and the registration fee at 2% would be Rs 4,520, making the total cost for these fees Rs 20,340. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more detailed calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anjaparai 1st Street (190/1,4)?

The Sub Registrar Office that covers Anjaparai 1st Street (190/1,4) is the Kavundapadi Sub Registrar Office, located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration process when buying or selling property in Salangapalayam. It serves as the basis for calculating stamp duty and registration fees, ensuring that these costs are aligned with the official valuation of the property.

When a property is sold, the buyer and seller must consider the guideline value to determine the applicable fees. The registration office uses this value to assess the transaction, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value of Anjaparai 1st Street (190/1,4)?

The current guideline value of Anjaparai 1st Street (190/1,4) is Rs 226 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 26 per sq.ft in 2007 to Rs 226 per sq.ft in 2024, representing an overall increase of 769% over the years.

What is the land classification for Anjaparai 1st Street (190/1,4)?

The land classification for Anjaparai 1st Street (190/1,4) is Residential Class I Type - III.

Where can I find the Kavundapadi Sub Registrar Office?

The Kavundapadi Sub Registrar Office is located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone.

How is the stamp duty calculated for properties in Anjaparai 1st Street (190/1,4)?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 226 per sq.ft, the stamp duty would be Rs 15,820.