Guideline Value for Antigounder Street (Karikal Cholan street)

Antigounder Street (Karikal Cholan street) guideline value

The current guideline value of Antigounder Street (Karikal Cholan street) is Rs 2,500 per sq.ft, effective from 1 July 2024. This street is located in Ward 3 village under the Pollachi SRO and is classified as Commercial Special Type - I.

How the guideline value of Antigounder Street (Karikal Cholan street) has changed

Looking back at the revisions, the guideline value for Antigounder Street (Karikal Cholan street) has seen several changes over the years. In the 2007 revision, the value was Rs 1,555 per sq.ft, which increased to Rs 2,500 per sq.ft in 2012, marking a 61% rise. However, it dropped to Rs 1,675 per sq.ft in the 2017 revision, a decrease of 33%. The value then rose significantly to Rs 2,500 per sq.ft in both the 2023 and 2024 revisions, indicating no change between these two years. The register has no figure for the years 2002 and 2003.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 61%. The 2017 to 2023 period saw a substantial increase of 49%, while the values from 2012 to 2017 reflected a decrease of 33%.

Guideline values in Ward 3

In Ward 3, there are 46 streets under the Pollachi SRO that carry a 2024 guideline value, ranging from Rs 300 to Rs 2,500 per sq.ft. The median guideline value in this ward is Rs 883 per sq.ft, making the 2024 figure for Antigounder Street (Karikal Cholan street) above the median.

• Arokiyanathapillai Street: Rs 2,000 per sq.ft (2024)
• Anna Colony: Rs 350 per sq.ft (2024)
• Arumugham Street: Rs 911 per sq.ft (2024)
• Balamanikam Cheeti Street: Rs 911 per sq.ft (2024)
• ABT Road: Rs 1,700 per sq.ft (2024)
• Banglow Road: Rs 1,850 per sq.ft (2024)

Stamp duty and registration fee for property in Antigounder Street (Karikal Cholan street)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,500 per sq.ft, the total guideline value amounts to Rs 25,00,000. The stamp duty at 7% would be Rs 1,75,000, and the registration fee at 2% would be Rs 50,000, bringing the total to Rs 2,25,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Antigounder Street (Karikal Cholan street)?

The Sub Registrar Office that covers Antigounder Street (Karikal Cholan street) is the Pollachi Sub Registrar Office, located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward 3

The guideline value is an essential factor in the registration process when buying or selling property in Ward 3. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction.

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 applicable duties. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Antigounder Street (Karikal Cholan street)?

The current guideline value of Antigounder Street (Karikal Cholan street) is Rs 2,500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has experienced several changes, with the most recent revisions showing a value of Rs 2,500 per sq.ft in both 2023 and 2024. The value was Rs 1,675 per sq.ft in 2017, which marked a 49% increase to the current rate.

What is the median guideline value in Ward 3?

The median guideline value in Ward 3 is Rs 883 per sq.ft. Antigounder Street's 2024 figure of Rs 2,500 per sq.ft is above this median.

What are the stamp duty and registration fees for property transactions in Antigounder Street?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty is Rs 1,75,000 and the registration fee is Rs 50,000, totaling Rs 2,25,000. The duty is charged on the higher of the guideline value or the sale price.

Where is the Sub Registrar Office for Antigounder Street located?

The Sub Registrar Office for Antigounder Street is located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001, Coimbatore registration zone.