Guideline Value for Anupparpalayam Lane

Anupparpalayam Lane guideline value

The current guideline value of Anupparpalayam Lane is Rs 1,400 per sq.ft, effective from 1 July 2024. This street is located in Ward-1 village under the Coimbatore North Joint 1 SRO and is classified as Residential Class III Type - III.

How the guideline value of Anupparpalayam Lane has changed

The guideline value for Anupparpalayam Lane has seen several revisions over the years. The 2012 revision set the value at Rs 1,250 per sq.ft, which was then decreased to Rs 837 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 1,250 per sq.ft in the 2023 revision, and the latest revision in 2024 has raised it further to Rs 1,400 per sq.ft, marking a 12% increase from the previous year.

From the 2017 revision to the 2023 revision, there was a notable increase of 49%. Overall, comparing the 2012 revision to the current 2024 revision, the guideline value has increased by 12%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Ward-1

In Ward-1, there are 97 streets under the Coimbatore North Joint 1 SRO that carry a 2024 guideline value ranging from Rs 1,400 to Rs 7,900 per sq.ft, with a median value of Rs 3,400 per sq.ft. The guideline value for Anupparpalayam Lane is below this median.

• Anupparpalayam: Rs 1,400 per sq.ft (2024)
• Anupparpalayam Main: Rs 1,400 per sq.ft (2024)
• Arts College Road: Rs 7,900 per sq.ft (2024)
• Arts College Road Lane: Rs 4,900 per sq.ft (2024)
• A.T Devarajalu Road: Rs 4,400 per sq.ft (2024)
• A.T.T Colony I: Rs 4,400 per sq.ft (2024)

Stamp duty and registration fee for property in Anupparpalayam Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 1,400 per sq.ft, the total guideline value amounts to Rs 14,00,000. The stamp duty at 7% would be Rs 98,000, and the registration fee at 2% would be Rs 28,000, bringing the total to Rs 1,26,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anupparpalayam Lane?

Anupparpalayam Lane falls under the jurisdiction of the Coimbatore North Joint 1 Sub Registrar Office, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward-1

The guideline value is a crucial factor during the registration of property transactions in Ward-1. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid, ensuring that the transaction is recorded at a value that reflects the market conditions.

When buying or selling property, the guideline value helps both parties understand the financial implications of the transaction. It is essential to be aware of the current guideline value to ensure compliance with local regulations and to avoid any potential penalties during the registration process.

Frequently asked questions

What is the current guideline value of Anupparpalayam Lane?

The current guideline value of Anupparpalayam Lane is Rs 1,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,250 per sq.ft in 2012 to Rs 837 per sq.ft in 2017, then to Rs 1,250 per sq.ft in 2023, and finally to Rs 1,400 per sq.ft in 2024.

What are the stamp duty and registration fees for property in Anupparpalayam Lane?

For a 1,000 sq.ft plot, the total guideline value is Rs 14,00,000, with a stamp duty of Rs 98,000 and a registration fee of Rs 28,000, totaling Rs 1,26,000.

Which Sub Registrar Office covers Anupparpalayam Lane?

The Coimbatore North Joint 1 Sub Registrar Office covers Anupparpalayam Lane, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001.

What is the land classification of Anupparpalayam Lane?

Anupparpalayam Lane is classified as Residential Class III Type - III under the current guidelines.