Guideline Value for Anupparpalayam Main

Anupparpalayam Main guideline value

The current guideline value of Anupparpalayam Main 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 Main has changed

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

Between the 2017 and 2023 revisions, there was a significant increase of 49%. Overall, from the 2012 to 2024 revisions, 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 the median value being Rs 3,400 per sq.ft. Anupparpalayam Main's 2024 figure is below this median.

• Anupparpalayam Lane: Rs 1,400 per sq.ft (2024)
• Anupparpalayam: 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 Main

For a 1,000 sq.ft plot at the current guideline value of Rs 1,400 per sq.ft, the total guideline value would be Rs 14,00,000. The stamp duty at 7% would amount to Rs 98,000, and the registration fee at 2% would be Rs 28,000, totaling Rs 1,26,000. 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 Anupparpalayam Main?

The Sub Registrar Office that covers Anupparpalayam Main is the Coimbatore North Joint 1 Sub Registrar Office. The address is District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001, Coimbatore registration zone. 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 when buying or selling property in Ward-1. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the property registration process.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue based on the property's assessed value.

Frequently asked questions

What is the current guideline value of Anupparpalayam Main?

The current guideline value of Anupparpalayam Main 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 is the land classification of Anupparpalayam Main?

Anupparpalayam Main is classified as Residential Class III Type - III.

What are the stamp duty rates for property in Anupparpalayam Main?

The stamp duty rate for property in Anupparpalayam Main is 7%, while the registration fee is 2% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Anupparpalayam Main?

The Sub Registrar Office for Anupparpalayam Main is located at the District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001, Coimbatore registration zone.