Guideline Value for Anupparpalayam

Anupparpalayam guideline value

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

How the guideline value of Anupparpalayam has changed

The guideline value for Anupparpalayam has undergone several revisions over the years. The 2012 revision set the value at Rs 1,250 per sq.ft, which was followed by a decrease to Rs 837 per sq.ft in the 2017 revision. However, the value significantly increased to Rs 1,250 per sq.ft in 2023 and further rose to Rs 1,400 per sq.ft in the 2024 revision, reflecting a 12% increase from the previous year.

From the 2017 revision to the 2023 revision, the value increased by 49%. Overall, from the 2012 revision to the 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. The median value for these streets is Rs 3,400 per sq.ft, placing Anupparpalayam's current guideline value below that median.

• Anupparpalayam Lane: 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

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, making the total cost for these fees Rs 1,26,000. It is important to note that 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 detailed calculations.

Which Sub Registrar Office covers Anupparpalayam?

Anupparpalayam is covered by 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 applicable to the property being bought or sold.

When a property is registered, the guideline value is compared to 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 Anupparpalayam?

The current guideline value of Anupparpalayam 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 increased 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 for Anupparpalayam?

Anupparpalayam is classified as Residential Class III Type - III, which indicates its designation for residential purposes.

Where can I find the Sub Registrar Office for Anupparpalayam?

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

How is the stamp duty calculated for property transactions?

The stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 14,00,000 would incur a stamp duty of Rs 98,000 at a rate of 7%.