Guideline Value for Appakkodal Kamaraj Street (415/1)

Appakkodal Kamaraj Street (415/1) guideline value

The current guideline value of Appakkodal Kamaraj Street (415/1) is Rs 275 per sq.ft, effective from 1 July 2024. This street is located in Aapakudal village and falls under the Kavundapadi SRO. The land classification for this area is Residential Class I Type - II.

How the guideline value of Appakkodal Kamaraj Street (415/1) has changed

In the 2007 revision, the guideline value was Rs 30 per sq.ft. This increased significantly to Rs 250 per sq.ft in 2012, marking a rise of 733%. However, the value then decreased to Rs 167 per sq.ft in 2017, a drop of 33%. The 2023 revision maintained the value at Rs 275 per sq.ft, and this rate has remained unchanged in the 2024 revision.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 817%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Aapakudal

Aapakudal village has 51 streets under the Kavundapadi SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 508 per sq.ft. The median guideline value is Rs 275 per sq.ft, which is equal to the current value of Appakkodal Kamaraj Street (415/1).

• Anthiyur Main Road (44/3,52/11,12): Rs 400 per sq.ft (2024)
• Anna Nagar (346/1,2,3,4,5,347/9,347/10,364/3,4): Rs 200 per sq.ft (2024)
• Arthanari Street (414,415/2): Rs 275 per sq.ft (2024)
• Amman Koil Street (374): Rs 275 per sq.ft (2024)
• Ambethkar street (414): Rs 200 per sq.ft (2024)
• Aa. Pudhupalayam Main Road (11,39/2,3,7,8,9,10,50/6,9,10,11,47/8 to12,63/1 to9,80/1 to5,87/1,4,5,8 to 11,97/1 to 5): Rs 275 per sq.ft (2024)

Stamp duty and registration fee for property in Appakkodal Kamaraj Street (415/1)

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 2,75,000. The stamp duty at 7% amounts to Rs 19,250, while the registration fee at 2% is Rs 5,500. Together, these fees total Rs 24,750. Duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Appakkodal Kamaraj Street (415/1)?

The Sub Registrar Office that covers Appakkodal Kamaraj Street (415/1) 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 Aapakudal

The guideline value is a crucial factor during the registration of property transactions in Aapakudal. It serves as a benchmark for determining the stamp duty and registration fees applicable to the sale or purchase of property.

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 stamp duty. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Appakkodal Kamaraj Street (415/1)?

The current guideline value of Appakkodal Kamaraj Street (415/1) is Rs 275 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 30 per sq.ft in 2007 to Rs 275 per sq.ft in 2024, marking an overall increase of 817%.

What is the land classification for Appakkodal Kamaraj Street (415/1)?

Appakkodal Kamaraj Street (415/1) is classified as Residential Class I Type - II.

Where can I find the Sub Registrar Office for Appakkodal Kamaraj Street (415/1)?

The Sub Registrar Office for Appakkodal Kamaraj Street (415/1) is located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone.

How is the stamp duty calculated for properties in Aapakudal?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. The current rate for stamp duty is 7% of this value.