Guideline Value for Appar Street

Appar Street guideline value

The current guideline value of Appar Street in Attavanai pidariyur village is Rs 510 per sq.ft, effective from 1 July 2024. This street falls under the Chennimalai SRO and is classified as Residential Class I Type - II.

How the guideline value of Appar Street has changed

The guideline value for Appar Street has undergone several revisions over the years. The earliest recorded figure is from the 2012 revision, which was Rs 450 per sq.ft. This was followed by a decrease to Rs 301 per sq.ft in the 2017 revision, marking a decline of 33%. The subsequent 2023 revision saw an increase to Rs 450 per sq.ft, and the latest 2024 revision has set the value at Rs 510 per sq.ft, reflecting a 13% increase from the previous year.

In summary, from 2012 to 2024, the overall change in the guideline value has been an increase of 13%. The jump from Rs 301 per sq.ft in 2017 to Rs 450 per sq.ft in 2023 represents a significant rise of 50%.

Guideline values in Attavanai pidariyur

In Attavanai pidariyur, there are 69 streets under the Chennimalai SRO with a 2024 guideline value ranging from Rs 225 to Rs 920 per sq.ft. The median guideline value for these streets is Rs 340 per sq.ft, placing Appar Street's 2024 figure above this median.

• Arachaloor Road: Rs 920 per sq.ft (2024)
• Aravazhi Street: Rs 340 per sq.ft (2024)
• Arijana Colony 2: Rs 225 per sq.ft (2024)
• Chinnapedariyur: Rs 225 per sq.ft (2024)
• Eengkar Road: Rs 920 per sq.ft (2024)
• Gandhiji Nagar: Rs 340 per sq.ft (2024)

Stamp duty and registration fee for property in Appar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 510 per sq.ft, the total guideline value amounts to Rs 5,10,000. The stamp duty at 7% would be Rs 35,700, and the registration fee at 2% would be Rs 10,200, bringing the total cost for these fees to Rs 45,900. 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 Appar Street?

The Sub Registrar Office that covers Appar Street is the Chennimalai Sub Registrar Office, located at 31, Engur Road, Balamurugan Theater Bus Stop, Chennimalai, Perundurai Tk, Erode-638051, Coimbatore registration zone. You can find your SRO for further assistance.

How the guideline value is used when you buy or sell in Attavanai pidariyur

The guideline value plays a crucial role in the registration process when buying or selling property in Attavanai pidariyur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value is used to ensure that the transaction is recorded accurately and that the appropriate taxes are collected. Buyers and sellers should be aware of the current guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Appar Street?

The current guideline value of Appar Street is Rs 510 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 450 per sq.ft in 2012 to Rs 301 per sq.ft in 2017, then back to Rs 450 per sq.ft in 2023, and finally to Rs 510 per sq.ft in 2024.

What is the land classification for Appar Street?

Appar Street is classified as Residential Class I Type - II under the Chennimalai SRO.

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

For a 1,000 sq.ft plot, the stamp duty would be Rs 35,700 and the registration fee would be Rs 10,200, totaling Rs 45,900.

Where is the Sub Registrar Office for Appar Street located?

The Sub Registrar Office for Appar Street is located at 31, Engur Road, Balamurugan Theater Bus Stop, Chennimalai, Perundurai Tk, Erode-638051, Coimbatore registration zone.