Guideline Value for Attali Veerappathevar Nagar

Attali Veerappathevar Nagar guideline value

The current guideline value of Attali Veerappathevar Nagar is Rs 784 per sq.ft, effective from 1 July 2024. This area is located in Sulur village under the Sulur SRO, classified as Commercial Class I Type - II.

How the guideline value of Attali Veerappathevar Nagar has changed

In the 2012 revision, the guideline value was Rs 700 per sq.ft. This value decreased to Rs 469 per sq.ft in 2017. Following this, the value increased significantly to Rs 700 per sq.ft in the 2023 revision, and then rose to Rs 784 per sq.ft in the 2024 revision, marking a 12% increase from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 12%. The changes between the revisions indicate a 49% increase from 2017 to 2023, and a decrease of 33% from 2012 to 2017. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Sulur

In Sulur, there are 228 streets under the Sulur SRO that have a 2024 guideline value ranging from Rs 280 to Rs 1,400 per sq.ft. The median value is Rs 784 per sq.ft, which is equal to the guideline value of Attali Veerappathevar Nagar.

• Athavannan Lane: Rs 560 per sq.ft (2024)
• Arumugan Street: Rs 784 per sq.ft (2024)
• Ayyavu Thevar Sandhu: Rs 784 per sq.ft (2024)
• Ayyavu Udayar Lane: Rs 560 per sq.ft (2024)
• Balagurunadha Jothidar Street: Rs 784 per sq.ft (2024)
• Arima Nagar: Rs 560 per sq.ft (2024)

Stamp duty and registration fee for property in Attali Veerappathevar Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 784 per sq.ft, the total guideline value amounts to Rs 7,84,000. The stamp duty at 7% would be Rs 54,880, and the registration fee at 2% would be Rs 15,680, bringing the total fees to Rs 70,560. Duty is charged on the higher of the guideline value or the sale price. You can also use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Attali Veerappathevar Nagar?

The Sub Registrar Office covering Attali Veerappathevar Nagar is the Sulur Sub Registrar Office, located at Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is an essential factor during the registration of property transactions in Sulur. It serves as a benchmark for determining the stamp duty and registration fees payable when buying or selling property in the area.

When a property is registered, the authorities will assess the guideline value to calculate applicable fees. Buyers and sellers should be aware that the duty is charged on the higher of the guideline value or the sale price, ensuring that the transaction reflects the correct financial obligations.

Frequently asked questions

What is the current guideline value of Attali Veerappathevar Nagar?

The current guideline value of Attali Veerappathevar Nagar is Rs 784 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, with the most recent being an increase from Rs 700 per sq.ft in 2023 to Rs 784 per sq.ft in 2024. Overall, from 2012 to 2024, the value has increased by 12%.

What is the land classification of Attali Veerappathevar Nagar?

Attali Veerappathevar Nagar is classified as Commercial Class I Type - II. This classification can impact the types of developments permitted in the area.

Where can I find the Sub Registrar Office for Attali Veerappathevar Nagar?

The Sub Registrar Office for Attali Veerappathevar Nagar is located at Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402, Coimbatore registration zone.

How is the stamp duty calculated for properties in Sulur?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 7,84,000, the stamp duty would be Rs 54,880 at a rate of 7%.