Guideline Value for Azagappa Gounder Street @ Alagappan Mill Road

Azagappa Gounder Street @ Alagappan Mill Road guideline value

The current guideline value of Azagappa Gounder Street @ Alagappan Mill Road is Rs 675 per sq.ft, effective from 1 July 2024. This street is located in Ward 4 village under the Pollachi SRO, classified as Residential Class IV Type - I.

How the guideline value of Azagappa Gounder Street @ Alagappan Mill Road has changed

Over the years, the guideline value for Azagappa Gounder Street has seen several revisions. The 2007 revision set the value at Rs 375 per sq.ft, which increased to Rs 675 per sq.ft in both the 2012 and 2023 revisions. The 2017 revision marked a significant increase to Rs 452 per sq.ft, reflecting a 49% rise from the previous figure. Notably, the register has no figures for the years 2002 and 2003 for this street.

The most recent revision in 2024 maintains the guideline value at Rs 675 per sq.ft, showing no change from the 2023 figure. Overall, from the 2007 revision to the 2024 revision, there has been an 80% increase in the guideline value, demonstrating fluctuations in property valuation over the years.

Guideline values in Ward 4

In Ward 4, there are 116 streets under the Pollachi SRO with a 2024 guideline value ranging from Rs 300 to Rs 2,500 per sq.ft. The median value is Rs 675 per sq.ft, which matches the 2024 figure for Azagappa Gounder Street.

• Azagammal Layout: Rs 541 per sq.ft (2024)
• Azagappa Layout: Rs 675 per sq.ft (2024)
• Azakappa Colony: Rs 675 per sq.ft (2024)
• Azakapuri Road: Rs 420 per sq.ft (2024)
• Balakrishna Layout: Rs 420 per sq.ft (2024)
• Bangalow Road: Rs 2,500 per sq.ft (2024)

Stamp duty and registration fee for property in Azagappa Gounder Street @ Alagappan Mill Road

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 6,75,000. The stamp duty at 7% would be Rs 47,250, and the registration fee at 2% would be Rs 13,500, bringing the total to Rs 60,750. 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 further assistance.

Which Sub Registrar Office covers Azagappa Gounder Street @ Alagappan Mill Road?

The Azagappa Gounder Street @ Alagappan Mill Road is covered by the Pollachi Sub Registrar Office, located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward 4

The guideline value is a crucial factor in the registration process of property transactions in Ward 4. It serves as a benchmark for determining the stamp duty and registration fees applicable during the sale or purchase of property.

Frequently asked questions

What is the current guideline value for Azagappa Gounder Street?

The current guideline value for Azagappa Gounder Street @ Alagappan Mill Road is Rs 675 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has undergone several revisions, with the most recent being Rs 675 per sq.ft in both 2023 and 2024. The value increased from Rs 375 per sq.ft in 2007 to Rs 675 per sq.ft in 2012, and then to Rs 452 per sq.ft in 2017 before returning to Rs 675 per sq.ft.

What are the other streets in Ward 4?

Other streets in Ward 4 under the Pollachi SRO include Azagammal Layout, Azagappa Layout, Azakappa Colony, Azakapuri Road, Balakrishna Layout, and Bangalow Road, each with varying guideline values.

Where can I calculate stamp duty and registration fees?

You can calculate stamp duty and registration fees using the stamp duty and registration fee calculator available online.

Which office handles registrations for Azagappa Gounder Street?

The Pollachi Sub Registrar Office handles registrations for Azagappa Gounder Street @ Alagappan Mill Road, located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001.