Guideline Value for Church Street (Annapoorani Layout)

Church Street (Annapoorani Layout) guideline value

The current guideline value of Church Street (Annapoorani Layout) is Rs 1,000 per sq.ft, effective from 1 July 2024. This street is located in Kavundampalayam village and falls under the Vadavalli SRO. The land classification for this area is Residential Class I Type - II.

How the guideline value of Church Street (Annapoorani Layout) has changed

The guideline value for Church Street has seen several revisions over the years. The 2012 revision set the value at Rs 800 per sq.ft, which then decreased to Rs 536 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 1,000 per sq.ft in both the 2023 and 2024 revisions, marking an overall increase of 25% from 2012 to 2024.

From 2017 to 2023, the guideline value increased by 87%, while there was a decrease of 33% from 2012 to 2017. Notably, the revisions for 2002, 2003, and 2007 do not have figures recorded for this street in the register.

Guideline values in Kavundampalayam

In Kavundampalayam, there are a total of 565 streets under the Vadavalli SRO that carry a 2024 guideline value, ranging from Rs 1,000 to Rs 4,405 per sq.ft. The median guideline value in this area is Rs 1,000 per sq.ft, which is equal to the 2024 figure for Church Street.

• Church Street: Rs 1,000 per sq.ft (2024)
• Chozhan Nagar: Rs 1,000 per sq.ft (2024)
• Classic Garden: Rs 1,000 per sq.ft (2024)
• Classic Garden Extn.,: Rs 1,020 per sq.ft (2024)
• Cooli Nesavalar Colony: Rs 1,015 per sq.ft (2024)
• Co-operative Colony: Rs 1,325 per sq.ft (2024)

Stamp duty and registration fee for property in Church Street (Annapoorani Layout)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value would be Rs 10,00,000. The stamp duty at 7% would amount to Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total fees to Rs 90,000. It is important to note that the 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 Church Street (Annapoorani Layout)?

The Sub Registrar Office that covers Church Street (Annapoorani Layout) is the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046. You can find your SRO for more information.

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

The guideline value plays a crucial role during property registration in Kavundampalayam. It is used to determine the stamp duty and registration fees, which are essential costs associated with the buying or selling of property in this area.

When a property is registered, the guideline value is considered to ensure that the fees reflect the current market conditions as set by the Registration Department. This helps maintain transparency in property transactions.

Frequently asked questions

What is the current guideline value of Church Street (Annapoorani Layout)?

The current guideline value of Church Street (Annapoorani Layout) is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 800 per sq.ft in 2012 to Rs 536 per sq.ft in 2017, then increased to Rs 1,000 per sq.ft in both 2023 and 2024. There are no recorded figures for the years 2002, 2003, and 2007.

What is the land classification for Church Street (Annapoorani Layout)?

The land classification for Church Street (Annapoorani Layout) is Residential Class I Type - II, indicating its suitability for residential purposes.

Where can I find the Sub Registrar Office for Church Street (Annapoorani Layout)?

The Sub Registrar Office for Church Street (Annapoorani Layout) is located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046. This office handles the registration of properties in the area.

How is stamp duty calculated for properties in Kavundampalayam?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 10,00,000, the stamp duty would be Rs 70,000 at a rate of 7%.