Guideline Value for A.N Nagar

A.N Nagar guideline value

The current guideline value of A.N Nagar, located in Kurichi village under the Coimbatore North Joint 1 SRO, is Rs 1,035 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class II Type - II.

How the guideline value of A.N Nagar has changed

The guideline value of A.N Nagar has undergone several revisions over the years. In 2007, the guideline value was Rs 230 per sq.ft, which increased to Rs 600 per sq.ft in 2012. However, there was a decrease to Rs 402 per sq.ft in 2017. The value then rose significantly to Rs 1,000 per sq.ft in 2023, and currently stands at Rs 1,035 per sq.ft from the 2024 revision, marking a 4% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 350%. The register does not have figures for the years 2002 and 2003 for this street.

Guideline values in Kurichi

In Kurichi, there are 536 streets under the Coimbatore North Joint 1 SRO with a 2024 guideline value ranging from Rs 1,000 to Rs 2,200 per sq.ft, with a median value of Rs 1,040 per sq.ft. A.N Nagar's 2024 figure is below this median.

• Anna Aasiriyar Colony: Rs 1,035 per sq.ft (2024)
• Annai Indira Nagar Cross Street II (Ward 18): Rs 1,055 per sq.ft (2024)
• Annai Indira Nagar Cross Street I (Ward 18): Rs 1,055 per sq.ft (2024)
• Anganna Thevar Sandhu (Ward 4): Rs 1,035 per sq.ft (2024)
• Anganna Gounder Street (Ward 10): Rs 1,035 per sq.ft (2024)
• Angamuhtu Gounder Street (Ward 10): Rs 1,030 per sq.ft (2024)

Stamp duty and registration fee for property in A.N Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,035 per sq.ft, the total guideline value would be Rs 10,35,000. The stamp duty at 7% would be Rs 72,450, and the registration fee at 2% would be Rs 20,700. Together, the total charges would amount to Rs 93,150. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers A.N Nagar?

The Sub Registrar Office that covers A.N Nagar is the Coimbatore North Joint 1 Sub Registrar Office, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Kurichi. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is sold, the guideline value is compared to the sale price, and the duty is charged based on the higher amount. This ensures that both the buyer and seller are aware of the financial obligations involved in the transaction.

Frequently asked questions

What is the current guideline value of A.N Nagar?

The current guideline value of A.N Nagar is Rs 1,035 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 230 per sq.ft in 2007 to Rs 1,035 per sq.ft in 2024, marking an overall increase of 350%.

What is the land classification for A.N Nagar?

A.N Nagar is classified as Residential Class II Type - II.

What are the stamp duty and registration fees for A.N Nagar?

For a 1,000 sq.ft plot, the total guideline value is Rs 10,35,000, with a stamp duty of Rs 72,450 and a registration fee of Rs 20,700, totaling Rs 93,150.

Which office handles registrations for A.N Nagar?

The Coimbatore North Joint 1 Sub Registrar Office handles registrations for A.N Nagar, located at District Registrar Office, Syryan Church Road, Coimbatore -641001.