Guideline Value for A.N.NAGAR

A.N.Nagar guideline value

The current guideline value of A.N.Nagar, located in Villankuruchi village under the Ganapathy SRO, is Rs 1,006 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class I Type - III.

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 the 2007 revision, the value was set at Rs 125 per sq.ft, which increased significantly to Rs 500 per sq.ft in 2012. However, there was a decrease to Rs 335 per sq.ft in 2017. The value then rose dramatically to Rs 1,000 per sq.ft in 2023, and the latest revision in 2024 shows a slight increase to Rs 1,006 per sq.ft.

Between the revisions, the changes are notable. From 2017 to 2023, there was a substantial increase of 199%. The 2012 to 2017 period saw a decrease of 33%, while the 2007 to 2012 period experienced a remarkable increase of 300%. Overall, from 2007 to 2024, the guideline value has increased by 705%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Villankuruchi

In Villankuruchi, there are 275 streets under the Ganapathy SRO with a 2024 guideline value ranging from Rs 1,001 to Rs 3,220 per sq.ft, with a median value of Rs 1,008 per sq.ft. A.N.Nagar's current guideline value is below this median.

• Annai Nagar: Rs 1,008 per sq.ft (2024)
• Annai Velankanni Nagar/Udaya Nagar: Rs 1,008 per sq.ft (2024)
• Andiyappa Devar Layout/Viswasapuram: Rs 1,010 per sq.ft (2024)
• Annamalaiyar Avenue Phase-1.2: Rs 1,006 per sq.ft (2024)
• Annamalaiyar Nagar: Rs 1,006 per sq.ft (2024)
• Andal Nagar/Sri Ambal Nagar: Rs 1,008 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 1,006 per sq.ft, the total guideline value would be Rs 10,06,000. The stamp duty at 7% would be Rs 70,420, and the registration fee at 2% would be Rs 20,120, bringing the total cost for these fees to Rs 90,540. Please note that 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 A.N.Nagar?

The Sub Registrar Office that covers A.N.Nagar is the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006. You can find your SRO for more information.

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

The guideline value is an essential factor during the registration of property transactions in Villankuruchi. It serves as a reference point for determining the applicable stamp duty and registration fees, which are calculated based on this value.

When buying or selling property, the guideline value helps ensure that the transaction is registered at a value that reflects the current market standards. This process aids in maintaining transparency and consistency in property dealings within the region.

Frequently asked questions

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

The current guideline value of A.N.Nagar is Rs 1,006 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2007, the guideline value has increased from Rs 125 per sq.ft to Rs 1,006 per sq.ft in 2024, marking an overall increase of 705% over the years.

What are the other streets in Villankuruchi with their guideline values?

Other streets in Villankuruchi include Annai Nagar and Annai Velankanni Nagar/Udaya Nagar, both at Rs 1,008 per sq.ft, and Andiyappa Devar Layout/Viswasapuram at Rs 1,010 per sq.ft, among others.

What fees are associated with property registration in A.N.Nagar?

When registering property in A.N.Nagar, the stamp duty is 7% of the guideline value, and the registration fee is 2%. For example, for a 1,000 sq.ft plot, the total fees would amount to Rs 90,540.

Where is the Ganapathy Sub Registrar Office located?

The Ganapathy Sub Registrar Office is located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006.