Guideline Value for AANAMALAI STREET

Aanamalai Street guideline value

The current guideline value of Aanamalai Street in Dhali village, under the Udumalpettai SRO, is Rs 200 per sq.ft, effective from 1 July 2024. This street is classified as Commercial Class I Type - I.

How the guideline value of Aanamalai Street has changed

The guideline value for Aanamalai Street has seen several revisions over the years. In the 2012 revision, the value was set at Rs 80 per sq.ft. This increased to Rs 100 per sq.ft in the 2017 revision, marking a 25% rise. The next revision in 2023 maintained the value at Rs 200 per sq.ft, reflecting a 100% increase from the 2017 figure. The 2024 revision also holds the value at Rs 200 per sq.ft, showing no change from the previous year. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 150%. This steady increase indicates a consistent value for Aanamalai Street in recent years.

Guideline values in Dhali

In Dhali, there are 36 streets under the Udumalpettai SRO that carry a 2024 guideline value, all at Rs 200 per sq.ft, with the median also at Rs 200 per sq.ft. This places Aanamalai Street at the median value for the village.

• Alaghar Street: Rs 200 per sq.ft (2024)
• Ambhedkar Street: Rs 200 per sq.ft (2024)
• Anaimalai Road: Rs 200 per sq.ft (2024)
• Anna Street: Rs 200 per sq.ft (2024)
• Aranmanai Street: Rs 200 per sq.ft (2024)
• Arumugam Salai: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Aanamalai Street

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value would be Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total fees to Rs 18,000. 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 Aanamalai Street?

The Sub Registrar Office that covers Aanamalai Street is the Udumalpettai Sub Registrar Office, located at 21, Katcheri Street, Taluk Office Campus, Udumalapet-642126, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration process of property transactions in Dhali. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When a buyer purchases property, the guideline value is used to calculate the applicable fees, ensuring that the registration process is transparent and standardized. This helps in maintaining a fair process for both buyers and sellers in the real estate market.

Frequently asked questions

What is the current guideline value of Aanamalai Street?

The current guideline value of Aanamalai Street is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 80 per sq.ft in 2012 to Rs 200 per sq.ft in 2024, marking an overall increase of 150% over this period.

What are the other streets with the same guideline value in Dhali?

Other streets in Dhali, such as Alaghar Street, Ambhedkar Street, and Anaimalai Road, also have a guideline value of Rs 200 per sq.ft in 2024.

Where is the Sub Registrar Office located for Aanamalai Street?

The Udumalpettai Sub Registrar Office is located at 21, Katcheri Street, Taluk Office Campus, Udumalapet-642126, Coimbatore registration zone.

How is the stamp duty calculated for property transactions?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 2,00,000, the stamp duty at 7% would be Rs 14,000.