Guideline Value for ANADHA POYAN STREET

Anadha Poyan Street guideline value

The current guideline value of Anadha Poyan Street is Rs 500 per sq.ft, effective from 1 July 2024. This street is located in Vadugapalayam village and falls under the Palladam SRO. The land classification for this area is Residential Class I Type - III.

How the guideline value of Anadha Poyan Street has changed

The guideline value for Anadha Poyan Street has seen several revisions over the years. In the 2012 revision, the value was set at Rs 450 per sq.ft, which decreased to Rs 301 per sq.ft in the 2017 revision, marking a decline of 33%. However, from 2017 to 2023, the value increased significantly by 50% to reach Rs 450 per sq.ft. The most recent revision in 2024 has further increased the guideline value to Rs 500 per sq.ft, reflecting an 11% rise from the previous year.

It is important to note that there are no figures available for the revisions in the years 2002, 2003, and 2007 for Anadha Poyan Street. Overall, from 2012 to 2024, the guideline value has increased by 11%.

Guideline values in Vadugapalayam

In Vadugapalayam, there are 27 streets under the Palladam SRO that carry a 2024 guideline value ranging from Rs 301 to Rs 840 per sq.ft, with the median value being Rs 500 per sq.ft. Anadha Poyan Street's 2024 guideline value aligns with this median.

• Arijana Colony: Rs 301 per sq.ft (2024)
• Ayyan Anga Muthu Nager: Rs 780 per sq.ft (2024)
• Bajanai Kovil Street: Rs 380 per sq.ft (2024)
• Bharathiyar Street: Rs 500 per sq.ft (2024)
• Chinnaiya Garden: Rs 840 per sq.ft (2024)
• Chinniyagounder Street: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in Anadha Poyan Street

For a 1,000 sq.ft plot at the current guideline value of Rs 500 per sq.ft, the total guideline value amounts to Rs 5,00,000. The stamp duty at 7% would be Rs 35,000, and the registration fee at 2% would be Rs 10,000, bringing the total to Rs 45,000. 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 Anadha Poyan Street?

Anadha Poyan Street falls under the jurisdiction of the Palladam Sub Registrar Office, located at No.16, Mangalam Road, Palladam - 641664, Coimbatore registration zone. You can find your SRO for more information.

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

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

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the stamp duty. This ensures that the government receives appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Anadha Poyan Street?

The current guideline value of Anadha Poyan Street is Rs 500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 450 per sq.ft in 2012 to Rs 301 per sq.ft in 2017, then increased to Rs 450 per sq.ft in 2023, and finally to Rs 500 per sq.ft in 2024.

What is the land classification for Anadha Poyan Street?

Anadha Poyan Street is classified as Residential Class I Type - III.

Where can I find the registration office for Anadha Poyan Street?

The registration office for Anadha Poyan Street is the Palladam Sub Registrar Office, located at No.16, Mangalam Road, Palladam - 641664, Coimbatore registration zone.

How is the stamp duty calculated for properties in Vadugapalayam?

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 5,00,000, the stamp duty would be Rs 35,000 at 7%.