Guideline Value for ANAIKADU

Anaikadu guideline value

The current guideline value of Anaikadu is Rs 1,100 per sq.ft, effective from 1 July 2024. This village falls under the Tiruppur Joint II SRO and is classified as Residential Special Type - I.

How the guideline value of Anaikadu has changed

The guideline value for Anaikadu has undergone several revisions over the years. In 2007, the value was set at Rs 245 per sq.ft, which increased significantly to Rs 1,000 per sq.ft in 2012. However, it decreased to Rs 670 per sq.ft in 2017 before rising to Rs 1,000 per sq.ft again in 2023. The current rate of Rs 1,100 per sq.ft reflects a 10% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 349%. Notably, there are no figures available for the years 2002 and 2003 in the register for this street.

Guideline values in Ward - F

In Ward - F, there are 163 streets under the Tiruppur Joint II SRO, with guideline values ranging from Rs 701 to Rs 2,200 per sq.ft. The median value is Rs 706 per sq.ft, placing Anaikadu's 2024 figure above this median.

• Andikkadu (Karumarampalayam): Rs 705 per sq.ft (2024)
• Ambuli Nagar: Rs 705 per sq.ft (2024)
• A K Nagar: Rs 705 per sq.ft (2024)
• A.I.T.U.C Colony 4th Street: Rs 880 per sq.ft (2024)
• A.I.T.U.C Colony 3rd Street: Rs 880 per sq.ft (2024)
• A.I.T.U.C Colony 2nd Street: Rs 880 per sq.ft (2024)

Stamp duty and registration fee for property in Anaikadu

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total fees to Rs 99,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anaikadu?

The Sub Registrar Office that covers Anaikadu is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward - F

The guideline value is a critical factor in the registration process when buying or selling property in Ward - F. 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 assessed to ensure that the duties are calculated accurately. Buyers and sellers must be aware of these values to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Anaikadu?

The current guideline value of Anaikadu is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 245 per sq.ft in 2007 to Rs 1,100 per sq.ft in 2024, marking an overall increase of 349% over the years.

What are the other streets in Ward - F?

Other streets in Ward - F include Andikkadu (Karumarampalayam), Ambuli Nagar, A K Nagar, and various A.I.T.U.C Colony streets, with values ranging from Rs 705 to Rs 880 per sq.ft as of 2024.

What fees are associated with property registration in Anaikadu?

The fees for property registration include stamp duty at 7% and a registration fee at 2% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Anaikadu?

The Sub Registrar Office for Anaikadu is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.