Guideline Value for ANAIMALAI ROAD

Anaimalai Road guideline value

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

How the guideline value of Anaimalai Road has changed

Starting from the earliest revision, the guideline value for Anaimalai Road was Rs 35 per sq.ft in 2007. This figure increased to Rs 80 per sq.ft in 2012, marking a 129% rise. The value then rose by 25% to Rs 100 per sq.ft in 2017. The next revision in 2023 kept the value unchanged at Rs 200 per sq.ft, which was the same for the 2024 revision, showing no change from the previous year.

From 2017 to 2023, the value saw a significant increase of 100%. Overall, from 2007 to 2024, the guideline value has increased by 471%, reaching the current rate of Rs 200 per sq.ft.

Guideline values in Dhali

In Dhali village, there are 36 streets under the Udumalpettai SRO that carry a 2024 guideline value, all set at Rs 200 per sq.ft. The median value is also Rs 200 per sq.ft, placing Anaimalai Road at the same level as the median.

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

Stamp duty and registration fee for property in Anaimalai Road

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, totaling 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 Anaimalai Road?

The Sub Registrar Office that covers Anaimalai Road 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 of property transactions in Dhali. It serves as a benchmark for determining the applicable stamp duty and registration fees, ensuring that both buyers and sellers are aware of the financial implications involved in the transaction.

When a property is bought or sold, the guideline value helps to establish a fair rate for taxation purposes. It is essential for both parties to understand this value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Anaimalai Road?

The current guideline value of Anaimalai Road 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 35 per sq.ft in 2007 to Rs 200 per sq.ft in 2024, marking an overall increase of 471% over the years.

What is the land classification for Anaimalai Road?

Anaimalai Road is classified as Commercial Class I Type - I, indicating its suitability for commercial activities.

What are the stamp duty and registration fees for property transactions?

For a property valued at Rs 2,00,000, the stamp duty would be Rs 14,000 and the registration fee would be Rs 4,000, totaling Rs 18,000.

Where is the Udumalpettai Sub Registrar Office located?

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