Guideline Value for ANAIPALAYAM

Anaipalayam guideline value

The current guideline value of Anaipalayam is Rs 840 per sq.ft, effective from 1 July 2024. This street is located in Ward - K under the Tiruppur Joint I SRO and is classified as Residential Class IV Type - I.

How the guideline value of Anaipalayam has changed

In the 2007 revision, the guideline value was Rs 605 per sq.ft. This increased to Rs 750 per sq.ft in the 2012 revision, marking a 24% increase. However, in the 2017 revision, the value decreased to Rs 502 per sq.ft, which was a significant drop of 33%. The value then rose to Rs 750 per sq.ft in the 2023 revision, a 49% increase from 2017. The most recent revision in 2024 set the value at Rs 840 per sq.ft, reflecting a 12% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 39%. The register does not have figures for the years 2002 and 2003 for this street.

Guideline values in Ward - K

In Ward - K, there are 175 streets under the Tiruppur Joint I SRO with a 2024 guideline value ranging from Rs 780 to Rs 4,480 per sq.ft. The median value for these streets is Rs 1,120 per sq.ft, making Anaipalayam's 2024 figure below that median.

• Anaipalayam Nathakadu: Rs 840 per sq.ft (2024)
• Amarjothi Lay Out: Rs 840 per sq.ft (2024)
• Alagiri Nagar (Thiyagi Kumaran Colony Extn): Rs 840 per sq.ft (2024)
• Alagiri Nagar: Rs 840 per sq.ft (2024)
• ARUGOMBAI 1ST to 4th STREET: Rs 1,120 per sq.ft (2024)
• Arugombai Mettupalayam (Mettuppallam): Rs 1,120 per sq.ft (2024)

Stamp duty and registration fee for property in Anaipalayam

For a 1,000 sq.ft plot at the current rate of Rs 840 per sq.ft, the guideline value amounts to Rs 8,40,000. The stamp duty at 7% would be Rs 58,800, and the registration fee at 2% would be Rs 16,800, totaling Rs 75,600. 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 Anaipalayam?

The Sub Registrar Office that covers Anaipalayam is the Tiruppur Joint I 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 - K

The guideline value is a crucial factor during the registration of property transactions in Ward - K. It determines the minimum value at which a property can be registered, impacting the applicable stamp duty and registration fees.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, protecting both the buyer and seller. It is important to check the current guideline value to understand the financial implications of the transaction.

Frequently asked questions

What is the current guideline value of Anaipalayam?

The current guideline value of Anaipalayam is Rs 840 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, from Rs 605 per sq.ft in 2007 to Rs 840 per sq.ft in 2024, with various increases and decreases in between.

What are the stamp duty and registration fees for property in Anaipalayam?

For a 1,000 sq.ft plot at the current rate, the total stamp duty and registration fees would amount to Rs 75,600, based on the guideline value of Rs 8,40,000.

Which Sub Registrar Office covers Anaipalayam?

The Tiruppur Joint I Sub Registrar Office covers Anaipalayam, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

What is the land classification for Anaipalayam?

Anaipalayam is classified as Residential Class IV Type - I under the guideline value register.