Guideline Value for ANANDA PURAM

Ananda Puram guideline value

The current guideline value of Ananda Puram, located in Kunnathur village under the Kunnathur SRO, is Rs 200 per sq.ft, effective from 1 July 2024. This area falls under the Residential Class II Type - I land classification.

How the guideline value of Ananda Puram has changed

Over the years, the guideline value for Ananda Puram has seen several revisions. The 2007 revision set the value at Rs 81 per sq.ft, which increased significantly to Rs 200 per sq.ft in both the 2012 and 2023 revisions. The 2017 revision recorded a value of Rs 134 per sq.ft, marking a 49% increase from the previous figure. However, from 2012 to 2017, there was a decrease of 33% in the value.

As of the 2024 revision, the guideline value remains at Rs 200 per sq.ft, showing no change from the 2023 revision. Overall, from 2007 to 2024, the guideline value has increased by 147%.

Guideline values in Kunnathur

In Kunnathur, there are 17 streets under the Kunnathur SRO that have a 2024 guideline value ranging from Rs 200 to Rs 711 per sq.ft, with a median value of Rs 496 per sq.ft. Ananda Puram's guideline value is below this median.

• Anbu Nagar: Rs 200 per sq.ft (2024)
• Agragara Veethi: Rs 711 per sq.ft (2024)
• Bus Stand To Erikarai Starting: Rs 496 per sq.ft (2024)
• Bus Stand To Pumping Station: Rs 496 per sq.ft (2024)
• Chithaandipalaya M: Rs 200 per sq.ft (2024)
• Eswaran Kovil Street: Rs 711 per sq.ft (2024)

Stamp duty and registration fee for property in Ananda Puram

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total 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, making the total fees Rs 18,000. Please note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Ananda Puram?

Ananda Puram is covered by the Kunnathur Sub Registrar Office, located at No.348, Uthukuli Road, Kunnathur - 638103, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Kunnathur. It determines the minimum value at which a property can be registered, ensuring that the transaction is transparent and fair. Buyers and sellers must consider this value when negotiating the sale price of a property.

During the registration process, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Ananda Puram?

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

How has the guideline value changed over the years?

The guideline value has changed multiple times, with the most recent increase being from Rs 200 per sq.ft in 2023 to Rs 200 per sq.ft in 2024. The value was Rs 134 per sq.ft in 2017, up from Rs 81 per sq.ft in 2007.

What is the registration fee for property in Ananda Puram?

The registration fee is calculated based on the guideline value. For a property valued at Rs 2,00,000, the registration fee would be Rs 4,000 at a rate of 2%.

Where can I find the Sub Registrar Office for Ananda Puram?

The Kunnathur Sub Registrar Office covers Ananda Puram and is located at No.348, Uthukuli Road, Kunnathur - 638103, Coimbatore registration zone.

How is the stamp duty calculated for properties in Kunnathur?

Stamp duty is charged at a rate of 7% on the guideline value or sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.