Guideline Value for ANANTHAPANDARAM STREET

Ananthapandaram Street guideline value

The current guideline value of Ananthapandaram Street is Rs 280 per sq.ft, effective from 1 July 2024. This street is located in Chettipalayam village, under the Kinathukkadavu SRO, and is classified as Residential Class I Type - I.

How the guideline value of Ananthapandaram Street has changed

The guideline value for Ananthapandaram Street has seen several revisions over the years. The 2012 revision set the value at Rs 250 per sq.ft, which then changed to Rs 167 per sq.ft in the 2017 revision, marking a decrease of 33%. Following this, the 2023 revision increased the value to Rs 250 per sq.ft, and the latest 2024 revision raised it further to Rs 280 per sq.ft, reflecting a 12% increase from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 12%. It is important to note that there are no figures available for Ananthapandaram Street in the revisions for the years 2002, 2003, and 2007.

Guideline values in Chettipalayam

In Chettipalayam village, there are 158 streets under the Kinathukkadavu SRO with a 2024 guideline value ranging from Rs 225 to Rs 680 per sq.ft. The median guideline value is Rs 280 per sq.ft, which is equal to the guideline value of Ananthapandaram Street.

• Anbu Nagar: Rs 280 per sq.ft (2024)
• Angalamman Koil Street: Rs 280 per sq.ft (2024)
• Annai Indira Nagar: Rs 280 per sq.ft (2024)
• Amma Nagar: Rs 280 per sq.ft (2024)
• Annai Nagar: Rs 280 per sq.ft (2024)
• Annan Nagar: Rs 225 per sq.ft (2024)

Stamp duty and registration fee for property in Ananthapandaram Street

For a 1,000 sq.ft plot at the current guideline value of Rs 280 per sq.ft, the total guideline value amounts to Rs 2,80,000. The stamp duty at 7% would be Rs 19,600, and the registration fee at 2% would be Rs 5,600, bringing the total fees together to Rs 25,200. It is important to 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 Ananthapandaram Street?

Ananthapandaram Street falls under the jurisdiction of the Kinathukkadavu Sub Registrar Office, located at 151 Coimbatore To Pollachi Main Road, Kinathukadavu- 642109, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial reference during property registration in Chettipalayam. It helps determine the stamp duty and registration fees that buyers must pay when purchasing property in the area.

When selling a property, the guideline value serves as a benchmark for assessing the value of the property being sold. This ensures that the transaction is registered at a value that reflects the prevailing rates in the area.

Frequently asked questions

What is the current guideline value of Ananthapandaram Street?

The current guideline value of Ananthapandaram Street is Rs 280 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 250 per sq.ft in 2012 to Rs 167 per sq.ft in 2017, then to Rs 250 per sq.ft in 2023, and finally to Rs 280 per sq.ft in 2024.

What is the land classification for Ananthapandaram Street?

Ananthapandaram Street is classified as Residential Class I Type - I.

Where can I find the Kinathukkadavu Sub Registrar Office?

The Kinathukkadavu Sub Registrar Office is located at 151 Coimbatore To Pollachi Main Road, Kinathukadavu- 642109, Coimbatore registration zone.

How is the stamp duty calculated for property in Ananthapandaram Street?

The stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at Rs 280 per sq.ft, the total guideline value would be Rs 2,80,000, leading to a stamp duty of Rs 19,600.