Guideline Value for ANANYAS NANANANI PHASE-IV

Ananyas Nananani Phase-IV guideline value

The current guideline value of Ananyas Nananani Phase-IV is Rs 1,650 per sq.ft, effective from 1 July 2024. This property is located in Somayampalayam village under the Vadavalli SRO, classified as Residential Special Type - I.

How the guideline value of Ananyas Nananani Phase-IV has changed

The guideline value for Ananyas Nananani Phase-IV has undergone several revisions over the years. The 2012 revision set the value at Rs 1,500 per sq.ft, which changed to Rs 1,005 per sq.ft in 2017, reflecting a decrease of 33%. However, from 2017 to 2023, the value saw a significant increase of 49%, bringing it to Rs 1,500 per sq.ft. The most recent revision in 2024 has further increased the guideline value to Rs 1,650 per sq.ft, marking a 10% rise from the previous year.

There are no recorded figures for the years 2002, 2003, and 2007 for this street. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%.

Guideline values in Somayampalayam

In Somayampalayam, there are 139 streets under the Vadavalli SRO with a 2024 guideline value ranging from Rs 330 to Rs 2,000 per sq.ft. The median guideline value in this area is Rs 720 per sq.ft, and Ananyas Nananani Phase-IV's value is above this median.

• Ananya's Garden@ Vadavalli: Rs 1,650 per sq.ft (2024)
• Ananya's Garden @ Kalappanaickenpalayam: Rs 1,650 per sq.ft (2024)
• Altrons Gardens: Rs 550 per sq.ft (2024)
• Alpha Garden: Rs 825 per sq.ft (2024)
• Akshra Gardens: Rs 550 per sq.ft (2024)
• Ajantha Nagar: Rs 550 per sq.ft (2024)

Stamp duty and registration fee for property in Ananyas Nananani Phase-IV

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value is Rs 16,50,000. The stamp duty at 7% would be Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, making the total cost for these fees Rs 1,48,500. Note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Ananyas Nananani Phase-IV?

The Sub Registrar Office covering Ananyas Nananani Phase-IV is the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046. You can find your SRO for more information.

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

The guideline value is an essential factor during the registration of property transactions in Somayampalayam. It determines the minimum value at which a property can be registered and affects the stamp duty and registration fees payable.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value as determined by the government. This helps in maintaining transparency and accountability in real estate transactions.

Frequently asked questions

What is the current guideline value of Ananyas Nananani Phase-IV?

The current guideline value of Ananyas Nananani Phase-IV is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,005 per sq.ft in 2017, then to Rs 1,500 per sq.ft in 2023, and finally to Rs 1,650 per sq.ft in 2024.

What is the land classification for Ananyas Nananani Phase-IV?

Ananyas Nananani Phase-IV is classified as Residential Special Type - I, indicating its suitability for residential development.

Where is the Sub Registrar Office for Ananyas Nananani Phase-IV located?

The Sub Registrar Office for Ananyas Nananani Phase-IV is located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.

How is the stamp duty calculated for properties in Ananyas Nananani Phase-IV?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 16,50,000, the stamp duty would be Rs 1,15,500 at 7%.