Guideline Value for ANBALAGAN STREET

Anbalagan Street guideline value

The current guideline value of Anbalagan Street in Suleswaranpatty village is Rs 200 per sq.ft, effective from the 2024 revision. This street falls under the Pollachi Sub Registrar Office (SRO) and is classified as Residential Class I Type - I.

How the guideline value of Anbalagan Street has changed

The guideline value for Anbalagan Street has undergone several revisions over the years. In the 2007 revision, the value was set at Rs 110 per sq.ft. This increased to Rs 150 per sq.ft in 2012, marking a 36% rise. However, in the 2017 revision, the value saw a significant jump to Rs 100 per sq.ft, reflecting a 100% increase. The 2023 revision kept the value steady at Rs 200 per sq.ft, and the same value was maintained in the 2024 revision, resulting in no change between these two years. It is important to note that the register has no figures for the years 2002 and 2003 for this street.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 82%. The 2024 value of Rs 200 per sq.ft is consistent with the median value of Rs 200 per sq.ft for the 79 streets in Suleswaranpatty under the Pollachi SRO.

Guideline values in Suleswaranpatty

In Suleswaranpatty, the guideline values range from Rs 200 to Rs 490 per sq.ft as of 2024. Anbalagan Street's guideline value aligns with the median of Rs 200 per sq.ft. Below is a list of other streets in Suleswaranpatty with their respective guideline values:

• Annai Indra Street: Rs 200 per sq.ft (2024)
• Amman Kovil Street: Rs 200 per sq.ft (2024)
• Ambedkar Street: Rs 200 per sq.ft (2024)
• Anna Street: Rs 200 per sq.ft (2024)
• Alagapuri Street: Rs 200 per sq.ft (2024)
• Alagappan Street: Rs 301 per sq.ft (2024)

Stamp duty and registration fee for property in Anbalagan Street

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, while the registration fee at 2% would be Rs 4,000, making a total of Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anbalagan Street?

Anbalagan Street is covered by the Pollachi Sub Registrar Office, located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of properties in Suleswaranpatty. When a property is bought or sold, the guideline value is used to determine the stamp duty and registration fees payable at the time of registration.

It is essential for buyers and sellers to be aware of the current guideline value as it directly impacts the financial aspects of property transactions. Accurate knowledge of the guideline value ensures compliance with the local regulations and helps in understanding the costs involved in property dealings.

Frequently asked questions

What is the current guideline value of Anbalagan Street?

The current guideline value of Anbalagan Street is Rs 200 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 110 per sq.ft in 2007 to Rs 200 per sq.ft in 2024, an overall increase of 82%. The value remained at Rs 200 per sq.ft from 2023 to 2024.

What are the other streets in Suleswaranpatty with similar guideline values?

Other streets in Suleswaranpatty, such as Annai Indra Street, Amman Kovil Street, and Ambedkar Street, also have a guideline value of Rs 200 per sq.ft as of 2024.

How is stamp duty calculated on properties in Anbalagan Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For instance, a 1,000 sq.ft plot at Rs 200 per sq.ft incurs a total stamp duty of Rs 14,000.

Where can I find the Sub Registrar Office for Anbalagan Street?

The Sub Registrar Office for Anbalagan Street is located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001. You can find more details by visiting the relevant link.