Guideline Value for ANBU NAGAR.BALAJI NAGAR

Anbu Nagar.Balaji Nagar guideline value

The current guideline value of Anbu Nagar.Balaji Nagar is Rs 1,010 per sq.ft, effective from 1 July 2024. This area is located in Ganapathy village under the Ganapathy SRO, classified as Residential Class I Type - III.

How the guideline value of Anbu Nagar.Balaji Nagar has changed

The guideline value for Anbu Nagar.Balaji Nagar has seen several revisions over the years. The 2007 revision set the value at Rs 250 per sq.ft, which increased significantly to Rs 750 per sq.ft in 2012, marking a rise of 200%. However, from 2012 to 2017, the value decreased to Rs 502 per sq.ft, reflecting a decline of 33%. The value then surged to Rs 1,000 per sq.ft in the 2023 revision, representing a substantial increase of 99% from the previous figure. The latest revision in 2024 has set the guideline value at Rs 1,010 per sq.ft, a 1% increase from 2023.

The register does not provide 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 304%.

Guideline values in Ganapathy

In Ganapathy village, there are 324 streets that carry a 2024 guideline value ranging from Rs 1,007 to Rs 4,595 per sq.ft, with the median value being Rs 1,120 per sq.ft. Anbu Nagar.Balaji Nagar's 2024 figure of Rs 1,010 per sq.ft is below this median.

• Anc Avenue: Rs 3,920 per sq.ft (2024)
• Anbu Nagar: Rs 1,010 per sq.ft (2024)
• Annai Abirami Nagar: Rs 1,007 per sq.ft (2024)
• Annai Thangammal Nagar: Rs 1,010 per sq.ft (2024)
• Amman Nagar: Rs 1,010 per sq.ft (2024)
• Annai Velankanninagar And Extension: Rs 1,010 per sq.ft (2024)

Stamp duty and registration fee for property in Anbu Nagar.Balaji Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,010 per sq.ft, the total guideline value would be Rs 10,10,000. The stamp duty at 7% would amount to Rs 70,700, and the registration fee at 2% would be Rs 20,200, bringing the total cost for these fees to Rs 90,900. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more information, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anbu Nagar.Balaji Nagar?

The Ganapathy Sub Registrar Office covers Anbu Nagar.Balaji Nagar. The office is located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore. 641006. You can find your SRO for more details.

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

The guideline value serves as a benchmark for property transactions in Ganapathy. It is used to calculate the stamp duty and registration fees that buyers must pay when purchasing property.

During the registration process, the guideline value is considered to ensure that the property is valued correctly. This helps maintain transparency and compliance with local regulations.

Frequently asked questions

What is the current guideline value of Anbu Nagar.Balaji Nagar?

The current guideline value of Anbu Nagar.Balaji Nagar is Rs 1,010 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 2007 to Rs 1,010 per sq.ft in 2024, with various revisions in between, including a significant increase of 304% overall.

What is the median guideline value in Ganapathy?

The median guideline value in Ganapathy is Rs 1,120 per sq.ft, with Anbu Nagar.Balaji Nagar's value being below this median at Rs 1,010 per sq.ft.

What are the stamp duty and registration fees for property in Anbu Nagar.Balaji Nagar?

For a 1,000 sq.ft plot, the total stamp duty is Rs 70,700 and the registration fee is Rs 20,200, totaling Rs 90,900 based on the guideline value of Rs 10,10,000.

Which office handles registrations for Anbu Nagar.Balaji Nagar?

The Ganapathy Sub Registrar Office is responsible for registrations in Anbu Nagar.Balaji Nagar, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore. 641006.