Guideline Value for ANBU NAGAR

Anbu Nagar guideline value

The current guideline value of Anbu Nagar is Rs 201 per sq.ft, effective from 1 July 2024. This area is located in Kottur village under the Anaimalai Sub Registrar Office (SRO) and is classified as Residential Class I Type - II.

How the guideline value of Anbu Nagar has changed

The guideline value for Anbu Nagar has undergone several revisions over the years. The 2012 revision set the value at Rs 150 per sq.ft, which then decreased to Rs 100 per sq.ft in the 2017 revision. However, from 2017 to 2023, the value saw a significant increase of 100%, reaching Rs 200 per sq.ft. The most recent revision in 2024 has further increased the guideline value to Rs 201 per sq.ft, marking a 1% rise from the previous year.

There are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has increased by 34%.

Guideline values in Kottur

In Kottur, there are 286 streets under the Anaimalai SRO that carry a 2024 guideline value ranging from Rs 201 to Rs 450 per sq.ft, with the median being Rs 201 per sq.ft. Anbu Nagar's 2024 figure aligns with this median.

• Ariyapuram: Rs 201 per sq.ft (2024)
• Abi Gardens: Rs 361 per sq.ft (2024)
• Arunachalam Nagar: Rs 251 per sq.ft (2024)
• Athi Parasakthi Nagar: Rs 360 per sq.ft (2024)
• Bharath Nagar: Rs 251 per sq.ft (2024)
• Cheran Nagar: Rs 360 per sq.ft (2024)

Stamp duty and registration fee for property in Anbu Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 201 per sq.ft, the total guideline value amounts to Rs 2,01,000. The stamp duty at 7% would be Rs 14,070, and the registration fee at 2% would be Rs 4,020, making the total cost for these fees Rs 18,090. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Anbu Nagar?

The Sub Registrar Office that covers Anbu Nagar is the Anaimalai Sub Registrar Office, located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104. You can find your SRO for more details.

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

The guideline value is a crucial factor in property transactions in Kottur. It serves as a benchmark for determining the minimum value at which properties can be registered. Buyers and sellers must consider this value when negotiating sale prices to ensure compliance with registration requirements.

When a property is sold, 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 the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Anbu Nagar?

The current guideline value of Anbu Nagar is Rs 201 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 150 per sq.ft in 2012 to Rs 100 per sq.ft in 2017, then increased to Rs 200 per sq.ft in 2023, and currently stands at Rs 201 per sq.ft in 2024.

What are the other streets in Kottur with their guideline values?

Other streets in Kottur include Ariyapuram at Rs 201 per sq.ft, Abi Gardens at Rs 361 per sq.ft, Arunachalam Nagar at Rs 251 per sq.ft, Athi Parasakthi Nagar at Rs 360 per sq.ft, Bharath Nagar at Rs 251 per sq.ft, and Cheran Nagar at Rs 360 per sq.ft for the year 2024.

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

For a property valued at Rs 2,01,000, the stamp duty would be Rs 14,070, and the registration fee would be Rs 4,020, totaling Rs 18,090.

Which Sub Registrar Office should I contact for Anbu Nagar?

The Anaimalai Sub Registrar Office covers Anbu Nagar, located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104.