Guideline Value for ANBU NAGAR

Anbu Nagar guideline value

The current guideline value of Anbu Nagar, located in Anupparpalayam village, is Rs 1,010 per sq.ft, effective from 1 July 2024. This area falls under the Coimbatore North Joint 1 SRO and is classified as Residential Class III Type - II.

How the guideline value of Anbu Nagar has changed

The guideline value of Anbu Nagar has seen significant changes over the years. The 2012 revision set the value at Rs 300 per sq.ft, which then decreased to Rs 201 per sq.ft in 2017. Following this, the value surged to Rs 1,000 per sq.ft in 2023, marking an increase of 398% from 2017. The most recent revision in 2024 has further increased the guideline value to Rs 1,010 per sq.ft, representing a 1% rise from the previous year.

It is important to note that 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 237%.

Guideline values in Anupparpalayam

In Anupparpalayam village, there are 44 streets under the Coimbatore North Joint 1 SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 1,400 per sq.ft, with the median being Rs 1,025 per sq.ft. The guideline value for Anbu Nagar is below this median.

• Alif Avenue: Rs 1,055 per sq.ft (2024)
• Anupparpalayam Thotta Salaigal: Rs 1,010 per sq.ft (2024)
• Arafa Garden: Rs 1,020 per sq.ft (2024)
• Arputham Nagar: Rs 1,015 per sq.ft (2024)
• Bharath Nagar: Rs 1,060 per sq.ft (2024)
• Bismi Nagar: Rs 1,020 per sq.ft (2024)

Stamp duty and registration fee for property in Anbu Nagar

For a 1,000 sq.ft plot at the current rate of Rs 1,010 per sq.ft, the 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, totaling Rs 90,900. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anbu Nagar?

Anbu Nagar falls under the jurisdiction of the Coimbatore North Joint 1 Sub Registrar Office, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001. You can find your SRO for more information.

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

The guideline value is an essential factor when registering property transactions in Anupparpalayam. It serves as a benchmark for determining the minimum value at which a property can be sold or purchased, ensuring that the transaction is recorded accurately.

When you buy or sell property in Anbu Nagar, the guideline value will be used to calculate the applicable stamp duty and registration fees, which are mandatory for the legal transfer of ownership. This ensures that all transactions adhere to the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value of Anbu Nagar?

The current guideline value of Anbu 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 300 per sq.ft in 2012 to Rs 1,010 per sq.ft in 2024, marking an overall increase of 237% over this period.

What is the median guideline value in Anupparpalayam?

The median guideline value for the 44 streets in Anupparpalayam under the Coimbatore North Joint 1 SRO is Rs 1,025 per sq.ft.

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

For a property valued at Rs 10,10,000, the stamp duty would be Rs 70,700, and the registration fee would be Rs 20,200, totaling Rs 90,900.

Where is the Sub Registrar Office for Anbu Nagar located?

The Sub Registrar Office covering Anbu Nagar is located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001.