Guideline Value for ANBU NAGAR

Anbu Nagar guideline value

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

How the guideline value of Anbu Nagar has changed

The guideline value for Anbu Nagar has seen several revisions over the years. In 2007, the value was Rs 250 per sq.ft, which increased to Rs 750 per sq.ft in 2012. However, there was a significant drop to Rs 502 per sq.ft in 2017. The value then rose sharply to Rs 1,000 per sq.ft in 2023, marking a 99% increase from the 2017 revision. The latest revision in 2024 sees a further increase to Rs 1,010 per sq.ft, reflecting a 1% rise from the previous year.

There are no figures available for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 304%.

Guideline values in Ganapathy

In Ganapathy village, there are 324 streets under the Ganapathy SRO that carry a 2024 guideline value, ranging from Rs 1,007 to Rs 4,595 per sq.ft. The median guideline value in this area is Rs 1,120 per sq.ft, placing Anbu Nagar's 2024 figure below that median.

• Anbu Nagar.Balaji Nagar: Rs 1,010 per sq.ft (2024)
• Anc Avenue: Rs 3,920 per sq.ft (2024)
• Annai Abirami Nagar: Rs 1,007 per sq.ft (2024)
• Amman Nagar: Rs 1,010 per sq.ft (2024)
• Annai Thangammal Nagar: Rs 1,010 per sq.ft (2024)
• Ammankovil Thottam, Rajagopalapuram: Rs 1,400 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 1,010 per sq.ft, the total guideline value amounts to Rs 10,10,000. The stamp duty at 7% would be Rs 70,700, and the registration fee at 2% would be Rs 20,200, bringing the total to Rs 90,900. It is important to note that the 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?

The Sub Registrar Office that covers Anbu Nagar is the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore - 641006. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Ganapathy. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the property transfer process.

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 250 per sq.ft in 2007 to Rs 1,010 per sq.ft in 2024, marking an overall increase of 304% over the years.

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

Other streets in Ganapathy with similar guideline values include Anbu Nagar.Balaji Nagar and Amman Nagar, both at Rs 1,010 per sq.ft in 2024.

What is the registration fee for property in Anbu Nagar?

The registration fee is calculated based on the guideline value or sale price, whichever is higher. For a property valued at Rs 10,10,000, the registration fee would be Rs 20,200.

Where can I find the Sub Registrar Office for Anbu Nagar?

The Ganapathy Sub Registrar Office, which covers Anbu Nagar, is located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore - 641006.