Guideline Value for ANBU NAGAR

Anbu Nagar guideline value

The current guideline value of Anbu Nagar is Rs 200 per sq.ft, effective from 1 July 2024. This area is located in Kunnathur village, under the Kunnathur SRO, and falls under the Residential Class II Type - I land classification.

How the guideline value of Anbu Nagar has changed

Over the years, the guideline value of Anbu Nagar has seen several revisions. The earliest recorded figure is from 2007, when it was Rs 81 per sq.ft. This increased to Rs 200 per sq.ft in 2012, marking a significant rise of 147%. However, between 2012 and 2017, there was a decline of 33%, bringing the value down to Rs 134 per sq.ft. The value then increased by 49% to Rs 200 per sq.ft in 2023, and it remains the same in the 2024 revision.

It is important to note that there are no recorded figures for the years 2002 and 2003 for this street. The current guideline value reflects no change from 2023 to 2024, remaining at Rs 200 per sq.ft.

Guideline values in Kunnathur

Kunnathur village has a range of guideline values across its 17 streets under the Kunnathur SRO, with figures varying from Rs 200 to Rs 711 per sq.ft. The median value for these streets is Rs 496 per sq.ft, indicating that Anbu Nagar's 2024 figure is below this median.

• Ananda Puram: Rs 200 per sq.ft (2024)
• Agragara Veethi: Rs 711 per sq.ft (2024)
• Bus Stand To Erikarai Starting: Rs 496 per sq.ft (2024)
• Bus Stand To Pumping Station: Rs 496 per sq.ft (2024)
• Chithaandipalaya M: Rs 200 per sq.ft (2024)
• Eswaran Kovil Street: Rs 711 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 200 per sq.ft, the total guideline value would be Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total fees to Rs 18,000. It is important to note that 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 precise calculations.

Which Sub Registrar Office covers Anbu Nagar?

Anbu Nagar is covered by the Kunnathur Sub Registrar Office, located at No.348, Uthukuli Road, Kunnathur - 638103, Coimbatore registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in property transactions in Kunnathur, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices, as the registration office will base fees on the guideline value or the sale price, whichever is higher.

Additionally, the guideline value is updated periodically, reflecting changes in market conditions and local regulations. It is essential for both buyers and sellers to stay informed about these updates to ensure compliance with registration requirements.

Frequently asked questions

What is the current guideline value of Anbu Nagar?

The current guideline value of Anbu Nagar is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, starting from Rs 81 per sq.ft in 2007 to Rs 200 per sq.ft in 2012, then dropping to Rs 134 per sq.ft in 2017, and finally returning to Rs 200 per sq.ft in 2023 and 2024.

What is the median guideline value in Kunnathur?

The median guideline value for the streets in Kunnathur is Rs 496 per sq.ft, with Anbu Nagar's current value being below this median.

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

For a property valued at Rs 2,00,000, the stamp duty would be Rs 14,000, and the registration fee would be Rs 4,000, totaling Rs 18,000. These fees are based on the guideline value or the sale price, whichever is higher.

Where is the Kunnathur Sub Registrar Office located?

The Kunnathur Sub Registrar Office is located at No.348, Uthukuli Road, Kunnathur - 638103, Coimbatore registration zone.