Guideline Value for ANINASHI NAGAR EXTENSION

Aninashi Nagar Extension guideline value

The current guideline value of Aninashi Nagar Extension in Thottipalayam village, under the Thottipalayam SRO, is Rs 703 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class III Type - I.

How the guideline value of Aninashi Nagar Extension has changed

The guideline value for Aninashi Nagar Extension has seen several revisions over the years. The 2012 revision set the value at Rs 605 per sq.ft, which then decreased to Rs 405 per sq.ft in 2017. Following this, the value increased to Rs 700 per sq.ft in 2023, and it has now reached Rs 703 per sq.ft in the 2024 revision. Notably, there are no figures available for the revisions in 2002, 2003, and 2007 for this street.

From 2017 to 2023, the guideline value increased by 73%. However, from 2012 to 2017, there was a significant decrease of 33%. Overall, comparing the values from 2012 to 2024, there has been a modest increase of 16%.

Guideline values in Thottipalayam

In Thottipalayam, there are 99 streets under the Thottipalayam SRO with a 2024 guideline value ranging from Rs 700 to Rs 2,800 per sq.ft. The median value for these streets is Rs 806 per sq.ft, placing Aninashi Nagar Extension's guideline value below this median.

• Angeripalayam East (Near By Nallaru South): Rs 702 per sq.ft (2024)
• Angeripalayam East: Rs 702 per sq.ft (2024)
• Amutha Nagar: Rs 806 per sq.ft (2024)
• A.S.A Avenue: Rs 703 per sq.ft (2024)
• Avinashinagar: Rs 703 per sq.ft (2024)
• Ayyappa Nagar: Rs 1,110 per sq.ft (2024)

Stamp duty and registration fee for property in Aninashi Nagar Extension

For a 1,000 sq.ft plot at the current guideline value of Rs 703 per sq.ft, the total guideline value would be Rs 7,03,000. The stamp duty at 7% would amount to Rs 49,210, and the registration fee at 2% would be Rs 14,060, leading to a total of Rs 63,270. It is important to note that the 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 details.

Which Sub Registrar Office covers Aninashi Nagar Extension?

Aninashi Nagar Extension falls under the jurisdiction of the Thottipalayam Sub Registrar Office, located at 1/529, Nerupperichchal Village Pooluvapatti Postal Tirupur -641602, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Thottipalayam. It serves as a benchmark for determining the applicable stamp duty and registration fees, ensuring that these costs are calculated based on the official value set by the authorities.

When buying or selling property, the guideline value helps both parties understand the minimum value at which the property should be registered. This ensures transparency and compliance with local regulations during the transaction process.

Frequently asked questions

What is the current guideline value of Aninashi Nagar Extension?

The current guideline value of Aninashi Nagar Extension is Rs 703 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 605 per sq.ft in 2012 to Rs 405 per sq.ft in 2017, then to Rs 700 per sq.ft in 2023, and finally to Rs 703 per sq.ft in 2024.

What is the land classification of Aninashi Nagar Extension?

Aninashi Nagar Extension is classified as Residential Class III Type - I.

Where can I find the Thottipalayam Sub Registrar Office?

The Thottipalayam Sub Registrar Office is located at 1/529, Nerupperichchal Village Pooluvapatti Postal Tirupur -641602, Coimbatore registration zone.

How is the stamp duty calculated for property transactions?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, at the current guideline value, the stamp duty for a 1,000 sq.ft plot is Rs 49,210.