Guideline Value for ANJALI GARDEN

Anjali Garden guideline value

The current guideline value of Anjali Garden, located in Veerapandi village under the Periyanayakkan Palayam SRO, is Rs 390 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class I Type - I.

How the guideline value of Anjali Garden has changed

The guideline value for Anjali Garden has seen several revisions over the years. In 2012, the value was set at Rs 350 per sq.ft. This figure remained until the 2017 revision, where it decreased to Rs 234 per sq.ft, marking a decline of 33%. The value then increased significantly to Rs 350 per sq.ft in 2023, followed by a further increase to Rs 390 per sq.ft in the 2024 revision, which is an increase of 11% from the previous year.

Looking at the changes between the revisions, from 2017 to 2023, the guideline value rose by 50%. Overall, from 2012 to 2024, there has been an increase of 11%. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Veerapandi

In Veerapandi, there are 201 streets under the Periyanayakkan Palayam SRO that carry a 2024 guideline value ranging from Rs 220 to Rs 1,050 per sq.ft. The median value for these streets is Rs 330 per sq.ft, placing Anjali Garden's 2024 figure above this median.

• Anjal Avenue: Rs 390 per sq.ft (2024)
• Aniiv Avenue: Rs 330 per sq.ft (2024)
• Anna Nagar Arijana Colony: Rs 220 per sq.ft (2024)
• A.M.S.Garden: Rs 390 per sq.ft (2024)
• Anna Nagar Thootapakuthi: Rs 220 per sq.ft (2024)
• Anna Nagar (Ward No15): Rs 220 per sq.ft (2024)

Stamp duty and registration fee for property in Anjali Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 390 per sq.ft, the total guideline value amounts to Rs 3,90,000. The stamp duty at 7% would be Rs 27,300, and the registration fee at 2% would be Rs 7,800, bringing the total fees to Rs 35,100. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anjali Garden?

Anjali Garden falls under the jurisdiction of the Periyanayakkan Palayam Sub Registrar Office, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Veerapandi. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of a property.

When you buy or sell a property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in real estate dealings. It is essential to be aware of the current guideline value to understand the financial implications of property transactions in the area.

Frequently asked questions

What is the current guideline value of Anjali Garden?

The current guideline value of Anjali Garden is Rs 390 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 350 per sq.ft in 2012 to Rs 234 per sq.ft in 2017, then increased to Rs 350 per sq.ft in 2023, and finally to Rs 390 per sq.ft in 2024.

What are the stamp duty and registration fees for property in Anjali Garden?

For a property valued at Rs 3,90,000, the stamp duty is Rs 27,300, and the registration fee is Rs 7,800, totaling Rs 35,100.

Which Sub Registrar Office covers Anjali Garden?

The Periyanayakkan Palayam Sub Registrar Office covers Anjali Garden, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

What is the land classification of Anjali Garden?

Anjali Garden is classified as Residential Class I Type - I, indicating its suitability for residential development.