Guideline Value for ANNA NAGAR (133)

Anna Nagar (133) guideline value

The current guideline value for Anna Nagar (133) is Rs 700 per sq.ft, effective from 1 July 2024. This property is located in Veerapandi village, under the Nallur_Tiruppur SRO, and is classified as Residential Class V Type - III.

How the guideline value of Anna Nagar (133) has changed

The guideline value for Anna Nagar (133) has seen significant changes over the years. In 2012, the guideline value was Rs 100 per sq.ft, which then decreased to Rs 67 per sq.ft in 2017. Following this, there was a substantial increase, with the value rising to Rs 700 per sq.ft in both the 2023 and 2024 revisions, marking an increase of 945% from 2017 to 2023. It is important to note that the register has no figure for this street for the years 2002, 2003, and 2007.

From 2012 to 2024, the overall increase in guideline value is 600%. The guideline value remained steady at Rs 700 per sq.ft from 2023 to 2024, indicating no change in this recent revision.

Guideline values in Veerapandi

In Veerapandi village, there are 214 streets under the Nallur_Tiruppur SRO that carry a guideline value for 2024, ranging from Rs 700 to Rs 2,750 per sq.ft. The median guideline value for these streets is Rs 709 per sq.ft, making the 2024 figure for Anna Nagar (133) below that median.

• Annamalaiyar Nagar: Rs 709 per sq.ft (2024)
• Angalamman Nagar: Rs 713 per sq.ft (2024)
• Arigar Anna Nagar: Rs 705 per sq.ft (2024)
• Aruljothi Nagar: Rs 713 per sq.ft (2024)
• Ammannagar Extn: Rs 709 per sq.ft (2024)
• Amman Nagar ¢(5/2,6/3,7/1,6): Rs 709 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Nagar (133)

For a 1,000 sq.ft plot at the current guideline value of Rs 700 per sq.ft, the total guideline value amounts to Rs 7,00,000. The stamp duty at 7% would be Rs 49,000, and the registration fee at 2% would be Rs 14,000, bringing the total fees to Rs 63,000. It is important to note that duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anna Nagar (133)?

The Sub Registrar Office that covers Anna Nagar (133) is the Nallur_Tiruppur Sub Registrar Office, located near Hotel Riverview, Nagapattinam 611002, in the Coimbatore registration zone. 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 critical factor when buying or selling property in Veerapandi. It determines the minimum price at which a property can be registered, ensuring that the transaction is recorded at a value that reflects the current market conditions.

When you register a property, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Anna Nagar (133)?

The current guideline value of Anna Nagar (133) is Rs 700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value experienced significant changes, from Rs 100 per sq.ft in 2012 to Rs 67 per sq.ft in 2017, and then to Rs 700 per sq.ft in 2023 and 2024.

What is the median guideline value for streets in Veerapandi?

The median guideline value for the 214 streets in Veerapandi under the Nallur_Tiruppur SRO is Rs 709 per sq.ft.

What are the stamp duty rates for property in Anna Nagar (133)?

The stamp duty rate for property in Anna Nagar (133) is 7%, and the registration fee is 2% of the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office for Anna Nagar (133) located?

The Sub Registrar Office for Anna Nagar (133) is located near Hotel Riverview, Nagapattinam 611002, in the Coimbatore registration zone.