Guideline Value for ANNA NAGAR (JAWAHAR NAGAR)

Anna Nagar (Jawahar Nagar) guideline value

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

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

The guideline value for Anna Nagar (Jawahar Nagar) has seen several revisions over the years. In 2012, the guideline value was Rs 750 per sq.ft, which then decreased to Rs 502 per sq.ft in 2017. Following this, there was a significant increase to Rs 1,000 per sq.ft in 2023, and it further rose to Rs 1,010 per sq.ft in 2024. The register has no figures for the years 2002, 2003, and 2007.

Between the revisions, the changes were notable. From 2012 to 2017, there was a decrease of 33%, while from 2017 to 2023, the value increased by 99%. The overall change from 2012 to 2024 reflects a 35% increase in the guideline value.

Guideline values in Ganapathy

In Ganapathy village, there are 324 streets under the Ganapathy SRO that have a guideline value for 2024, ranging from Rs 1,007 to Rs 4,595 per sq.ft, with a median value of Rs 1,120 per sq.ft. The guideline value for Anna Nagar (Jawahar Nagar) is below this median.

• Anna Nagar Eastside 1,2,3,4 Street: Rs 1,010 per sq.ft (2024)
• Annai Velankanninagar And Extension: Rs 1,010 per sq.ft (2024)
• Annai Thangammal Nagar: Rs 1,010 per sq.ft (2024)
• Apartment: Rs 3,470 per sq.ft (2024)
• Appaainaidu Layout: Rs 1,400 per sq.ft (2024)
• Appaainaidu Layout.Sivasakthi Colony: Rs 1,400 per sq.ft (2024)

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

For a 1,000 sq.ft plot at the current guideline value of Rs 1,010 per sq.ft, the total guideline value would be 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, totaling Rs 90,900. 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 Anna Nagar (Jawahar Nagar)?

The Sub Registrar Office that covers Anna Nagar (Jawahar 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 plays a crucial role in the registration process of property transactions in Ganapathy. It is used to determine the stamp duty and registration fees that are payable when a property is bought or sold.

When registering a property, the guideline value is considered to ensure that the transaction is recorded accurately. Buyers and sellers must be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

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

The current guideline value of Anna Nagar (Jawahar 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 750 per sq.ft in 2012 to Rs 502 per sq.ft in 2017, then to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,010 per sq.ft in 2024.

What is the land classification of Anna Nagar (Jawahar Nagar)?

Anna Nagar (Jawahar Nagar) is classified as Residential Class I Type - III.

Where can I find the Ganapathy Sub Registrar Office?

The Ganapathy Sub Registrar Office is located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006.

How is the stamp duty calculated for properties in Anna Nagar (Jawahar Nagar)?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current rate has a guideline value of Rs 10,10,000, leading to a stamp duty of Rs 70,700.