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Guideline Value for ANNA NAGAR (WARD NO15)

₹220/sq.ft.

The guideline value for Anna Nagar (ward No15) in Veerapandi village (Periyanayakkan Palayam SRO, Coimbatore zone) is Rs 220 per sq.ft, effective 1 July 2024. It was Rs 200 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - V. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Veerapandi

Village

Periyanayakkan Palayam

SRO

Residential Class III Type - V
History
Period Guideline Value
From 1-7-2024 ₹220 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹121 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹180 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.171,kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020
0422-2469010
[email protected]

DRO (District Registrar Office)

District Registara Office, Syriyan Church Road, Corporation Marriage Hall, Coimbatore -641001
0422-2300722
[email protected],[email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Anna Nagar (ward No15)

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Anna Nagar (Ward No15) guideline value

The current guideline value for Anna Nagar (Ward No15) is Rs 220 per sq.ft, effective from 1 July 2024. This area is located in Veerapandi village and falls under the Periyanayakkan Palayam SRO, with a land classification of Residential Class III Type - V.

How the guideline value of Anna Nagar (Ward No15) has changed

Over the years, the guideline value for Anna Nagar (Ward No15) has seen several revisions. The 2012 revision set the value at Rs 180 per sq.ft, which then changed to Rs 121 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 200 per sq.ft in 2023. The most recent revision in 2024 has further raised the guideline value to Rs 220 per sq.ft, marking a 10% increase from the previous year.

From 2012 to 2017, there was a decrease of 33% in the guideline value. However, from 2017 to 2023, the value surged by 65%. Overall, from 2012 to 2024, the guideline value has increased by 22%. 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 village, there are 201 streets under the Periyanayakkan Palayam SRO, with a 2024 guideline value range from Rs 220 to Rs 1,050 per sq.ft. The median value for these streets is Rs 330 per sq.ft, placing Anna Nagar (Ward No15) below this median.

Stamp duty and registration fee for property in Anna Nagar (Ward No15)

For a 1,000 sq.ft plot at the current guideline value of Rs 220 per sq.ft, the total guideline value amounts to Rs 2,20,000. The stamp duty at 7% would be Rs 15,400, while the registration fee at 2% would be Rs 4,400, bringing the total fees together to Rs 19,800. Please 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 Anna Nagar (Ward No15)?

The Sub Registrar Office that covers Anna Nagar (Ward No15) is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, 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 crucial factor in property transactions in Veerapandi. It serves as a benchmark for property registration and is used to calculate stamp duty and registration fees during the buying or selling process. Buyers and sellers must consider the guideline value to ensure compliance with legal requirements.

When a property is sold, the guideline value is compared to the sale price. The higher of the two values is used to determine the applicable stamp duty and registration fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Anna Nagar (Ward No15)?

The current guideline value for Anna Nagar (Ward No15) is Rs 220 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 180 per sq.ft in 2012 to Rs 121 per sq.ft in 2017, then to Rs 200 per sq.ft in 2023, and finally to Rs 220 per sq.ft in 2024.

What is the land classification for Anna Nagar (Ward No15)?

Anna Nagar (Ward No15) is classified as Residential Class III Type - V.

Where can I find the Sub Registrar Office for Anna Nagar (Ward No15)?

The Sub Registrar Office for Anna Nagar (Ward No15) is located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

How is the stamp duty calculated for properties in Anna Nagar (Ward No15)?

Stamp duty is calculated based on the higher of the guideline value or the sale price. It is typically set at 7%, along with a registration fee of 2% on the guideline value.