Guideline Value for ANNA NAGAR BALARANGANATHAPURAM NERHUR STREET

Anna Nagar Balaranganathapuram Nerhur Street guideline value

The current guideline value of Anna Nagar Balaranganathapuram Nerhur Street is Rs 1,002 per sq.ft, effective from 1 July 2024. This street is located in Villankuruchicorpration village under the Ganapathy SRO, with a land classification of Residential Class I Type - III.

How the guideline value of Anna Nagar Balaranganathapuram Nerhur Street has changed

The guideline value for Anna Nagar Balaranganathapuram Nerhur Street has seen several revisions over the years. The 2012 revision set the value at Rs 750 per sq.ft, which then decreased to Rs 502 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 1,000 per sq.ft in 2023, and it has now reached Rs 1,002 per sq.ft in the 2024 revision. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

From 2012 to 2017, the guideline value decreased by 33%. However, there was a substantial increase of 99% from 2017 to 2023. The overall change from 2012 to 2024 reflects an increase of 34% in the guideline value.

Guideline values in Villankuruchicorpration

In Villankuruchicorpration, there are 168 streets under the Ganapathy SRO that carry a 2024 guideline value, ranging from Rs 1,002 to Rs 5,600 per sq.ft. The median guideline value for these streets is Rs 1,003 per sq.ft, indicating that Anna Nagar Balaranganathapuram Nerhur Street's 2024 figure is slightly below this median.

• Annanagar: Rs 1,120 per sq.ft (2024)
• Anna Nagar Society Layout: Rs 1,002 per sq.ft (2024)
• Argus Nagar,Valluvar Nagar,1,2,3 Th Cross: Rs 2,800 per sq.ft (2024)
• Arima Crown Meadows: Rs 2,675 per sq.ft (2024)
• Arima Wake Field: Rs 5,600 per sq.ft (2024)
• A.S Nagar: Rs 1,004 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Nagar Balaranganathapuram Nerhur Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,002 per sq.ft, the total guideline value would be Rs 10,02,000. The stamp duty at 7% would amount to Rs 70,140, and the registration fee at 2% would be Rs 20,040, making the total cost for these fees Rs 90,180. Please note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anna Nagar Balaranganathapuram Nerhur Street?

The Sub Registrar Office that covers Anna Nagar Balaranganathapuram Nerhur Street 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 Villankuruchicorpration

The guideline value is an essential factor when registering property in Villankuruchicorpration. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duty and registration fees.

When buying or selling a property, the guideline value must be considered, as it may impact the overall transaction costs. Buyers should be aware that the stamp duty and registration fees are calculated based on the higher of the guideline value or the agreed sale price.

Frequently asked questions

What is the current guideline value of Anna Nagar Balaranganathapuram Nerhur Street?

The current guideline value of Anna Nagar Balaranganathapuram Nerhur Street is Rs 1,002 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 increased to Rs 1,000 per sq.ft in 2023 and is now Rs 1,002 per sq.ft in 2024.

What are the stamp duty and registration fees for property in this area?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 70,140, and the registration fee would be Rs 20,040, making a combined total of Rs 90,180.

Which Sub Registrar Office should I approach for registration?

The Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006, covers Anna Nagar Balaranganathapuram Nerhur Street.

What is the land classification for Anna Nagar Balaranganathapuram Nerhur Street?

The land classification for Anna Nagar Balaranganathapuram Nerhur Street is Residential Class I Type - III.