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Guideline Value

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Guideline Value for ANNA NAGAR HOUSING UNIT PHASE II

₹1024/sq.ft.

The guideline value for Anna Nagar Housing Unit Phase Ii in Veerakeralam village (Thondamuthur SRO, Coimbatore zone) is Rs 1024 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 2% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Veerakeralam

Village

Thondamuthur

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1024 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹268 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹400 /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)

5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Perur Taluk, Coimbatore- 641 108
0422-2960402
[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 Housing Unit Phase Ii

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Anna Nagar Housing Unit Phase II guideline value

The current guideline value for Anna Nagar Housing Unit Phase II is Rs 1,024 per sq.ft, effective from 1 July 2024. This area is located in Veerakeralam village, under the Thondamuthur SRO, and is classified as Residential Class III Type - I.

How the guideline value of Anna Nagar Housing Unit Phase II has changed

The guideline value for Anna Nagar Housing Unit Phase II has seen significant changes over the years. In the 2012 revision, the guideline value was Rs 400 per sq.ft. This figure increased to Rs 268 per sq.ft in the 2017 revision, reflecting a decrease of 33%. However, from 2017 to the 2023 revision, the value surged to Rs 1,000 per sq.ft, marking an increase of 273%. The most recent revision in 2024 set the guideline value at Rs 1,024 per sq.ft, a rise of 2% from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 156%.

Guideline values in Veerakeralam

In Veerakeralam, there are 135 streets under the Thondamuthur SRO that have a 2024 guideline value ranging from Rs 1,004 to Rs 3,000 per sq.ft. The median guideline value for these streets is Rs 1,014 per sq.ft, and the guideline value for Anna Nagar Housing Unit Phase II is above this median.

Stamp duty and registration fee for property in Anna Nagar Housing Unit Phase II

For a 1,000 sq.ft plot at the current guideline value of Rs 1,024 per sq.ft, the total guideline value amounts to Rs 10,24,000. The stamp duty is calculated at 7%, resulting in Rs 71,680, and the registration fee at 2% amounts to Rs 20,480. The total cost for these fees together is Rs 92,160. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anna Nagar Housing Unit Phase II?

The Anna Nagar Housing Unit Phase II is covered by the Thondamuthur Sub Registrar Office, located at 5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Perur Taluk, Coimbatore- 641 108, 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 Veerakeralam

The guideline value is a crucial factor in property transactions in Veerakeralam, as it determines the minimum value at which a property can be registered. When buying or selling a property, the guideline value is used to calculate the stamp duty and registration fees, ensuring that both parties comply with the legal requirements.

It is essential for buyers and sellers to be aware of the guideline value, as it can affect the overall cost of the transaction. Proper understanding of these values can aid in making informed decisions during property dealings.

Frequently asked questions

What is the current guideline value for Anna Nagar Housing Unit Phase II?

The current guideline value for Anna Nagar Housing Unit Phase II is Rs 1,024 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, increasing from Rs 400 per sq.ft in 2012 to Rs 1,024 per sq.ft in 2024. This reflects an overall increase of 156% over the period.

What is the registration fee for property in Anna Nagar Housing Unit Phase II?

The registration fee for property in Anna Nagar Housing Unit Phase II is calculated at 2% of the guideline value. For a property valued at Rs 10,24,000, the registration fee would be Rs 20,480.

Which Sub Registrar Office covers this area?

The Thondamuthur Sub Registrar Office covers Anna Nagar Housing Unit Phase II, located at 5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Coimbatore.

How is the stamp duty calculated for property transactions?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. In the case of Anna Nagar Housing Unit Phase II, the stamp duty is 7% of the guideline value.