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Guideline Value

Corporate

Guideline Value for ANNA NAGAR HOUSING UNIT

₹1014/sq.ft.

The guideline value for Anna Nagar Housing Unit in Veerakeralam village (Thondamuthur SRO, Coimbatore zone) is Rs 1014 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 1% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Veerakeralam

Village

Thondamuthur

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹1014 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹500 /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

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Anna Nagar Housing Unit guideline value

The current guideline value of Anna Nagar Housing Unit in Veerakeralam village, under the Thondamuthur SRO, is Rs 1,014 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class II Type - II.

How the guideline value of Anna Nagar Housing Unit has changed

The guideline value for Anna Nagar Housing Unit has seen several revisions over the years. The 2012 revision set the value at Rs 500 per sq.ft, which increased to Rs 335 per sq.ft in the 2017 revision. Following that, the value surged to Rs 1,000 per sq.ft in 2023, reflecting a significant increase of 199% from the 2017 figure. The latest revision in 2024 has further raised the guideline value to Rs 1,014 per sq.ft, marking a 1% increase from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has increased by 103%.

Guideline values in Veerakeralam

In Veerakeralam, there are 135 streets under the Thondamuthur SRO, with guideline values ranging from Rs 1,004 to Rs 3,000 per sq.ft. The median value for these streets is Rs 1,014 per sq.ft, which is equal to the current guideline value of Anna Nagar Housing Unit.

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

For a 1,000 sq.ft plot at the current rate of Rs 1,014 per sq.ft, the guideline value amounts to Rs 10,14,000. The stamp duty at 7% would be Rs 70,980, and the registration fee at 2% would be Rs 20,280, bringing the total to Rs 91,260. It is important to note that 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 Housing Unit?

The Anna Nagar Housing Unit 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. You can find your SRO for further assistance.

How the guideline value is used when you buy or sell in Veerakeralam

The guideline value plays a crucial role during the registration of property transactions in Veerakeralam. 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 duties and registration fees.

When buying or selling property, the guideline value is considered along with the sale price. The duty is charged on the higher of the two values, which means that buyers should be aware of the guideline value to avoid any unexpected costs during the registration process.

Frequently asked questions

What is the current guideline value of Anna Nagar Housing Unit?

The current guideline value of Anna Nagar Housing Unit is Rs 1,014 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2012 to Rs 1,014 per sq.ft in 2024, reflecting an overall increase of 103% over this period.

What is the role of the Thondamuthur SRO?

The Thondamuthur SRO is responsible for the registration of property transactions in the area, including the Anna Nagar Housing Unit. It ensures that all transactions comply with local regulations and that the appropriate stamp duties are collected.

How is stamp duty calculated for properties in Anna Nagar Housing Unit?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 10,14,000, the stamp duty would be Rs 70,980.

Are there other streets in Veerakeralam with different guideline values?

Yes, there are other streets in Veerakeralam with varying guideline values ranging from Rs 1,004 to Rs 3,000 per sq.ft. The median value for these streets is Rs 1,014 per sq.ft.