Guideline Value for ANNA NAGAR SOCIETY LAYOUT

Anna Nagar Society Layout guideline value

The current guideline value of Anna Nagar Society Layout is Rs 1,002 per sq.ft, effective from 1 July 2024. This layout is located in Villankuruchicorpration village under the Ganapathy SRO, classified as Residential Class I Type - III.

How the guideline value of Anna Nagar Society Layout has changed

The guideline value for Anna Nagar Society Layout has seen several revisions over the years. The earliest recorded revision is from 2007, where the value was Rs 125 per sq.ft. This increased significantly to Rs 750 per sq.ft in 2012, but then dropped to Rs 502 per sq.ft in 2017. The value rose sharply to Rs 1,000 per sq.ft in 2023 and has now reached Rs 1,002 per sq.ft in the 2024 revision.

In terms of percentage changes, the value increased by 500% from 2007 to 2012, decreased by 33% from 2012 to 2017, and then saw a remarkable increase of 99% from 2017 to 2023. From 2023 to 2024, there was no change in the guideline value. Overall, from 2007 to 2024, the guideline value has increased by 702%.

Guideline values in Villankuruchicorpration

In Villankuruchicorpration, there are 168 streets that carry a 2024 guideline value ranging from Rs 1,002 to Rs 5,600 per sq.ft, with a median value of Rs 1,003 per sq.ft. The guideline value for Anna Nagar Society Layout is below this median.

• Anna Nagar Balaranganathapuram Nerhur Street: Rs 1,002 per sq.ft (2024)
• Annanagar: Rs 1,120 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 Society Layout

For a 1,000 sq.ft plot at the current guideline value of Rs 1,002 per sq.ft, the total guideline value amounts to Rs 10,02,000. The stamp duty at 7% would be Rs 70,140, and the registration fee at 2% would be Rs 20,040, bringing the total to Rs 90,180. It is important to 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 detailed calculations.

Which Sub Registrar Office covers Anna Nagar Society Layout?

The Anna Nagar Society Layout falls under 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 a crucial factor in the registration process for property transactions in Villankuruchicorpration. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Anna Nagar Society Layout?

The current guideline value of Anna Nagar Society Layout 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 125 per sq.ft in 2007 to Rs 1,002 per sq.ft in 2024, showing an overall increase of 702% over the years.

What is the classification of land in Anna Nagar Society Layout?

Anna Nagar Society Layout 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 Society Layout?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 10,02,000, the stamp duty would be Rs 70,140 at a rate of 7%.