Guideline Value for ANNA NAGAR

Anna Nagar guideline value

The current guideline value for Anna Nagar is Rs 1,040 per sq.ft, effective from 1 July 2024. This area is located in Coimbatore village under the Coimbatore North Joint 1 SRO and is classified as Residential Class I Type - I.

How the guideline value of Anna Nagar has changed

The guideline value for Anna Nagar has seen several revisions over the years. The earliest recorded figure is from 2007, where the value was Rs 180 per sq.ft. This increased significantly to Rs 800 per sq.ft in 2012, marking a 344% rise. However, the value then decreased to Rs 536 per sq.ft in 2017, a drop of 33%. The value continued to climb, reaching Rs 1,000 per sq.ft in 2023, and finally settling at Rs 1,040 per sq.ft in the 2024 revision, representing a 4% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 478%. It is important to note that the register has no figures for Anna Nagar for the years 2002 and 2003.

Guideline values in Coimbatore

In Coimbatore village, there are 52 streets under the Coimbatore North Joint 1 SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 1,905 per sq.ft. The median value among these streets is Rs 1,038 per sq.ft, placing Anna Nagar's 2024 figure above that median.

• Anbu Nagar: Rs 1,015 per sq.ft (2024)
• Arignar Anna Nagar: Rs 1,050 per sq.ft (2024)
• Arul Nagar: Rs 1,015 per sq.ft (2024)
• Al-Amin Colony: Rs 1,050 per sq.ft (2024)
• Azad Nagar: Rs 1,030 per sq.ft (2024)
• BILAL ESTATE IInd STREET: Rs 1,025 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,040 per sq.ft, the total guideline value amounts to Rs 10,40,000. The stamp duty at 7% would be Rs 72,800, and the registration fee at 2% would be Rs 20,800, bringing the total cost for these fees to Rs 93,600. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Anna Nagar?

The Sub Registrar Office that covers Anna Nagar is the Coimbatore North Joint 1 Sub Registrar Office, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001. You can find your SRO for further assistance.

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

The guideline value is a critical component in the registration process of property transactions in Coimbatore. It serves as the basis for calculating the stamp duty and registration fees that are required when buying or selling property.

When a property is sold, the buyer must pay the stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Anna Nagar?

The current guideline value of Anna Nagar is Rs 1,040 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2007, the guideline value has increased significantly, from Rs 180 per sq.ft to Rs 1,040 per sq.ft in 2024, marking an overall increase of 478%.

What are the stamp duty and registration fees for property in Anna Nagar?

For a property valued at Rs 10,40,000, the stamp duty would be Rs 72,800 and the registration fee would be Rs 20,800, totaling Rs 93,600.

Which Sub Registrar Office covers Anna Nagar?

The Coimbatore North Joint 1 Sub Registrar Office covers Anna Nagar, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001.

What is the land classification for Anna Nagar?

Anna Nagar is classified as Residential Class I Type - I, indicating its suitability for residential development.