Guideline Value for ANNA NAGAR

Anna Nagar guideline value

The current guideline value of Anna Nagar is Rs 1,045 per sq.ft, effective from 1 July 2024. This street is located in Saravanmpatty, under the Gandhipuram SRO, and is classified as Residential Class II Type - II.

How the guideline value of Anna Nagar has changed

The guideline value for Anna Nagar has undergone several revisions over the years. The 2012 revision set the value at Rs 400 per sq.ft, which then decreased to Rs 268 per sq.ft in the 2017 revision. Following that, there was a significant increase to Rs 1,000 per sq.ft in 2023, and the current value is Rs 1,045 per sq.ft from the 2024 revision. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, the guideline value decreased by 33%. However, the value surged by 273% from 2017 to 2023. The change from 2023 to 2024 reflects a 5% increase. Overall, from 2012 to 2024, the guideline value has increased by 161%.

Guideline values in Saravanmpatty.

In Saravanmpatty, there are 180 streets under the Gandhipuram SRO that carry a 2024 guideline value ranging from Rs 1,010 to Rs 5,654 per sq.ft, with a median value of Rs 1,060 per sq.ft. The guideline value for Anna Nagar is below this median.

• Appar Veethi: Rs 1,045 per sq.ft (2024)
• Anboli Nagar: Rs 1,055 per sq.ft (2024)
• Amman Nagar Kuttai: Rs 1,060 per sq.ft (2024)
• Amman Nagaram: Rs 1,055 per sq.ft (2024)
• Amman Nagar: Rs 1,055 per sq.ft (2024)
• Amburose Nagar: Rs 1,055 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 1,045 per sq.ft, the total guideline value would be Rs 10,45,000. The stamp duty at 7% would be Rs 73,150, and the registration fee at 2% would be Rs 20,900, bringing the total to Rs 94,050. It is important to note that 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 details.

Which Sub Registrar Office covers Anna Nagar?

The Sub Registrar Office that covers Anna Nagar is the Gandhipuram Sub Registrar Office, located at SRO Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Saravanmpatty. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid at the time of registration.

When a property is sold, the sale price and the guideline value are compared, and the higher amount is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue based on the value of the property being transacted.

Frequently asked questions

What is the current guideline value of Anna Nagar?

The current guideline value of Anna Nagar is Rs 1,045 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2012 to Rs 1,045 per sq.ft in 2024, reflecting a significant increase over the years.

What is the registration office for Anna Nagar?

The registration office for Anna Nagar is the Gandhipuram Sub Registrar Office, located near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

How is stamp duty calculated for properties in Anna Nagar?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a property valued at Rs 10,45,000 would incur a stamp duty of Rs 73,150 at 7%.

What are the guideline values for other streets in Saravanmpatty?

Other streets in Saravanmpatty have varying guideline values, ranging from Rs 1,010 to Rs 5,654 per sq.ft, with the median being Rs 1,060 per sq.ft.