Guideline Value for ANNA NAGAR

Anna Nagar guideline value

The current guideline value of Anna Nagar is Rs 896 per sq.ft, effective from 1 July 2024. This area is located in Neruperichal village and falls under the Tiruppur Joint I SRO. The land classification for this street is Mixed Special Type - II.

How the guideline value of Anna Nagar has changed

Over the years, the guideline value of Anna Nagar has seen several revisions. The 2012 revision set the value at Rs 800 per sq.ft, which then decreased to Rs 536 per sq.ft in 2017. Following this, the value increased significantly to Rs 800 per sq.ft in 2023, and most recently, it rose to Rs 896 per sq.ft in 2024, marking a 12% increase from the previous year. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

From 2017 to 2023, the guideline value increased by 49%. When considering the overall change from 2012 to 2024, the guideline value has increased by 12% from Rs 800 per sq.ft in 2012 to Rs 896 per sq.ft in 2024.

Guideline values in Neruperichal

Neruperichal village has a total of 171 streets under the Tiruppur Joint I SRO, with guideline values for 2024 ranging from Rs 700 to Rs 1,008 per sq.ft. The median guideline value for these streets is Rs 705 per sq.ft, placing Anna Nagar's current value above this median.

• Annai Sathya Colony: Rs 705 per sq.ft (2024)
• Amman Nagar: Rs 708 per sq.ft (2024)
• Akilandammal Nagar: Rs 705 per sq.ft (2024)
• Agham Paradise: Rs 705 per sq.ft (2024)
• Avs Naveen Garden: Rs 705 per sq.ft (2024)
• A.V.S Naveen Richland: Rs 705 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 896 per sq.ft, the total guideline value would be Rs 8,96,000. The stamp duty at 7% would amount to Rs 62,720, and the registration fee at 2% would be Rs 17,920, bringing the total fees together to Rs 80,640. 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 Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, 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 Neruperichal

The guideline value plays a crucial role during the registration process of property transactions in Neruperichal. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling property in the area.

When you register a property, the guideline value is assessed to ensure that the transaction is in accordance with the prevailing rates. This helps in maintaining transparency and fairness in property dealings.

Frequently asked questions

What is the current guideline value of Anna Nagar?

The current guideline value of Anna Nagar is Rs 896 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has undergone several revisions: Rs 800 per sq.ft in 2012, Rs 536 per sq.ft in 2017, Rs 800 per sq.ft in 2023, and Rs 896 per sq.ft in 2024.

What is the land classification for Anna Nagar?

Anna Nagar is classified as Mixed Special Type - II, indicating the nature of land use in this area.

What are the registration fees for property in Anna Nagar?

The registration fees for property in Anna Nagar include a stamp duty of 7% and a registration fee of 2%, calculated based on the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office for Anna Nagar located?

The Tiruppur Joint I Sub Registrar Office is located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, in the Coimbatore registration zone.