Guideline Value for ANNA NAGAR

Anna Nagar guideline value

The current guideline value of Anna Nagar, located in Ward - J village under the Tiruppur Joint I SRO, is Rs 840 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class IV Type - I.

How the guideline value of Anna Nagar has changed

Over the years, the guideline value of Anna Nagar has seen several revisions. The earliest recorded figure is from 2007, where it was Rs 440 per sq.ft. This increased to Rs 750 per sq.ft in 2012, marking a significant rise of 70%. However, from 2012 to 2017, the value decreased to Rs 502 per sq.ft, a drop of 33%. The value then rose again to Rs 750 per sq.ft in 2023, and most recently, it has increased to Rs 840 per sq.ft in 2024, reflecting a 12% increase from the previous year.

From 2017 to 2023, the increase was substantial at 49%. Overall, from the 2007 revision to the current 2024 revision, the guideline value has risen by 91%. It is important to note that the register has no figures for the years 2002 and 2003 for this street.

Guideline values in Ward - J

In Ward - J, there are 209 streets under the Tiruppur Joint I SRO, with guideline values ranging from Rs 840 to Rs 4,480 per sq.ft. The median guideline value in this area is Rs 1,120 per sq.ft, indicating that the current figure for Anna Nagar is below this median.

• Anna Nagar East: Rs 840 per sq.ft (2024)
• Anna Nagar Extension: Rs 840 per sq.ft (2024)
• Anna Nagar, Pappanna Nagar: Rs 840 per sq.ft (2024)
• Anna Nagar, Pappanna Nagar North: Rs 840 per sq.ft (2024)
• Annapoorana Layout: Rs 840 per sq.ft (2024)
• APPACHI NAGAR 1St to 3RD STREET: Rs 1,680 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 840 per sq.ft, the total guideline value amounts to Rs 8,40,000. The stamp duty at 7% would be Rs 58,800, while the registration fee at 2% would be Rs 16,800, bringing the total cost for these fees to Rs 75,600. It is important to note that duty is charged on the higher of the guideline value and the sale price. For more details, 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 Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward - J

The guideline value plays a crucial role during the registration of property transactions in Ward - J. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When you proceed with a transaction, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue based on the property's value.

Frequently asked questions

What is the current guideline value of Anna Nagar?

The current guideline value of Anna Nagar is Rs 840 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 440 per sq.ft in 2007 to Rs 840 per sq.ft in 2024, reflecting an overall increase of 91% over the years.

What is the registration office for Anna Nagar?

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

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

For a property valued at Rs 8,40,000, the stamp duty would be Rs 58,800 and the registration fee would be Rs 16,800, totaling Rs 75,600.

What is the land classification for Anna Nagar?

Anna Nagar is classified as Residential Class IV Type - I according to the guideline value register.