Guideline Value for ANNA NAGAR

Anna Nagar guideline value

The current guideline value of Anna Nagar, located in Ward - G village under the Tiruppur Joint II SRO, is Rs 706 per sq.ft, effective from 1 July 2024. This area falls under the Residential Class II Type - II land classification.

How the guideline value of Anna Nagar has changed

In the 2007 revision, the guideline value was Rs 385 per sq.ft. It then increased to Rs 650 per sq.ft in 2012, marking a rise of 69%. However, in the 2017 revision, the value decreased to Rs 435 per sq.ft, which was a decline of 33%. The value saw significant growth from Rs 435 per sq.ft in 2017 to Rs 700 per sq.ft in 2023, a remarkable increase of 61%. The most recent revision in 2024 set the guideline value at Rs 706 per sq.ft, reflecting a 1% increase from the previous year.

The register has no figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 83%.

Guideline values in Ward - G

In Ward - G, there are 134 streets under the Tiruppur Joint II SRO with a 2024 guideline value ranging from Rs 701 to Rs 4,650 per sq.ft. The median guideline value for these streets is Rs 880 per sq.ft, placing Anna Nagar's current value below this median.

• Amarjothi Sathyamoorthi Nagar: Rs 880 per sq.ft (2024)
• Balaji Layout: Rs 880 per sq.ft (2024)
• Balajinagar: Rs 880 per sq.ft (2024)
• Balaji Nagar 1 Nd Street: Rs 880 per sq.ft (2024)
• Balaji Nagar 2nd Street: Rs 880 per sq.ft (2024)
• Balaji Nagar Extension: Rs 825 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 706 per sq.ft, the total guideline value would be Rs 7,06,000. The stamp duty at 7% would amount to Rs 49,420, and the registration fee at 2% would be Rs 14,120, bringing the total to Rs 63,540. It is important to note that the duty is charged on the higher of the guideline value and 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 II 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 Ward - G

The guideline value is an important factor in the registration of property transactions in Ward - G. It helps determine the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When a property is sold or purchased, the guideline value is used to calculate the applicable charges, ensuring that both buyers and sellers are aware of the financial obligations associated with the transaction.

Frequently asked questions

What is the current guideline value of Anna Nagar?

The current guideline value of Anna Nagar is Rs 706 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, increasing from Rs 385 per sq.ft in 2007 to Rs 706 per sq.ft in 2024, which is an overall increase of 83%.

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

For a property valued at Rs 7,06,000, the stamp duty would be Rs 49,420 and the registration fee would be Rs 14,120, totaling Rs 63,540.

Which office handles property registrations in Anna Nagar?

The Tiruppur Joint II Sub Registrar Office handles property registrations in Anna Nagar, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.

What is the median guideline value in Ward - G?

The median guideline value in Ward - G is Rs 880 per sq.ft, while Anna Nagar's current value is below this median.