Guideline Value for ANNA NAGAR

Anna Nagar guideline value

The current guideline value of Anna Nagar is Rs 1,004 per sq.ft, effective from 1 July 2024. This area is located in Vadavalli village, under the Vadavalli SRO, and is classified as Residential Class IV Type - II.

How the guideline value of Anna Nagar has changed

The guideline value for Anna Nagar has seen several revisions over the years. In the 2017 revision, the value was set at Rs 670 per sq.ft. This increased to Rs 1,000 per sq.ft in the 2023 revision and further to Rs 1,004 per sq.ft in the 2024 revision. Notably, there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

From 2017 to 2023, the guideline value increased by 49%, and from 2017 to 2024, it has risen by a total of 50%. The change from 2023 to 2024 is minimal, with an increase of 0%.

Guideline values in Vadavalli

In Vadavalli, there are 461 streets under the Vadavalli SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 2,200 per sq.ft, with a median value of Rs 1,100 per sq.ft. The guideline value for Anna Nagar is below this median.

• Annai Velangani Nagar: Rs 1,100 per sq.ft (2024)
• Anna Street: Rs 1,000 per sq.ft (2024)
• Annai Indira Nagar: Rs 1,001 per sq.ft (2024)
• A.P.Gardens: Rs 1,005 per sq.ft (2024)
• Anantha Krishna Nagar: Rs 1,100 per sq.ft (2024)
• Arijana Colony: Rs 1,006 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 1,004 per sq.ft, the total guideline value would be Rs 10,04,000. The stamp duty at 7% would amount to Rs 70,280, and the registration fee at 2% would be Rs 20,080, bringing the total to Rs 90,360. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Anna Nagar?

The Sub Registrar Office that covers Anna Nagar is the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046, 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 Vadavalli

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

When a property is sold, the guideline value is compared with the sale price, and the duty is charged on the higher amount. This ensures that the government receives appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Anna Nagar?

The current guideline value of Anna Nagar is Rs 1,004 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 670 per sq.ft in 2017 to Rs 1,000 per sq.ft in 2023, and then to Rs 1,004 per sq.ft in 2024. There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

What is the land classification for Anna Nagar?

Anna Nagar is classified as Residential Class IV Type - II, indicating its designation for residential use within the area.

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

For a property valued at Rs 10,04,000, the stamp duty would be Rs 70,280 and the registration fee would be Rs 20,080, totaling Rs 90,360. These fees are based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Anna Nagar located?

The Vadavalli Sub Registrar Office is located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046. This office handles all registrations for properties in Anna Nagar.