Guideline Value for ANNA STREET (VALIYAMPALAYAM)

Anna Street (Valiyampalayam) guideline value

The current guideline value of Anna Street (Valiyampalayam) is Rs 1,040 per sq.ft, effective from 1 July 2024. This street is located in KALAPATTY_East village and falls under the Gandhipuram SRO. The land classification for this area is Residential Class II Type - II.

How the guideline value of Anna Street (Valiyampalayam) has changed

The guideline value of Anna Street (Valiyampalayam) has seen significant changes over the years. The 2017 revision recorded a value of Rs 268 per sq.ft, which increased to Rs 1,000 per sq.ft in the 2023 revision, marking a substantial rise of 273%. The latest revision in 2024 set the value at Rs 1,040 per sq.ft, reflecting a 4% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 288%. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for Anna Street (Valiyampalayam).

Guideline values in KALAPATTY_East

In KALAPATTY_East, there are 358 streets under the Gandhipuram SRO that carry a 2024 guideline value, ranging from Rs 1,010 to Rs 3,920 per sq.ft. The median guideline value for this area is Rs 1,055 per sq.ft, placing Anna Street (Valiyampalayam)'s 2024 figure below that median.

• Anna Street (Kalappatti): Rs 1,040 per sq.ft (2024)
• Anora Gardens: Rs 1,230 per sq.ft (2024)
• Arangasamy Nagar (Civil Aerodrome): Rs 1,065 per sq.ft (2024)
• Annamalai Residency: Rs 1,040 per sq.ft (2024)
• Arena Gardens: Rs 2,010 per sq.ft (2024)
• Annamalai Industrial Park (Kalappatti): Rs 1,060 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Street (Valiyampalayam)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,040 per sq.ft, the total guideline value amounts to Rs 10,40,000. The stamp duty at 7% would be Rs 72,800, while the registration fee at 2% would be Rs 20,800, bringing the total to Rs 93,600. 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 precise calculations.

Which Sub Registrar Office covers Anna Street (Valiyampalayam)?

The Sub Registrar Office that covers Anna Street (Valiyampalayam) 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 further assistance.

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

The guideline value is an essential factor in the registration process of property transactions in KALAPATTY_East. It serves as a benchmark for determining the stamp duty and registration fees applicable when buying or selling property in this area.

When a property is registered, the guideline value is used to calculate the stamp duty and registration fees, ensuring that these costs are based on an official valuation rather than the sale price alone. This process helps maintain transparency and consistency in property transactions.

Frequently asked questions

What is the current guideline value of Anna Street (Valiyampalayam)?

The current guideline value of Anna Street (Valiyampalayam) is Rs 1,040 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 268 per sq.ft in 2017 to Rs 1,040 per sq.ft in 2024, marking an overall increase of 288% during this period.

What is the land classification for Anna Street (Valiyampalayam)?

Anna Street (Valiyampalayam) is classified as Residential Class II Type - II, indicating its suitability for residential development.

Where can I find the registration office for Anna Street (Valiyampalayam)?

The registration office for Anna Street (Valiyampalayam) is the Gandhipuram Sub Registrar Office, located on Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

How is the stamp duty calculated for property in Anna Street (Valiyampalayam)?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a 1,000 sq.ft plot at the current guideline value would incur a stamp duty of Rs 72,800.