Guideline Value for ANNA STREET WARD-11

Anna Street Ward-11 guideline value

The current guideline value of Anna Street Ward-11 is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Sanararamanallur_south village under the Kaniyur SRO, classified as Residential Class III Type - V.

How the guideline value of Anna Street Ward-11 has changed

The guideline value for Anna Street Ward-11 has seen several revisions over the years. The earliest available figure is from 2007, where the guideline value was Rs 25 per sq.ft. This increased significantly to Rs 160 per sq.ft in 2012, marking a 540% rise. However, between 2012 and 2017, the value decreased to Rs 107 per sq.ft, representing a decline of 33%. From 2017 to 2023, the guideline value rose to Rs 200 per sq.ft, an increase of 87%. The latest revision in 2024 maintains this value at Rs 200 per sq.ft, indicating no change from the previous year.

It is important to note that the register has no figures for Anna Street Ward-11 for the years 2002 and 2003. Overall, from 2007 to 2024, the guideline value has increased by 700%.

Guideline values in Sanararamanallur_south

In Sanararamanallur_south, there are 48 streets under the Kaniyur SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 200 per sq.ft, with a median value of Rs 200 per sq.ft. Anna Street Ward-11's 2024 figure is equal to this median.

• Anna Street Ward-8: Rs 200 per sq.ft (2024)
• Ambathkar Street Ward-6: Rs 200 per sq.ft (2024)
• Ambathkar Steet Ward-10: Rs 200 per sq.ft (2024)
• Awaayar Street Ward-9: Rs 200 per sq.ft (2024)
• Batharakaliyamman Kovil Street Ward-7: Rs 200 per sq.ft (2024)
• Bharathithasan Street Ward-9: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Street Ward-11

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, making the total cost for these fees Rs 18,000. 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 to estimate your fees.

Which Sub Registrar Office covers Anna Street Ward-11?

The Sub Registrar Office that covers Anna Street Ward-11 is the Kaniyur Sub Registrar Office, located at 61, Madathukulam Main Road, Kaniyur, Madathukulam Taluk, Tirupur District - 642 203. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Sanararamanallur_south. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duties and registration fees.

When buying or selling property, the guideline value helps in assessing the fair value of the property in the eyes of the law. Buyers and sellers should be aware of the current guideline value to ensure compliance with legal requirements during the transaction process.

Frequently asked questions

What is the current guideline value for Anna Street Ward-11?

The current guideline value for Anna Street Ward-11 is Rs 200 per sq.ft, effective from 1 July 2024.

How often does the guideline value get revised?

The guideline value gets revised periodically, with the most recent revisions occurring in 2024, 2023, 2017, 2012, and 2007 for Anna Street Ward-11.

What was the guideline value in 2017?

The guideline value for Anna Street Ward-11 in 2017 was Rs 107 per sq.ft.

Where can I find the Sub Registrar Office for Anna Street Ward-11?

The Sub Registrar Office for Anna Street Ward-11 is the Kaniyur Sub Registrar Office, located at 61, Madathukulam Main Road, Kaniyur, Madathukulam Taluk, Tirupur District - 642 203.

How is the stamp duty calculated for property in Anna Street Ward-11?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 2,00,000, the stamp duty at 7% would be Rs 14,000.