Guideline Value for ANNA STREET WARD-15

Anna Street Ward-15 guideline value

The current guideline value of Anna Street Ward-15 is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in West_komaralingam village, under the Kaniyur SRO, and falls under the Residential Class III Type - V land classification.

How the guideline value of Anna Street Ward-15 has changed

Over the years, the guideline value for Anna Street Ward-15 has seen several revisions. The 2007 revision set the value at Rs 40 per sq.ft, which increased to Rs 160 per sq.ft in 2012, marking a significant rise of 300%. However, from 2012 to the 2017 revision, the value decreased to Rs 107 per sq.ft, reflecting a drop of 33%. The subsequent revision in 2017 brought the value back up to Rs 200 per sq.ft in 2023, an increase of 87%. The latest revision in 2024 has maintained this value at Rs 200 per sq.ft, showing no change from the previous year.

The register does not contain figures for Anna Street Ward-15 for the years 2002 and 2003. Overall, from 2007 to 2024, the guideline value has increased by 400%.

Guideline values in West_komaralingam

In West_komaralingam, there are 46 streets under the Kaniyur SRO that carry a 2024 guideline value, all set at Rs 200 per sq.ft. The median value for these streets is also Rs 200 per sq.ft, placing Anna Street Ward-15 at the median level.

• Annanagar Ward-12: Rs 200 per sq.ft (2024)
• Arunachalam Street Ward-15: Rs 200 per sq.ft (2024)
• Amman Kovil Street Ward-15: Rs 200 per sq.ft (2024)
• Amman Kovil Street Ward-10: Rs 200 per sq.ft (2024)
• Bharathiyar Street Ward-13: Rs 200 per sq.ft (2024)
• Chellappar Street Ward-11: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Street Ward-15

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the 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, bringing the total to 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 the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anna Street Ward-15?

The Sub Registrar Office that covers Anna Street Ward-15 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 West_komaralingam

The guideline value is a crucial factor in property transactions in West_komaralingam. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value serves as a benchmark for both buyers and sellers, ensuring transparency in the transaction process. It is essential to be aware of the current guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value for Anna Street Ward-15?

The current guideline value for Anna Street Ward-15 is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Anna Street Ward-15 has seen significant changes, increasing from Rs 40 per sq.ft in 2007 to Rs 200 per sq.ft in 2024, marking an overall increase of 400%.

Which Sub Registrar Office covers Anna Street Ward-15?

The Kaniyur Sub Registrar Office covers Anna Street Ward-15, located at 61, Madathukulam Main Road, Kaniyur, Madathukulam Taluk, Tirupur District - 642 203.

What are the stamp duty and registration fees for property in Anna Street Ward-15?

For a property valued at Rs 2,00,000, the stamp duty would be Rs 14,000 and the registration fee would be Rs 4,000, totaling Rs 18,000.

Are there other streets with the same guideline value in West_komaralingam?

Yes, there are several other streets in West_komaralingam that also have a guideline value of Rs 200 per sq.ft, including Annanagar Ward-12 and Arunachalam Street Ward-15.