Guideline Value for ANNA STREET

Anna Street guideline value

The current guideline value of Anna Street in Kinathukadavu village is Rs 750 per sq.ft, effective from the 2024 revision. This street falls under the Kinathukkadavu SRO and is classified as Residential Special Type - I.

How the guideline value of Anna Street has changed

In the 2012 revision, the guideline value for Anna Street was Rs 750 per sq.ft. This figure remained unchanged in the 2017 revision, where it was also Rs 750 per sq.ft. However, the 2017 revision saw a significant increase from Rs 502 per sq.ft in 2017, marking a 49% increase. The 2023 revision again maintained the value at Rs 750 per sq.ft, showing no change from the previous year.

From 2012 to 2024, the overall guideline value has remained at Rs 750 per sq.ft, indicating stability in this period. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

Guideline values in Kinathukadavu

In Kinathukadavu, there are 44 streets under the Kinathukkadavu SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 1,500 per sq.ft, with a median value of Rs 300 per sq.ft. Anna Street's current guideline value is above this median.

• Anna Nagar: Rs 750 per sq.ft (2024)
• Arisana Colony: Rs 200 per sq.ft (2024)
• Andigoundenpudur: Rs 200 per sq.ft (2024)
• Ambethkar Street: Rs 300 per sq.ft (2024)
• Avvaiyar Street: Rs 750 per sq.ft (2024)
• Barathiar Street: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Street

For a 1,000 sq.ft plot at the current guideline value of Rs 750 per sq.ft, the total guideline value would be Rs 7,50,000. The stamp duty at 7% would be Rs 52,500, and the registration fee at 2% would be Rs 15,000, making the total cost Rs 67,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anna Street?

The Sub Registrar Office that covers Anna Street is the Kinathukkadavu Sub Registrar Office, located at 151 Coimbatore To Pollachi Main Road, Kinathukadavu- 642109, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Kinathukadavu. It serves as a benchmark for determining the minimum value at which property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When buying or selling property, the guideline value helps both buyers and sellers understand the worth of the property in the current market. It is essential for ensuring transparency and compliance with local regulations during the registration process.

Frequently asked questions

What is the current guideline value of Anna Street?

The current guideline value of Anna Street is Rs 750 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

From 2012 to 2017, the guideline value decreased from Rs 750 per sq.ft to Rs 502 per sq.ft, a change of -33%. It then increased by 49% to Rs 750 per sq.ft in 2023, and has remained the same through to 2024.

What is the land classification for Anna Street?

Anna Street is classified as Residential Special Type - I under the guideline value register.

Where can I find the registration office for Anna Street?

The registration office for Anna Street is the Kinathukkadavu Sub Registrar Office, located at 151 Coimbatore To Pollachi Main Road, Kinathukadavu- 642109, Coimbatore registration zone.

How is stamp duty calculated for properties on Anna Street?

Stamp duty for properties on Anna Street is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current rate would incur a total stamp duty of Rs 52,500, along with a registration fee of Rs 15,000.