Guideline Value for ANNA STREET

Anna Street guideline value

The current guideline value of Anna Street in Suleswaranpatty village is Rs 200 per sq.ft, effective from 1 July 2024. This street falls under the Pollachi Sub Registrar Office (SRO) and is classified as Residential Class I Type - I.

How the guideline value of Anna Street has changed

The guideline value for Anna Street has seen several revisions over the years. In 2007, the guideline value was Rs 80 per sq.ft, which increased to Rs 100 per sq.ft in 2012. However, it then dropped to Rs 67 per sq.ft in 2017. The most significant change occurred between 2017 and 2023, where it increased by 199% to reach Rs 200 per sq.ft, a figure that remained unchanged in the 2024 revision.

There are no figures available for the years 2002 and 2003 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 150%.

Guideline values in Suleswaranpatty

In Suleswaranpatty, there are 79 streets under the Pollachi SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 490 per sq.ft. The median guideline value for these streets is Rs 200 per sq.ft, which is equal to the 2024 figure for Anna Street.

• Annai Indra Street: Rs 200 per sq.ft (2024)
• Anbalagan Street: Rs 200 per sq.ft (2024)
• Amman Kovil Street: Rs 200 per sq.ft (2024)
• Ambedkar Street: Rs 200 per sq.ft (2024)
• Alagapuri Street: Rs 200 per sq.ft (2024)
• Alagappan Street: Rs 301 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 200 per sq.ft, the total guideline value would be Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total fees to Rs 18,000. Please note that 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 details.

Which Sub Registrar Office covers Anna Street?

Anna Street is covered by the Pollachi Sub Registrar Office, located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001, 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 Suleswaranpatty

The guideline value is a crucial factor in the registration process when buying or selling property in Suleswaranpatty. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the registration process reflects the true value of the property being transferred.

Frequently asked questions

What is the current guideline value of Anna Street?

The current guideline value of Anna Street 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 has changed from Rs 80 per sq.ft in 2007 to Rs 200 per sq.ft in 2024, with notable increases and decreases in between.

What is the land classification for Anna Street?

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

Where can I find the Pollachi Sub Registrar Office?

The Pollachi Sub Registrar Office is located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001, in the Coimbatore registration zone.

How is stamp duty calculated for properties in Anna Street?

Stamp duty for properties in Anna Street is calculated based on the higher of the guideline value or the sale price. For example, a 1,000 sq.ft plot at the current guideline value would incur a total stamp duty and registration fee of Rs 18,000.