Guideline Value for ANNA STREET

Anna Street guideline value

The current guideline value of Anna Street, located in Ward - C village under the Tiruppur Joint I SRO, is Rs 1,120 per sq.ft, effective from 1 July 2024. This street falls under the Residential Class III Type - II land classification.

How the guideline value of Anna Street has changed

Over the years, the guideline value of Anna Street has seen several revisions. The 2007 revision set the value at Rs 740 per sq.ft, which increased to Rs 1,000 per sq.ft in the 2012 revision. However, this figure dropped to Rs 670 per sq.ft in the 2017 revision. The most recent 2023 revision raised it to Rs 1,000 per sq.ft, and the upcoming 2024 revision will further increase it to Rs 1,120 per sq.ft.

From 2017 to 2023, the guideline value increased by 49%, while the change from 2012 to 2017 was a decrease of 33%. The value saw an increase of 35% from 2007 to 2012. Overall, from 2007 to 2024, the guideline value has increased by 51%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Ward - C

In Ward - C, there are 137 streets under the Tiruppur Joint I SRO that have a 2024 guideline value ranging from Rs 840 to Rs 4,480 per sq.ft. The median value is Rs 1,120 per sq.ft, which is the same as the guideline value for Anna Street.

• Anna St, Kumarananthapuram Central: Rs 1,120 per sq.ft (2024)
• Anna Colony: Rs 1,120 per sq.ft (2024)
• Anjal Nagar Main Road: Rs 1,455 per sq.ft (2024)
• Anjal Nagar 60 Feet Road: Rs 1,455 per sq.ft (2024)
• ANJAL NAGAR 1ST to 3rd STREET: Rs 1,455 per sq.ft (2024)
• Angeripalayam Road: Rs 2,015 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 1,120 per sq.ft, the total guideline value would be Rs 11,20,000. The stamp duty at 7% would amount to Rs 78,400, while the registration fee at 2% would be Rs 22,400, making the total cost for these fees Rs 1,00,800. Duty is charged on the guideline value or the sale price, whichever is higher. For more information, 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 Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, in the Coimbatore registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Ward - C

The guideline value is a crucial factor in the registration process when buying or selling property in Ward - C. 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 government receives the appropriate revenue based on the property's value.

Frequently asked questions

What is the current guideline value of Anna Street?

The current guideline value of Anna Street is Rs 1,120 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 740 per sq.ft in 2007 to Rs 1,120 per sq.ft in 2024, with various increases and decreases in between, including a notable 49% increase from 2017 to 2023.

What is the land classification for Anna Street?

Anna Street falls under the Residential Class III Type - II land classification.

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

The Sub Registrar Office for Anna Street is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.

How is stamp duty calculated for property in Anna Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a property valued at Rs 11,20,000 would incur a stamp duty of Rs 78,400 at 7%.