Guideline Value for ANNA STREET

Anna Street guideline value

The current guideline value of Anna Street in Dhali village, under the Udumalpettai SRO, is Rs 200 per sq.ft, effective from 1 July 2024. This area is classified as Commercial Class I Type - I.

How the guideline value of Anna Street has changed

Over the years, the guideline value for Anna Street has seen significant changes. The earliest recorded revision was in 2007, where the value was Rs 35 per sq.ft. This increased to Rs 80 per sq.ft in 2012, marking a rise of 129%. The value further increased to Rs 100 per sq.ft in 2017, reflecting a 25% increase from the previous revision. In 2023, the guideline value remained at Rs 200 per sq.ft, and this figure was maintained in the 2024 revision, indicating no change between these two years.

From 2017 to 2023, there was a notable increase of 100%, bringing the value to Rs 200 per sq.ft. Overall, from the 2007 revision to the current 2024 guideline value, there has been a substantial increase of 471%.

Guideline values in Dhali

In Dhali village, there are 36 streets under the Udumalpettai 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's guideline value is equal to this median.

• Aranmanai Street: Rs 200 per sq.ft (2024)
• Arumugam Salai: Rs 200 per sq.ft (2024)
• Anaimalai Road: Rs 200 per sq.ft (2024)
• Ambhedkar Street: Rs 200 per sq.ft (2024)
• Alaghar Street: Rs 200 per sq.ft (2024)
• Baganai Kovil 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 rate of Rs 200 per sq.ft, the 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, totaling 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?

The Sub Registrar Office that covers Anna Street is the Udumalpettai Sub Registrar Office, located at 21, Katcheri Street, Taluk Office Campus, Udumalpet-642126, Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value plays a crucial role during the registration of property transactions in Dhali. It serves as a benchmark for determining the value of the property being bought or sold, ensuring that the registration fees and stamp duties are calculated accurately based on this value.

When a buyer or seller engages in a property transaction, the guideline value is referenced to ascertain the applicable stamp duty and registration fees. This ensures transparency and compliance with the regulations set forth by the Registration Department.

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 has changed significantly from Rs 35 per sq.ft in 2007 to Rs 200 per sq.ft in 2024, marking an overall increase of 471%.

What is the land classification for Anna Street?

Anna Street is classified as Commercial Class I Type - I, which influences its guideline value and potential uses.

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

The Sub Registrar Office for Anna Street is the Udumalpettai Sub Registrar Office, located at 21, Katcheri Street, Taluk Office Campus, Udumalpet-642126, 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 guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 200 per sq.ft would incur a total stamp duty and registration fee of Rs 18,000.