Guideline Value for ANNA STREET

Anna Street guideline value

The current guideline value of Anna Street is Rs 380 per sq.ft, effective from 1 July 2024. This street is located in Ward - B village under the Udumalpettai SRO and falls under the Residential Class V Type - I land classification.

How the guideline value of Anna Street has changed

Over the years, the guideline value for Anna Street has seen several revisions. The earliest recorded figure is from 2003, where the guideline value was Rs 86 per sq.ft. This figure increased significantly to Rs 350 per sq.ft in 2012, marking a rise of 307%. However, between 2012 and 2017, the value decreased to Rs 234 per sq.ft, a drop of 33%. The value then rose again to Rs 350 per sq.ft in 2023, reflecting a 50% increase from the previous revision. The most recent revision in 2024 set the guideline value at Rs 380 per sq.ft, which is a 9% increase from 2023.

It is important to note that there are no recorded figures for Anna Street in the revisions of 2002 and 2007. Overall, from 2003 to 2024, the guideline value has increased by 342%.

Guideline values in Ward - B

In Ward - B, there are 112 streets under the Udumalpettai SRO with a 2024 guideline value ranging from Rs 380 to Rs 2,020 per sq.ft. The median value for these streets is Rs 500 per sq.ft, indicating that Anna Street's current guideline value is below this median.

• Anusham Nagar: Rs 660 per sq.ft (2024)
• Arasilango Street: Rs 380 per sq.ft (2024)
• Ariyar Real Estate: Rs 500 per sq.ft (2024)
• Arumugam Nagar: Rs 660 per sq.ft (2024)
• Avanandishwarar Layout: Rs 500 per sq.ft (2024)
• Abirami Nagar: Rs 660 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 380 per sq.ft, the total guideline value amounts to Rs 3,80,000. The stamp duty, charged at 7%, would be Rs 26,600, while the registration fee at 2% would be Rs 7,600. Together, these fees amount to Rs 34,200. It is important to note that the duty is charged on the higher of the guideline value or the sale price. 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 Udumalpettai Sub Registrar Office, located at 21, Katcheri Street, Taluk Office Campus, Udumalapet-642126, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Ward - B. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these charges are based on an officially recognized value of the property.

When a property is sold, the buyer and seller must consider the guideline value to determine the applicable fees. This ensures transparency and compliance with local regulations during the property transaction process.

Frequently asked questions

What is the current guideline value of Anna Street?

The current guideline value of Anna Street is Rs 380 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value of Anna Street has changed from Rs 86 per sq.ft in 2003 to Rs 380 per sq.ft in 2024, reflecting an overall increase of 342% over the years.

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

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty is Rs 26,600, and the registration fee is Rs 7,600, amounting to a total of Rs 34,200.

Which office handles registrations for Anna Street?

The Udumalpettai Sub Registrar Office handles registrations for Anna Street, located at 21, Katcheri Street, Taluk Office Campus, Udumalapet-642126, Coimbatore registration zone.

What is the land classification for Anna Street?

Anna Street falls under the Residential Class V Type - I land classification, indicating its designated use for residential purposes.