Guideline Value for ANNA ST

Anna St guideline value

The current guideline value of Anna St in Velampalayam village is Rs 770 per sq.ft, effective from 1 July 2024. This street falls under the Tiruppur Joint II SRO and is classified as Mixed Type - II land.

How the guideline value of Anna St has changed

The guideline value for Anna St has seen several revisions over the years. The 2012 revision recorded a value of Rs 700 per sq.ft, which then decreased to Rs 469 per sq.ft in the 2017 revision. The 2023 revision increased the value to Rs 700 per sq.ft, followed by a further increase to Rs 770 per sq.ft in the 2024 revision.

From 2017 to 2023, the guideline value increased by 49%. The 2023 to 2024 revision reflects a 10% increase. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Velampalayam

In Velampalayam, there are 472 streets under the Tiruppur Joint II SRO that carry a 2024 guideline value, ranging from Rs 701 to Rs 4,480 per sq.ft. The median guideline value is Rs 711 per sq.ft, making Anna St's 2024 value above that median.

• Anna Street Virivu: Rs 715 per sq.ft (2024)
• Annipalayam: Rs 711 per sq.ft (2024)
• Anuparpalayam: Rs 890 per sq.ft (2024)
• Anupparpalayam Puthur: Rs 890 per sq.ft (2024)
• Appalo Kumaragam Avenue: Rs 770 per sq.ft (2024)
• Appollo Agaram Avenue: Rs 709 per sq.ft (2024)

Stamp duty and registration fee for property in Anna St

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value would be Rs 7,70,000. The stamp duty at 7% would amount to Rs 53,900, and the registration fee at 2% would be Rs 15,400, resulting in a total of Rs 69,300. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anna St?

The Sub Registrar Office covering Anna St is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor in property transactions, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating the sale price, as the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher.

When registering a property, it is crucial to ensure that the sale price is not below the guideline value to avoid any legal issues. This value serves as a benchmark for property transactions in Velampalayam, ensuring transparency and compliance with local regulations.

Frequently asked questions

What is the current guideline value of Anna St?

The current guideline value of Anna St is Rs 770 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 700 per sq.ft in 2012 to Rs 469 per sq.ft in 2017, then increased to Rs 700 per sq.ft in 2023, and finally to Rs 770 per sq.ft in 2024.

What is the median guideline value in Velampalayam?

The median guideline value in Velampalayam is Rs 711 per sq.ft, with Anna St's value being above this median at Rs 770 per sq.ft.

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

The stamp duty for a property valued at Rs 7,70,000 is Rs 53,900, and the registration fee is Rs 15,400, totaling Rs 69,300.

Which office handles property registrations for Anna St?

The Tiruppur Joint II Sub Registrar Office handles property registrations for Anna St, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.