Guideline Value for ANNA VEETHI

Anna Veethi guideline value

The current guideline value of Anna Veethi, located in Vellakinar, is Rs 1,876 per sq.ft as per the 2024 revision, effective from 1 July 2024. This area falls under the Gandhipuram SRO and is classified as Residential Class I Type - IV.

How the guideline value of Anna Veethi has changed

The guideline value for Anna Veethi has seen significant changes over the years. The 2012 revision set the value at Rs 400 per sq.ft, which then decreased to Rs 268 per sq.ft in the 2017 revision. However, from 2017 to 2023, there was a substantial increase, with the value rising to Rs 1,000 per sq.ft, marking a 273% increase. The most recent 2024 revision has further increased the guideline value to Rs 1,876 per sq.ft, reflecting an 88% rise from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 369%.

Guideline values in Vellakinar.

In Vellakinar, there are 107 streets under the Gandhipuram SRO that carry a 2024 guideline value ranging from Rs 1,030 to Rs 2,886 per sq.ft, with the median value being Rs 1,876 per sq.ft. The guideline value for Anna Veethi is equal to this median.

• Annai Veethi: Rs 1,270 per sq.ft (2024)
• Arudra Garden: Rs 2,615 per sq.ft (2024)
• Ammasai Gounder Veethi: Rs 1,270 per sq.ft (2024)
• Asthalakshmi Garden: Rs 1,876 per sq.ft (2024)
• Aura: Rs 2,886 per sq.ft (2024)
• Amarjothi Saroj Nagar: Rs 1,270 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Veethi

For a 1,000 sq.ft plot at the current guideline value of Rs 1,876 per sq.ft, the total guideline value amounts to Rs 18,76,000. The stamp duty at 7% would be Rs 1,31,320, and the registration fee at 2% would be Rs 37,520, making the total cost for these fees Rs 1,68,840. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anna Veethi?

The Sub Registrar Office that covers Anna Veethi is the Gandhipuram Sub Registrar Office, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Vellakinar. It serves as a benchmark for determining the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with legal requirements during the transaction.

When registering a property, the guideline value is used to calculate the stamp duty and registration fees. These fees are essential components of the registration process and are based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Anna Veethi?

The current guideline value of Anna Veethi is Rs 1,876 per sq.ft as per the 2024 revision, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, from Rs 400 per sq.ft in 2012 to Rs 1,876 per sq.ft in 2024, indicating an overall increase of 369% over this period.

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

For a plot of 1,000 sq.ft at the current guideline value, the total stamp duty would be Rs 1,31,320 and the registration fee would be Rs 37,520, totaling Rs 1,68,840.

Which Sub Registrar Office covers Anna Veethi?

The Gandhipuram Sub Registrar Office covers Anna Veethi, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

What is the land classification for Anna Veethi?

Anna Veethi is classified as Residential Class I Type - IV according to the guideline value register.