Guideline Value for ANNAI ABIRAMI NAGAR

Annai Abirami Nagar guideline value

The current guideline value of Annai Abirami Nagar is Rs 1,007 per sq.ft, effective from 1 July 2024. This street is located in Ganapathy village, under the Ganapathy SRO, and is classified as Residential Class II Type - III.

How the guideline value of Annai Abirami Nagar has changed

The guideline value for Annai Abirami Nagar has undergone several revisions over the years. The earliest recorded value was Rs 250 per sq.ft in 2007, which increased to Rs 750 per sq.ft in 2012. However, between 2012 and 2017, the value decreased by 33% to Rs 502 per sq.ft. The subsequent revision in 2017 saw a significant increase of 99%, bringing the value to Rs 1,000 per sq.ft in 2023. The most recent revision in 2024 has further increased the value by 1% to Rs 1,007 per sq.ft.

There are no recorded figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 303%.

Guideline values in Ganapathy

In Ganapathy village, there are 324 streets under the Ganapathy SRO that carry a guideline value for 2024, ranging from Rs 1,007 to Rs 4,595 per sq.ft. The median guideline value for these streets is Rs 1,120 per sq.ft, placing Annai Abirami Nagar's 2024 figure below the median.

• Annai Thangammal Nagar: Rs 1,010 per sq.ft (2024)
• Annai Velankanninagar And Extension: Rs 1,010 per sq.ft (2024)
• Anc Avenue: Rs 3,920 per sq.ft (2024)
• Anbu Nagar.Balaji Nagar: Rs 1,010 per sq.ft (2024)
• Anbu Nagar: Rs 1,010 per sq.ft (2024)
• Anna Nagar Eastside 1,2,3,4 Street: Rs 1,010 per sq.ft (2024)

Stamp duty and registration fee for property in Annai Abirami Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,007 per sq.ft, the total guideline value is Rs 10,07,000. The stamp duty at 7% amounts to Rs 70,490, and the registration fee at 2% is Rs 20,140, bringing the total charges to Rs 90,630. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Annai Abirami Nagar?

The Sub Registrar Office covering Annai Abirami Nagar is the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006. You can find your SRO for more information.

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

The guideline value is a key factor in the registration process when buying or selling property in Ganapathy. 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 registration fees reflect the value of the property being transferred.

Frequently asked questions

What is the current guideline value of Annai Abirami Nagar?

The current guideline value of Annai Abirami Nagar is Rs 1,007 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 250 per sq.ft in 2007 to Rs 1,007 per sq.ft in 2024, reflecting an overall increase of 303% over the years.

What is the stamp duty for property in Annai Abirami Nagar?

The stamp duty for property in Annai Abirami Nagar is calculated at 7% of the guideline value or sale price, whichever is higher.

Which office handles property registrations in Ganapathy?

The Ganapathy Sub Registrar Office handles property registrations in Ganapathy. It is located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006.

What is the median guideline value in Ganapathy?

The median guideline value for streets in Ganapathy is Rs 1,120 per sq.ft, with Annai Abirami Nagar's value being below this median at Rs 1,007 per sq.ft.