Guideline Value for ANNAI GARDENS

Annai Gardens guideline value

The current guideline value of Annai Gardens, located in Pattanam village under the Singanallur SRO, is Rs 635 per sq.ft, effective from 1 July 2024. This area is classified as Residential Special Type - IV.

How the guideline value of Annai Gardens has changed

In the 2023 revision, the guideline value for Annai Gardens was Rs 575 per sq.ft. This marks a 10% increase to the current value of Rs 635 per sq.ft in the 2024 revision. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

As we look back, the 2024 revision shows a significant increase from the previous year's figure. The guideline value rose from Rs 575 per sq.ft in 2023 to Rs 635 per sq.ft in 2024, reflecting a notable change in the valuation for this residential area.

Guideline values in Pattanam

In Pattanam, a total of 220 streets fall under the Singanallur SRO, with guideline values ranging from Rs 165 to Rs 1,815 per sq.ft. The median guideline value in this village is Rs 220 per sq.ft, placing Annai Gardens above this median with its current value of Rs 635 per sq.ft.

• Annai Increte Nagar: Rs 220 per sq.ft (2024)
• Annai Surammal Nagar: Rs 165 per sq.ft (2024)
• Angel Garden: Rs 165 per sq.ft (2024)
• Andal Garden: Rs 220 per sq.ft (2024)
• Amman Nagar, Extension: Rs 330 per sq.ft (2024)
• Amman Nagar: Rs 330 per sq.ft (2024)

Stamp duty and registration fee for property in Annai Gardens

For a 1,000 sq.ft plot at the current guideline value of Rs 635 per sq.ft, the total guideline value amounts to Rs 6,35,000. The stamp duty at 7% would be Rs 44,450, and the registration fee at 2% would be Rs 12,700, totaling Rs 57,150. It is important to note that 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 Annai Gardens?

The Sub Registrar Office that covers Annai Gardens is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Pattanam, as it determines the minimum value at which properties can be registered. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, ensuring compliance with local regulations.

During the registration process, the buyer must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the transaction is officially recorded and that the appropriate taxes are collected by the government.

Frequently asked questions

What is the current guideline value of Annai Gardens?

The current guideline value of Annai Gardens is Rs 635 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 575 per sq.ft in 2023 to Rs 635 per sq.ft in 2024, reflecting a 10% rise. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification of Annai Gardens?

Annai Gardens is classified as Residential Special Type - IV, indicating its designation for residential development under local regulations.

What are the stamp duty and registration fees for property in Annai Gardens?

For a property valued at Rs 6,35,000, the stamp duty would be Rs 44,450, and the registration fee would be Rs 12,700, totaling Rs 57,150. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles registrations for Annai Gardens?

The Singanallur Sub Registrar Office handles registrations for Annai Gardens, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.