Guideline Value for ANNAI THANGAMMAL NAGAR

Annai Thangammal Nagar guideline value

The current guideline value of Annai Thangammal Nagar is Rs 1,010 per sq.ft, effective from 1 July 2024. This area is located in Ganapathy village, under the Ganapathy SRO, and is classified as Residential Class I Type - III.

How the guideline value of Annai Thangammal Nagar has changed

The guideline value for Annai Thangammal Nagar has seen significant changes over the years. In the 2017 revision, the value was Rs 502 per sq.ft. This figure increased to Rs 1,000 per sq.ft in the 2023 revision, marking a 99% rise. The most recent revision in 2024 set the value at Rs 1,010 per sq.ft, reflecting a 1% increase from the previous year.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 101%.

Guideline values in Ganapathy

In Ganapathy village, there are 324 streets under the Ganapathy SRO that carry a 2024 guideline value ranging from Rs 1,007 to Rs 4,595 per sq.ft, with a median value of Rs 1,120 per sq.ft. The guideline value for Annai Thangammal Nagar is below this median.

• Annai Velankanninagar And Extension: Rs 1,010 per sq.ft (2024)
• Annai Abirami Nagar: Rs 1,007 per sq.ft (2024)
• Anna Nagar Eastside 1,2,3,4 Street: Rs 1,010 per sq.ft (2024)
• Anna Nagar (Jawahar Nagar): 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)

Stamp duty and registration fee for property in Annai Thangammal Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,010 per sq.ft, the total guideline value amounts to Rs 10,10,000. The stamp duty at 7% would be Rs 70,700, and the registration fee at 2% would be Rs 20,200, bringing the total fees to Rs 90,900. It is important to note that 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 Thangammal Nagar?

The Sub Registrar Office that covers Annai Thangammal 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 crucial 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 considered to ensure that the appropriate taxes are collected. Buyers and sellers should be aware of the guideline value in their area to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value of Annai Thangammal Nagar?

The current guideline value of Annai Thangammal Nagar is Rs 1,010 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed in recent years?

Since the 2017 revision, the guideline value has increased by 101% to the current value of Rs 1,010 per sq.ft in 2024. The value rose from Rs 502 per sq.ft in 2017 to Rs 1,000 per sq.ft in 2023.

What is the land classification of Annai Thangammal Nagar?

Annai Thangammal Nagar is classified as Residential Class I Type - III, indicating its suitability for residential development.

Where can I find the Ganapathy Sub Registrar Office?

The Ganapathy Sub Registrar Office is located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006.

How is stamp duty calculated for properties in Annai Thangammal Nagar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 10,10,000 would incur a stamp duty of Rs 70,700 at 7%.