Guideline Value for ANNAMALAI GARDEN

Annamalai Garden guideline value

The current guideline value of Annamalai Garden is Rs 300 per sq.ft. It is located in Sarkarsamakulam village and falls under the Periyanayakkan Palayam SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Annamalai Garden has changed

Looking at the historical revisions, the guideline value for Annamalai Garden was Rs 300 per sq.ft in 2012. This figure remained unchanged through the 2012 revision until it dropped to Rs 201 per sq.ft in the 2017 revision. However, in the latest 2023 revision, the guideline value increased significantly to Rs 300 per sq.ft again.

From the 2017 revision to the 2023 revision, there was a notable increase of 49%. In contrast, the change from the 2012 revision to the 2017 revision saw a decrease of 33%. Overall, comparing the 2012 revision to the 2023 revision, the guideline value remained the same at Rs 300 per sq.ft.

Guideline values in Sarkarsamakulam

Currently, there are no specific village figures available for Sarkarsamakulam. Annamalai Garden is one of the streets under the Periyanayakkan Palayam SRO.

Stamp duty and registration fee for property in Annamalai Garden

For a 1,000 sq.ft plot at the current rate of Rs 300 per sq.ft, the guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, totaling Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Annamalai Garden?

The Sub Registrar Office that covers Annamalai Garden is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, Coimbatore registration zone.

To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor when registering property in Sarkarsamakulam. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory expenses in the transaction process. Buyers should be aware that these costs are based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Annamalai Garden?

The current guideline value of Annamalai Garden is Rs 300 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

From the 2012 revision to the 2017 revision, the guideline value decreased from Rs 300 to Rs 201 per sq.ft. However, it increased back to Rs 300 per sq.ft in the 2023 revision.

What is the stamp duty rate for properties in Annamalai Garden?

The stamp duty rate for properties in Annamalai Garden is 7% of the guideline value or sale price, whichever is higher.

What are the registration fees for properties in Annamalai Garden?

The registration fee for properties in Annamalai Garden is 2% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Annamalai Garden?

The Sub Registrar Office for Annamalai Garden is located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, Coimbatore registration zone.