Guideline Value for ANNAPOORANA LAYOUT

Annapoorana Layout guideline value

The current guideline value of Annapoorana Layout, located in Ward - D village under the Tiruppur Joint I SRO, is Rs 840 per sq.ft, effective from 1 July 2024. This area falls under the Residential Class IV Type - I land classification.

How the guideline value of Annapoorana Layout has changed

The guideline value for Annapoorana Layout has seen several revisions over the years. The earliest recorded revision was in 2007, with a value of Rs 605 per sq.ft. This increased to Rs 750 per sq.ft in 2012, but then decreased to Rs 502 per sq.ft in 2017. The value rose significantly to Rs 750 per sq.ft again in 2023, and finally reached Rs 840 per sq.ft in the 2024 revision, marking a 12% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 39%. Notably, there are no figures available for the years 2002 and 2003 in the register for this street.

Guideline values in Ward - D

In Ward - D, there are 75 streets under the Tiruppur Joint I SRO, with guideline values ranging from Rs 840 to Rs 4,480 per sq.ft. The median guideline value for these streets is Rs 1,455 per sq.ft, placing Annapoorana Layout's 2024 figure below that median.

• Annapoorana Layout (Appukutti Layout): Rs 840 per sq.ft (2024)
• Chandra Colony: Rs 840 per sq.ft (2024)
• Chandra Colony 1st Street: Rs 840 per sq.ft (2024)
• Chandra Colony 2nd Street: Rs 840 per sq.ft (2024)
• Chenguttuvan Sandhu: Rs 840 per sq.ft (2024)
• Cotton Mill Road: Rs 1,455 per sq.ft (2024)

Stamp duty and registration fee for property in Annapoorana Layout

For a 1,000 sq.ft plot at the current guideline value of Rs 840 per sq.ft, the total guideline value amounts to Rs 8,40,000. The stamp duty at 7% would be Rs 58,800, and the registration fee at 2% would be Rs 16,800, bringing the total cost for these charges to Rs 75,600. 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 Annapoorana Layout?

The Annapoorana Layout is covered by the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward - D

The guideline value is a crucial factor when registering property transactions in Ward - D. It serves as a benchmark for calculating the stamp duty and registration fees that are payable at the time of registration.

When buying or selling property, the guideline value ensures that the transaction is recorded at a legally recognized value, which is essential for both parties involved in the transaction. It helps maintain transparency and standardization in property dealings.

Frequently asked questions

What is the current guideline value of Annapoorana Layout?

The current guideline value of Annapoorana Layout is Rs 840 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 605 per sq.ft in 2007 to Rs 840 per sq.ft in 2024, with several revisions in between, including a decrease to Rs 502 per sq.ft in 2017 and a rise to Rs 750 per sq.ft in 2023.

What is the registration office for Annapoorana Layout?

The registration office for Annapoorana Layout is the Tiruppur Joint I Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, Coimbatore registration zone.

How is stamp duty calculated for property in Annapoorana Layout?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value results in a total of Rs 75,600 for stamp duty and registration fees combined.

What land classification does Annapoorana Layout fall under?

Annapoorana Layout falls under the Residential Class IV Type - I land classification, which is relevant for determining its guideline value.