Guideline Value for ANNGA PANNADI ST

Annga Pannadi St guideline value

The current guideline value of Annga Pannadi St is Rs 220 per sq.ft, effective from 1 July 2024. This street is located in Vedapatti village under the Thondamuthur SRO and is classified as Residential Class II Type - II.

How the guideline value of Annga Pannadi St has changed

The guideline value for Annga Pannadi St has seen several revisions over the years. In 2007, the value was Rs 75 per sq.ft, which increased significantly to Rs 200 per sq.ft in 2012, marking a 167% rise. However, it then decreased to Rs 134 per sq.ft in 2017, reflecting a 33% drop. The value surged again to Rs 200 per sq.ft in 2023, and finally, it reached Rs 220 per sq.ft in 2024, which is a 10% increase from the previous year.

The register has no figures for the years 2002 and 2003 for Annga Pannadi St. Overall, from 2007 to 2024, the guideline value has increased by 193%.

Guideline values in Vedapatti

In Vedapatti, there are 48 streets under the Thondamuthur SRO with a 2024 guideline value ranging from Rs 140 to Rs 1,790 per sq.ft. The median value is Rs 220 per sq.ft, which is equal to the guideline value of Annga Pannadi St.

• Annai Indira St: Rs 220 per sq.ft (2024)
• Angppa Pannadi St: Rs 335 per sq.ft (2024)
• Arul Kamachi Nagar: Rs 220 per sq.ft (2024)
• Ayyavu Nager: Rs 335 per sq.ft (2024)
• Aalagirisami Lane: Rs 220 per sq.ft (2024)
• Bhasiyam Naidu Lane: Rs 140 per sq.ft (2024)

Stamp duty and registration fee for property in Annga Pannadi St

For a 1,000 sq.ft plot at the current rate of Rs 220 per sq.ft, the guideline value amounts to Rs 2,20,000. The stamp duty at 7% would be Rs 15,400, and the registration fee at 2% would be Rs 4,400, leading to a total of Rs 19,800. 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 Annga Pannadi St?

Annga Pannadi St falls under the Thondamuthur Sub Registrar Office, located at 5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Perur Taluk, Coimbatore- 641 108, Coimbatore registration zone. You can find your SRO for additional information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Vedapatti. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these charges are based on a standard valuation set by the government.

When a property is sold, the buyer must pay the stamp duty and registration fees based on the higher of the guideline value or the sale price. This practice helps maintain transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Annga Pannadi St?

The current guideline value of Annga Pannadi St is Rs 220 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 75 per sq.ft in 2007 to Rs 220 per sq.ft in 2024, showing an overall increase of 193% over the years.

What is the stamp duty for property in Annga Pannadi St?

The stamp duty for property in Annga Pannadi St is calculated at 7% of the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office do I need to visit for transactions in Annga Pannadi St?

The Thondamuthur Sub Registrar Office covers Annga Pannadi St. It is located at 5/33, Chinnammal Complex, Mappillai Gounder Thottam, Narasipuram Main Road, Thondamuthur, Perur Taluk, Coimbatore- 641 108.

What is the median guideline value in Vedapatti?

The median guideline value in Vedapatti is Rs 220 per sq.ft, which is the same as the guideline value for Annga Pannadi St.