Guideline Value for ANSARI STREET

Ansari Street guideline value

The current guideline value of Ansari Street is Rs 500 per sq.ft, effective from 1 July 2024. This street is located in Ward - F village under the Udumalpettai SRO and is classified as Residential Class I Type - III.

How the guideline value of Ansari Street has changed

The guideline value for Ansari Street has seen several revisions over the years. In 2003, the value was Rs 205 per sq.ft, which increased significantly to Rs 450 per sq.ft in 2012. However, it dropped to Rs 301 per sq.ft in 2017 before rising to Rs 450 per sq.ft again in 2023. The most recent revision in 2024 set the value at Rs 500 per sq.ft.

From 2023 to 2024, there was an increase of 11%. The period from 2017 to 2023 saw a substantial rise of 50%. The value decreased by 33% from 2012 to 2017, while there was a significant increase of 120% from 2003 to 2012. Overall, from 2003 to 2024, the guideline value has increased by 144%. The register has no figures for the years 2002 and 2007 for this street.

Guideline values in Ward - F

In Ward - F, there are 41 streets under the Udumalpettai SRO that carry a guideline value for 2024, ranging from Rs 380 to Rs 2,020 per sq.ft. The median guideline value in this area is Rs 475 per sq.ft, placing Ansari Street's 2024 figure above that median.

• Appavu Pillai Layout: Rs 775 per sq.ft (2024)
• Anna Colony: Rs 380 per sq.ft (2024)
• Arumugam Nagar: Rs 610 per sq.ft (2024)
• Andal Srinivasan Lay Out: Rs 380 per sq.ft (2024)
• Gandhi Puram: Rs 380 per sq.ft (2024)
• Good Shed Road: Rs 475 per sq.ft (2024)

Stamp duty and registration fee for property in Ansari Street

For a 1,000 sq.ft plot at the current guideline value of Rs 500 per sq.ft, the total guideline value would be Rs 5,00,000. The stamp duty at 7% would amount to Rs 35,000, and the registration fee at 2% would be Rs 10,000, making the total Rs 45,000. 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 Ansari Street?

The Sub Registrar Office covering Ansari Street is the Udumalpettai Sub Registrar Office, located at 21, Katcheri Street, Taluk Office Campus, Udumalpet-642126, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property in Ward - F. It determines the amount of stamp duty and registration fees that must be paid during the transaction.

Frequently asked questions

What is the current guideline value of Ansari Street?

The current guideline value of Ansari Street is Rs 500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 205 per sq.ft in 2003 to Rs 500 per sq.ft in 2024, with various revisions in between, including Rs 450 in 2012 and Rs 301 in 2017.

What is the median guideline value in Ward - F?

The median guideline value in Ward - F is Rs 475 per sq.ft, with Ansari Street's value of Rs 500 per sq.ft being above this median.

What are the stamp duty and registration fees for property in Ansari Street?

For a 1,000 sq.ft plot valued at Rs 500 per sq.ft, the total guideline value is Rs 5,00,000. The stamp duty would be Rs 35,000 and the registration fee would be Rs 10,000, totaling Rs 45,000.

Where is the Sub Registrar Office for Ansari Street located?

The Sub Registrar Office for Ansari Street is the Udumalpettai Sub Registrar Office, located at 21, Katcheri Street, Taluk Office Campus, Udumalpet-642126, Coimbatore registration zone.