Guideline Value for ANUGRAKHA PHASE-I

Anugrakha Phase-I guideline value

The current guideline value of Anugrakha Phase-I is Rs 840 per sq.ft, effective from 1 July 2024. This property is located in Nallur village, falling under the Nallur_Tiruppur SRO, and is classified as Mixed Special Type - I.

How the guideline value of Anugrakha Phase-I has changed

The guideline value for Anugrakha Phase-I has seen several revisions over the years. The most recent revision in 2024 set the guideline value at Rs 840 per sq.ft, an increase from Rs 750 per sq.ft in 2023, marking a change of +12%. Prior to that, in 2017, the guideline value was Rs 502 per sq.ft, which means there was a significant increase of +49% from 2017 to 2023. Overall, from 2017 to 2024, the guideline value has increased by +67%. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

In summary, the guideline value has evolved from Rs 502 per sq.ft in 2017 to Rs 840 per sq.ft in 2024. This reflects the changes in the real estate landscape and the classification of the land in Nallur village.

Guideline values in Nallur

In Nallur, there are 280 streets under the Nallur_Tiruppur SRO, with guideline values ranging from Rs 700 to Rs 1,764 per sq.ft, and the median value is Rs 714 per sq.ft. Anugrakha Phase-I's 2024 guideline value of Rs 840 per sq.ft is above the median for the village.

• Arasu Paniyalar Nagar: Rs 700 per sq.ft (2024)
• Annanagar: Rs 714 per sq.ft (2024)
• Annai Vigneswara Nagar: Rs 708 per sq.ft (2024)
• Aruljothi Garden: Rs 708 per sq.ft (2024)
• Aruljothi Nagar: Rs 712 per sq.ft (2024)
• Annai Balaji Garden: Rs 714 per sq.ft (2024)

Stamp duty and registration fee for property in Anugrakha Phase-I

For a 1,000 sq.ft plot at the current rate of Rs 840 per sq.ft, the 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, totaling Rs 75,600. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anugrakha Phase-I?

The Sub Registrar Office that covers Anugrakha Phase-I is the Nallur_Tiruppur Sub Registrar Office, located near Hotel Riverview, Nagapattinam 611002, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in real estate transactions in Nallur. It serves as a benchmark for calculating the stamp duty and registration fees when a property is bought or sold. This value is determined by the local government and is updated periodically to reflect changes in the market.

When registering a property, buyers must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions within the region.

Frequently asked questions

What is the current guideline value of Anugrakha Phase-I?

The current guideline value of Anugrakha Phase-I is Rs 840 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 502 per sq.ft in 2017 to Rs 840 per sq.ft in 2024, reflecting a total increase of +67% over this period.

What is the land classification of Anugrakha Phase-I?

Anugrakha Phase-I is classified as Mixed Special Type - I, which influences its guideline value and land use regulations.

What are the stamp duty and registration fees for Anugrakha Phase-I?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would be Rs 75,600, based on the applicable rates.

Where can I find the Sub Registrar Office for Anugrakha Phase-I?

The Nallur_Tiruppur Sub Registrar Office covers Anugrakha Phase-I and is located near Hotel Riverview, Nagapattinam 611002, Coimbatore registration zone.