Guideline Value for ANUMANDARAYAR KOVIL STREET

Anumandarayar Kovil Street guideline value

The current guideline value of Anumandarayar Kovil Street is Rs 326 per sq.ft. This street is located in Anaimalai village under the Anaimalai SRO, classified as Residential Class II Type - I.

How the guideline value of Anumandarayar Kovil Street has changed

In the 2002 revision, the guideline value was Rs 91 per sq.ft. It increased to Rs 115 per sq.ft in 2007, marking a significant rise of 26%. The value then saw a substantial increase of 183% to reach Rs 325 per sq.ft in 2012. However, from 2012 to 2017, there was a decrease of 33%, bringing the value down to Rs 218 per sq.ft. The 2023 revision maintained the value at Rs 326 per sq.ft, and the same value was retained in the 2024 revision, indicating no change between these two years. The register has no figure for this street in 2003.

Overall, from 2002 to 2024, the guideline value has increased by 258%, reflecting the changes across the various revisions. The most notable jump occurred between 2017 and 2023, with an increase of 50% from Rs 218 per sq.ft to Rs 326 per sq.ft.

Guideline values in Anaimalai

Anaimalai village has a total of 144 streets under the Anaimalai SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 826 per sq.ft. The median guideline value for these streets is Rs 326 per sq.ft, which aligns with the current value for Anumandarayar Kovil Street.

• Arasappan Street: Rs 200 per sq.ft (2024)
• Asiriyar Manra Nagar: Rs 350 per sq.ft (2024)
• Atruppathai: Rs 200 per sq.ft (2024)
• Balaji Nagar: Rs 234 per sq.ft (2024)
• Bright Garden: Rs 326 per sq.ft (2024)
• Brindavan Nagar: Rs 350 per sq.ft (2024)

Stamp duty and registration fee for property in Anumandarayar Kovil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 326 per sq.ft, the total guideline value would be Rs 3,26,000. The stamp duty at 7% would amount to Rs 22,820, and the registration fee at 2% would be Rs 6,520, making the total charges together Rs 29,340. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Anumandarayar Kovil Street?

The Sub Registrar Office that covers Anumandarayar Kovil Street is the Anaimalai Sub Registrar Office, located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104, 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 Anaimalai

The guideline value is an essential factor in property transactions in Anaimalai, as it determines the minimum value at which properties can be registered. Buyers and sellers must consider this value when negotiating sale prices, as the registration fees and stamp duties are calculated based on the guideline value or the sale price, whichever is higher.

When a property is sold, the buyer must ensure that the transaction adheres to the guideline value set by the Registration Department. This ensures that the property is valued accurately, and the appropriate taxes and fees are paid during the registration process.

Frequently asked questions

What is the current guideline value for Anumandarayar Kovil Street?

The current guideline value for Anumandarayar Kovil Street is Rs 326 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various changes, increasing from Rs 91 per sq.ft in 2002 to Rs 326 per sq.ft in 2024, representing an overall increase of 258%.

What is the land classification for Anumandarayar Kovil Street?

Anumandarayar Kovil Street is classified as Residential Class II Type - I.

Where is the Sub Registrar Office located for this street?

The Sub Registrar Office for Anumandarayar Kovil Street is located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104, Coimbatore registration zone.

How is the stamp duty calculated for properties in Anaimalai?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 3,26,000, the stamp duty would be Rs 22,820 at 7%.