Guideline Value for ANUMANDHARAYAR KOIL STREET

Anumandharayar Koil Street guideline value

The current guideline value of Anumandharayar Koil Street is Rs 280 per sq.ft, effective from 1 July 2024. This street is located in Chettipalayam village, under the Kinathukkadavu SRO, and is classified as Residential Class I Type - I.

How the guideline value of Anumandharayar Koil Street has changed

The guideline value for Anumandharayar Koil Street has seen several revisions over the years. The earliest recorded figure is from 2012, where the guideline value was Rs 250 per sq.ft. In 2017, it decreased to Rs 167 per sq.ft, marking a decline of 33%. However, by 2023, the value increased significantly to Rs 250 per sq.ft, and in the latest revision for 2024, it rose again to Rs 280 per sq.ft, reflecting an increase of 12% from the previous year.

There are no recorded figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 12%.

Guideline values in Chettipalayam

In Chettipalayam, there are 158 streets under the Kinathukkadavu SRO that carry a 2024 guideline value ranging from Rs 225 to Rs 680 per sq.ft, with the median value being Rs 280 per sq.ft. Anumandharayar Koil Street's 2024 guideline value aligns perfectly with this median.

• Annan Nagar: Rs 225 per sq.ft (2024)
• Arasupaniyalar Nagar: Rs 280 per sq.ft (2024)
• Archid Paradise: Rs 280 per sq.ft (2024)
• Arijana Kalani: Rs 225 per sq.ft (2024)
• Arputham Nagar: Rs 280 per sq.ft (2024)
• Annai Nagar: Rs 280 per sq.ft (2024)

Stamp duty and registration fee for property in Anumandharayar Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 280 per sq.ft, the total guideline value amounts to Rs 2,80,000. The stamp duty at 7% would be Rs 19,600, and the registration fee at 2% would be Rs 5,600, bringing the total fees to Rs 25,200. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anumandharayar Koil Street?

Anumandharayar Koil Street falls under the jurisdiction of the Kinathukkadavu Sub Registrar Office, located at 151 Coimbatore To Pollachi Main Road, Kinathukadavu- 642109, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Chettipalayam. It serves as a benchmark for determining the minimum value of a property for registration purposes. This value is used to calculate the stamp duty and registration fees that buyers must pay when purchasing property.

When selling a property, the guideline value helps ensure that the sale price is reflective of the market standards set by the local government. Buyers and sellers must be aware of this value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Anumandharayar Koil Street?

The current guideline value of Anumandharayar Koil Street is Rs 280 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 250 per sq.ft in 2012 to Rs 167 per sq.ft in 2017, then back to Rs 250 per sq.ft in 2023, and currently to Rs 280 per sq.ft in 2024.

What is the land classification of Anumandharayar Koil Street?

Anumandharayar Koil Street is classified as Residential Class I Type - I.

Where can I find the registration office for Anumandharayar Koil Street?

The registration office for Anumandharayar Koil Street is the Kinathukkadavu Sub Registrar Office, located at 151 Coimbatore To Pollachi Main Road, Kinathukadavu- 642109, Coimbatore registration zone.

How is stamp duty calculated for properties in Anumandharayar Koil Street?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 2,80,000, the stamp duty at 7% would be Rs 19,600.