Guideline Value for ARIGNAR ANNA NAGAR

Arignar Anna Nagar guideline value

The current guideline value of Arignar Anna Nagar is Rs 1,050 per sq.ft, effective from 1 July 2024. This area is located in Coimbatore village, under the Coimbatore North Joint 1 SRO, and is classified as Residential Special Type - III.

How the guideline value of Arignar Anna Nagar has changed

The guideline value of Arignar Anna Nagar has undergone several revisions over the years. The earliest recorded figure is from 2012, where the guideline value was Rs 500 per sq.ft. This increased to Rs 335 per sq.ft in 2017, marking a decrease of 33%. However, from 2017 to 2023, the value rose significantly to Rs 1,000 per sq.ft, representing a 199% increase. The most recent revision in 2024 set the value at Rs 1,050 per sq.ft, reflecting a 5% increase from the previous year.

The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Coimbatore

In Coimbatore, there are 52 streets under the Coimbatore North Joint 1 SRO that have a 2024 guideline value ranging from Rs 1,000 to Rs 1,905 per sq.ft, with a median value of Rs 1,038 per sq.ft. The guideline value for Arignar Anna Nagar is above this median.

• Arul Nagar: Rs 1,015 per sq.ft (2024)
• Anna Nagar: Rs 1,040 per sq.ft (2024)
• Anbu Nagar: Rs 1,015 per sq.ft (2024)
• Azad Nagar: Rs 1,030 per sq.ft (2024)
• Al-Amin Colony: Rs 1,050 per sq.ft (2024)
• BILAL ESTATE IInd STREET: Rs 1,025 per sq.ft (2024)

Stamp duty and registration fee for property in Arignar Anna Nagar

For a 1,000 sq.ft plot at the current rate of Rs 1,050 per sq.ft, the guideline value amounts to Rs 10,50,000. The stamp duty at 7% would be Rs 73,500, and the registration fee at 2% would be Rs 21,000, totaling Rs 94,500. 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 Arignar Anna Nagar?

The Sub Registrar Office that covers Arignar Anna Nagar is the Coimbatore North Joint 1 Sub Registrar Office, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore - 641001. You can find your SRO for more information.

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

The guideline value is a critical factor during the registration process of property transactions in Coimbatore. It serves as a benchmark for determining the stamp duty and registration fees that must be paid, ensuring that these costs are calculated based on an official value set by the authorities.

When buying or selling property, the guideline value helps both parties understand the minimum value at which the property should be registered. This ensures transparency and compliance with local regulations, as the registration must reflect either the guideline value or the actual sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Arignar Anna Nagar?

The current guideline value of Arignar Anna Nagar is Rs 1,050 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2012 to Rs 1,050 per sq.ft in 2024, with various increases and one decrease in between.

What is the land classification for Arignar Anna Nagar?

Arignar Anna Nagar is classified as Residential Special Type - III.

Where can I find the Sub Registrar Office for Arignar Anna Nagar?

The Sub Registrar Office for Arignar Anna Nagar is located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore - 641001.

How is stamp duty calculated for property in Arignar Anna Nagar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 1,050 per sq.ft, the total guideline value would be Rs 10,50,000, leading to a stamp duty of Rs 73,500.