Guideline Value for ASIRIYAR MANRA NAGAR

Asiriyar Manra Nagar guideline value

The current guideline value of Asiriyar Manra Nagar is Rs 350 per sq.ft, effective from 1 July 2024. This area is located in Anaimalai village, under the Anaimalai SRO, and is classified as Residential Class I Type - I.

How the guideline value of Asiriyar Manra Nagar has changed

The guideline value for Asiriyar Manra Nagar has seen several revisions over the years. The 2007 revision set the rate at Rs 65 per sq.ft, which increased significantly to Rs 350 per sq.ft in the 2012 revision. Following a decrease of 33%, the value dropped to Rs 234 per sq.ft in the 2017 revision. The 2023 revision maintained the value at Rs 350 per sq.ft, and the current 2024 revision also holds the same rate, showing no change from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 438%. There are no figures available for the years 2002 and 2003 for this street in the register.

Guideline values in Anaimalai

A total of 144 streets in Anaimalai under the Anaimalai SRO carry a 2024 guideline value ranging from Rs 200 to Rs 826 per sq.ft, with a median value of Rs 326 per sq.ft. The guideline value of Asiriyar Manra Nagar is above this median.

• Atruppathai: Rs 200 per sq.ft (2024)
• Arasappan Street: Rs 200 per sq.ft (2024)
• Anumandarayar Kovil Street: Rs 326 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 Asiriyar Manra Nagar

For a 1,000 sq.ft plot at the current rate of Rs 350 per sq.ft, the guideline value would be Rs 3,50,000. The stamp duty at 7% would amount to Rs 24,500, and the registration fee at 2% would be Rs 7,000, totaling Rs 31,500. Please note that 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 Asiriyar Manra Nagar?

The Sub Registrar Office that covers Asiriyar Manra Nagar is the Anaimalai Sub Registrar Office, located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Anaimalai. It is used to determine the stamp duty and registration fees applicable to the sale or purchase of property in the area.

When a buyer or seller engages in a transaction, the registration office uses the guideline value to calculate the necessary fees, ensuring that all transactions are conducted in accordance with the regulations set forth by the Registration Department.

Frequently asked questions

What is the current guideline value of Asiriyar Manra Nagar?

The current guideline value of Asiriyar Manra Nagar is Rs 350 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 65 per sq.ft in 2007 to Rs 350 per sq.ft in 2012, then decreased to Rs 234 per sq.ft in 2017, and has remained at Rs 350 per sq.ft in both 2023 and 2024.

What is the median guideline value in Anaimalai?

The median guideline value in Anaimalai is Rs 326 per sq.ft, with Asiriyar Manra Nagar's value being above this median.

What are the stamp duty and registration fees for a property in Asiriyar Manra Nagar?

For a property valued at Rs 3,50,000, the stamp duty would be Rs 24,500 and the registration fee would be Rs 7,000, totaling Rs 31,500.

Which office handles property registrations in Anaimalai?

The Anaimalai Sub Registrar Office handles property registrations in Anaimalai, located at Sub Registrar Office Street, Anaimalai, Coimbatore District- 642104.