Guideline Value for Adhidravidar Quarters (22/1A1)

Adhidravidar Quarters (22/1A1) guideline value

The current guideline value of Adhidravidar Quarters (22/1A1) is Rs 200 per sq.ft. This property is located in Annur village, under the Annur SRO, and falls under the Residential Class I Type - III land classification.

How the guideline value of Adhidravidar Quarters (22/1A1) has changed

The guideline value for Adhidravidar Quarters (22/1A1) has seen several revisions over the years. The earliest recorded value was Rs 50 per sq.ft in 2007, which increased significantly to Rs 200 per sq.ft in 2012. However, it then decreased to Rs 134 per sq.ft in 2017 before rising again to Rs 200 per sq.ft in both 2023 and the upcoming 2024 revision.

Specifically, from 2017 to 2023, there was a notable increase of 49%. The overall change from 2007 to 2024 reflects a substantial increase of 300%. It's important to note that the register has no figures for the years 2002 and 2003 regarding this street.

Guideline values in Annur

In Annur, there are 225 streets under the Annur SRO that have a 2024 guideline value ranging from Rs 200 to Rs 1,000 per sq.ft, with a median value of Rs 350 per sq.ft. The guideline value for Adhidravidar Quarters (22/1A1) is below this median.

• Adhidravidar Quarters (22/1A2): Rs 200 per sq.ft (2024)
• Adhi Dravidar Quarters (22/1A3): Rs 200 per sq.ft (2024)
• Adhidravidar Quarters (22/2A1): Rs 200 per sq.ft (2024)
• Adhidravidar Quarters (22/2A2): Rs 200 per sq.ft (2024)
• Adhidravidar Quarters (22/2A3): Rs 200 per sq.ft (2024)
• Adhidravidar Quarters (22/2A4): Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Adhidravidar Quarters (22/1A1)

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total fees to Rs 18,000. 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 Adhidravidar Quarters (22/1A1)?

The Sub Registrar Office covering Adhidravidar Quarters (22/1A1) is the Annur Sub Registrar Office, located at Csr Nagar, Avanashi Road, Annur, Coimbatore - 641 653. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Annur. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is sold, the buyer must pay the stamp duty based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Adhidravidar Quarters (22/1A1)?

The current guideline value of Adhidravidar Quarters (22/1A1) is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 50 per sq.ft in 2007 to Rs 200 per sq.ft in 2012, decreased to Rs 134 per sq.ft in 2017, and has remained at Rs 200 per sq.ft in the 2023 and 2024 revisions.

What is the stamp duty for property in Adhidravidar Quarters (22/1A1)?

The stamp duty for property in Adhidravidar Quarters (22/1A1) is 7% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot, this amounts to Rs 14,000.

Which Sub Registrar Office covers this area?

The Annur Sub Registrar Office covers Adhidravidar Quarters (22/1A1) and is located at Csr Nagar, Avanashi Road, Annur, Coimbatore - 641 653.

What is the land classification for Adhidravidar Quarters (22/1A1)?

The land classification for Adhidravidar Quarters (22/1A1) is Residential Class I Type - III.