Guideline Value for Adhidravidar Quarters (22/2A1)

Adhidravidar Quarters (22/2A1) guideline value

The current guideline value for Adhidravidar Quarters (22/2A1) is Rs 200 per sq.ft, effective from 1 July 2024. 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 (22/2A1) has changed

The guideline value for Adhidravidar Quarters (22/2A1) has seen several revisions over the years. The earliest recorded figure is from the 2007 revision, where the guideline value was Rs 50 per sq.ft. This increased significantly to Rs 200 per sq.ft in the 2012 revision, then decreased to Rs 134 per sq.ft in 2017. The value remained at Rs 200 per sq.ft in both the 2023 and 2024 revisions, showing no change from 2023 to 2024, while there was a 49% increase from 2017 to 2023.

Looking at the changes, the guideline value rose from Rs 50 per sq.ft in 2007 to Rs 200 per sq.ft in 2012, marking a substantial increase of 300%. However, it then dropped to Rs 134 per sq.ft in 2017, a decrease of 33%. Overall, from 2007 to 2024, the guideline value has increased by 300%.

Guideline values in Annur

In Annur village, there are 225 streets under the Annur SRO that carry 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 (22/2A1) is below this median.

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

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, charged at 7%, would be Rs 14,000, while the registration fee at 2% would be Rs 4,000, bringing the total fees to Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for more accurate calculations based on your specific property details.

Which Sub Registrar Office covers Adhidravidar Quarters (22/2A1)?

The Sub Registrar Office that covers Adhidravidar Quarters (22/2A1) is the Annur Sub Registrar Office, located at Csr Nagar, Avanashi Road, Annur, Coimbatore - 641 653, within the Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor during property registration in Annur. It serves as a benchmark for determining the stamp duty and registration fees applicable on property transactions. Buyers and sellers must consider this value to ensure compliance with local regulations and to calculate the necessary fees accurately.

When buying or selling property, the guideline value can impact the overall transaction cost significantly. It is advisable to be aware of the current guideline value to avoid any surprises during the registration process.

Frequently asked questions

What is the current guideline value for Adhidravidar Quarters (22/2A1)?

The current guideline value for Adhidravidar Quarters (22/2A1) 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, then decreased to Rs 134 per sq.ft in 2017, and remained at Rs 200 per sq.ft in 2023 and 2024.

What is the land classification of Adhidravidar Quarters (22/2A1)?

Adhidravidar Quarters (22/2A1) falls under the Residential Class I Type - III land classification.

What are the stamp duty and registration fees for a property in Adhidravidar Quarters (22/2A1)?

For a 1,000 sq.ft plot, the total guideline value is 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, totaling Rs 18,000.

Which office handles registrations for properties in Annur?

The Annur Sub Registrar Office handles registrations for properties in Annur, located at Csr Nagar, Avanashi Road, Annur, Coimbatore - 641 653.