Guideline Value for Adhidravidar Quarters (22/2A3)

Adhidravidar Quarters (22/2A3) guideline value

The current guideline value for Adhidravidar Quarters (22/2A3) 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 (22/2A3) has changed

The guideline value for Adhidravidar Quarters (22/2A3) has seen several revisions over the years. The earliest recorded figure is from the 2007 revision, which 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 2023 revision maintained the value at Rs 200 per sq.ft, and the 2024 revision also reflects the same rate of Rs 200 per sq.ft. The register has no figures for the years 2002 and 2003 for this street.

From 2017 to 2023, the guideline value increased by 49%, while from 2012 to 2017, it decreased by 33%. The jump from 2007 to 2012 was a notable increase of 300%. Overall, from 2007 to 2024, the guideline value has increased by 300%.

Guideline values in Annur

In Annur, 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 (22/2A3) is below this median.

• Adhidravidar Quarters (22/2A2): Rs 200 per sq.ft (2024)
• Adhidravidar Quarters (22/2A4): Rs 200 per sq.ft (2024)
• Adhidravidar Quarters (22/2A1): Rs 200 per sq.ft (2024)
• Adhidravidar Quarters (22/2A5): Rs 200 per sq.ft (2024)
• Adhi Dravidar Quarters (22/1A3): Rs 200 per sq.ft (2024)
• Adhidravidar Quarters (22/1A2): Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Adhidravidar Quarters (22/2A3)

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 together to Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Adhidravidar Quarters (22/2A3)?

The Sub Registrar Office that covers Adhidravidar Quarters (22/2A3) is the Annur Sub Registrar Office, located at Csr Nagar, Avanashi Road, Annur, Coimbatore - 641 653, in the Coimbatore registration zone. 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 when buying or selling property in Annur. It serves as a reference point for determining the stamp duty and registration fees that need to be paid during the registration process. Buyers and sellers should be aware that the guideline value is used to calculate these fees, ensuring transparency in property transactions.

When registering a property, the guideline value is compared with the sale price, and the higher of the two is used to determine the applicable stamp duty. This ensures that both buyers and sellers are paying the appropriate fees based on the property's assessed value.

Frequently asked questions

What is the current guideline value of Adhidravidar Quarters (22/2A3)?

The current guideline value of Adhidravidar Quarters (22/2A3) 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. It remained at Rs 200 per sq.ft in both the 2023 and 2024 revisions.

What is the land classification for Adhidravidar Quarters (22/2A3)?

Adhidravidar Quarters (22/2A3) falls under the Residential Class I Type - III land classification.

What are the stamp duty and registration fees for this property?

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total fees would be Rs 18,000, which includes stamp duty and registration fees.

Where is the Annur Sub Registrar Office located?

The Annur Sub Registrar Office is located at Csr Nagar, Avanashi Road, Annur, Coimbatore - 641 653, in the Coimbatore registration zone.