Guideline Value for Anagadevar Street

Anagadevar Street guideline value

The current guideline value of Anagadevar Street is Rs 385 per sq.ft, effective from 1 July 2024. This street is located in Ottarpalayam village, under the Singanallur SRO, and falls under the Residential Class II Type - I land classification.

How the guideline value of Anagadevar Street has changed

The guideline value for Anagadevar Street has undergone several revisions over the years. The earliest available figure is from 2012, where the value was Rs 350 per sq.ft. This was followed by a decrease in 2017 to Rs 234 per sq.ft, marking a decline of 33%. However, in 2023, the value increased significantly to Rs 350 per sq.ft, and in the latest revision for 2024, it has risen to Rs 385 per sq.ft, reflecting a 10% increase from the previous year.

Between 2017 and 2023, the guideline value increased by 50%. Overall, from 2012 to 2024, the guideline value has seen a net increase of 10%. It is important to note that there are no available figures for the years 2002, 2003, and 2007 in the register for Anagadevar Street.

Guideline values in Ottarpalayam

In Ottarpalayam village, there are 92 streets under the Singanallur SRO that carry a 2024 guideline value ranging from Rs 255 to Rs 1,500 per sq.ft, with a median value of Rs 495 per sq.ft. Anagadevar Street's guideline value of Rs 385 per sq.ft is below this median.

• Andal Nagar: Rs 405 per sq.ft (2024)
• Angappan veethy: Rs 385 per sq.ft (2024)
• Agathiyar Nagar: Rs 385 per sq.ft (2024)
• Agathiar veethy: Rs 495 per sq.ft (2024)
• Aadhini Avenue: Rs 825 per sq.ft (2024)
• Arul Murugan Nagar (382): Rs 825 per sq.ft (2024)

Stamp duty and registration fee for property in Anagadevar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 385 per sq.ft, the total guideline value would be Rs 3,85,000. The stamp duty at 7% would amount to Rs 26,950, and the registration fee at 2% would be Rs 7,700, bringing the total cost to Rs 34,650. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anagadevar Street?

Anagadevar Street falls under the jurisdiction of the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for further assistance.

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

The guideline value is a critical factor in property transactions in Ottarpalayam. When buying or selling property, the guideline value serves as a benchmark for determining the stamp duty and registration fees that need to be paid. This ensures that all transactions are conducted transparently and fairly, based on the established values set by the Registration Department.

It is essential for buyers and sellers to be aware of the guideline value applicable to their property, as it directly influences the overall cost of the transaction. The guideline value is updated periodically, reflecting changes in the real estate market and local regulations.

Frequently asked questions

What is the current guideline value of Anagadevar Street?

The current guideline value of Anagadevar Street is Rs 385 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 350 per sq.ft in 2012 to Rs 234 per sq.ft in 2017, then to Rs 350 per sq.ft in 2023, and finally to Rs 385 per sq.ft in 2024.

What is the land classification of Anagadevar Street?

Anagadevar Street is classified as Residential Class II Type - I.

Where is the Singanallur SRO located?

The Singanallur Sub Registrar Office is located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone.

What are the stamp duty and registration fees for a property in Anagadevar Street?

For a property valued at Rs 3,85,000, the stamp duty would be Rs 26,950, and the registration fee would be Rs 7,700, totaling Rs 34,650.