Guideline Value for Anaingkadu Street

Anaingkadu Street guideline value

The current guideline value of Anaingkadu Street is Rs 1,680 per sq.ft, effective from 1 July 2024. This street is located in Uppilipalayam village under the Singanallur SRO, classified as Residential Special Type - III.

How the guideline value of Anaingkadu Street has changed

The guideline value for Anaingkadu Street has seen several revisions over the years. The 2012 revision set the value at Rs 1,500 per sq.ft, which was then reduced to Rs 1,005 per sq.ft in the 2017 revision. However, this was followed by a significant increase to Rs 1,500 per sq.ft in the 2023 revision, and further to Rs 1,680 per sq.ft in the 2024 revision, marking a 12% increase from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 12%. The changes from 2017 to 2023 reflect a 49% increase, while the 2012 to 2017 period saw a decrease of 33%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Uppilipalayam

In Uppilipalayam, there are 361 streets under the Singanallur SRO, with guideline values ranging from Rs 1,001 to Rs 6,160 per sq.ft. The median guideline value for the village is Rs 1,232 per sq.ft, positioning Anaingkadu Street's 2024 figure above this median.

• Andal Ammal Layout: Rs 1,232 per sq.ft (2024)
• Andal Nagar: Rs 1,120 per sq.ft (2024)
• Andal Street 1,2: Rs 1,232 per sq.ft (2024)
• Angammal layout: Rs 1,120 per sq.ft (2024)
• Ambekhar street: Rs 1,002 per sq.ft (2024)
• Annai Maria Appartments: Rs 2,016 per sq.ft (2024)

Stamp duty and registration fee for property in Anaingkadu Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,680 per sq.ft, the total guideline value would be Rs 16,80,000. The stamp duty at 7% would amount to Rs 1,17,600, and the registration fee at 2% would be Rs 33,600, bringing the total fees together to Rs 1,51,200. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Anaingkadu Street?

The Sub Registrar Office that covers Anaingkadu Street is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, 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 Uppilipalayam

The guideline value is a crucial factor in property transactions in Uppilipalayam, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices, as the registration fees and stamp duties are calculated based on the guideline value or the sale price, whichever is higher.

When registering a property, the guideline value ensures that the transaction is documented at a fair value, which is essential for legal and taxation purposes. It is advisable for both parties to be aware of the current guideline value to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Anaingkadu Street?

The current guideline value of Anaingkadu Street is Rs 1,680 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,005 per sq.ft in 2017, then increased to Rs 1,500 per sq.ft in 2023, and finally to Rs 1,680 per sq.ft in 2024.

What is the median guideline value in Uppilipalayam?

The median guideline value in Uppilipalayam is Rs 1,232 per sq.ft, with Anaingkadu Street's 2024 figure being above this median.

What office handles registrations for Anaingkadu Street?

The Singanallur Sub Registrar Office handles registrations for Anaingkadu Street, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.

How are stamp duties calculated in Tamil Nadu?

Stamp duties in Tamil Nadu are calculated based on the guideline value or the sale price of the property, whichever is higher. A standard rate of 7% applies for stamp duty, along with a registration fee of 2%.