Guideline Value for Ananda Housing Colony

Ananda Housing Colony guideline value

The current guideline value of Ananda Housing Colony is Rs 1,350 per sq.ft, effective from 1 July 2024. This property is located in Telgupalayam village under the Coimbatore South Joint 1 SRO, classified as Residential Class I Type - III.

How the guideline value of Ananda Housing Colony has changed

The guideline value for Ananda Housing Colony has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 1,350 per sq.ft, which is an increase from the 2023 revision of Rs 1,200 per sq.ft, marking a change of +13%. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

Prior to the 2023 revision, the last recorded value was Rs 1,200 per sq.ft in 2023. As the register does not provide figures for earlier years, we cannot ascertain the guideline values from 2017, 2012, 2007, 2003, and 2002.

Guideline values in Telgupalayam

In Telgupalayam, there are 223 streets under the Coimbatore South Joint 1 SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 4,000 per sq.ft, with a median value of Rs 1,002 per sq.ft. Ananda Housing Colony's 2024 guideline value is above this median.

• Amman Kovil Street: Rs 1,800 per sq.ft (2024)
• Angannan Sandhu: Rs 1,003 per sq.ft (2024)
• Ambethkar Street: Rs 2,000 per sq.ft (2024)
• Ajay Mokarje Veedhi: Rs 1,003 per sq.ft (2024)
• Anna Street: Rs 1,650 per sq.ft (2024)
• Adhi Dravidar Theru: Rs 1,003 per sq.ft (2024)

Stamp duty and registration fee for property in Ananda Housing Colony

For a 1,000 sq.ft plot at the current guideline value of Rs 1,350 per sq.ft, the total guideline value would be Rs 13,50,000. The stamp duty at 7% would amount to Rs 94,500, while the registration fee at 2% would be Rs 27,000. Together, these costs would total Rs 1,21,500. 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 Ananda Housing Colony?

The Sub Registrar Office that covers Ananda Housing Colony is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. You can find your SRO for more details.

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

The guideline value is a crucial factor during the registration of property transactions in Telgupalayam. It serves as a benchmark for determining the stamp duty and registration fees applicable when buying or selling property.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the stamp duty. This ensures that the transaction is taxed appropriately based on the property's assessed value.

Frequently asked questions

What is the current guideline value of Ananda Housing Colony?

The current guideline value of Ananda Housing Colony is Rs 1,350 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 1,200 per sq.ft in 2023 to Rs 1,350 per sq.ft in 2024, which is a change of +13%. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002.

What is the classification of land in Ananda Housing Colony?

Ananda Housing Colony is classified as Residential Class I Type - III. This classification affects the guideline value and property usage in the area.

What are the registration fees for property transactions?

The registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the total registration fee would be Rs 1,21,500, which includes stamp duty and registration fees.

Where can I find the Sub Registrar Office for Ananda Housing Colony?

The Sub Registrar Office for Ananda Housing Colony is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001.