Guideline Value for Anandha Krishna Layout

Anandha Krishna Layout guideline value

The current guideline value of Anandha Krishna Layout is Rs 1,000 per sq.ft, effective from 1 July 2024. This layout is located in Vadavalli village, under the Vadavalli SRO, with a land classification of Residential Class I Type - II.

How the guideline value of Anandha Krishna Layout has changed

The guideline value for Anandha Krishna Layout has seen several revisions over the years. The earliest recorded revision was in 2012, where the guideline value was Rs 800 per sq.ft. This increased to Rs 536 per sq.ft in 2017, followed by a significant rise to Rs 1,000 per sq.ft in both 2023 and 2024. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, it increased by 87%, and overall, from 2012 to 2024, there has been a 25% increase in the guideline value. The recent revisions in 2023 and 2024 show no change in the guideline value.

Guideline values in Vadavalli

In Vadavalli, there are 461 streets under the Vadavalli SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 2,200 per sq.ft. The median guideline value for these streets is Rs 1,100 per sq.ft, placing Anandha Krishna Layout's 2024 figure below this median.

• Anandha Nagar 1st Cross Street: Rs 1,100 per sq.ft (2024)
• Anandha Nagar 2nd Cross Street: Rs 1,100 per sq.ft (2024)
• Anandha Nagar Main: Rs 1,870 per sq.ft (2024)
• Anantha Krishna Nagar: Rs 1,100 per sq.ft (2024)
• Amman Nagar: Rs 1,100 per sq.ft (2024)
• Amman Kovil Street: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in Anandha Krishna Layout

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total fees to Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for accurate calculations.

Which Sub Registrar Office covers Anandha Krishna Layout?

The Anandha Krishna Layout falls under the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046. For more information, you can find your SRO.

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

The guideline value is a crucial factor during the registration of property transactions in Vadavalli. It is used to determine the stamp duty and registration fees that must be paid when buying or selling property in the area.

When a property is registered, the higher value between the sale price and the guideline value is considered for calculating the applicable duties and fees. This ensures that all transactions are fairly assessed based on the established guideline values.

Frequently asked questions

What is the current guideline value of Anandha Krishna Layout?

The current guideline value of Anandha Krishna Layout is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 800 per sq.ft in 2012 to Rs 1,000 per sq.ft in 2023 and 2024. There was a significant increase of 87% from 2017 to 2023.

What are the stamp duty and registration fees for a property in Anandha Krishna Layout?

For a 1,000 sq.ft plot, the total guideline value is Rs 10,00,000. The stamp duty is Rs 70,000, and the registration fee is Rs 20,000, totaling Rs 90,000.

Which Sub Registrar Office covers Anandha Krishna Layout?

The Vadavalli Sub Registrar Office covers Anandha Krishna Layout. It is located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.

What is the land classification of Anandha Krishna Layout?

Anandha Krishna Layout is classified as Residential Class I Type - II, indicating its suitability for residential development.