Guideline Value for Anandha Nagar 2nd Cross Street

Anandha Nagar 2nd Cross Street guideline value

The current guideline value of Anandha Nagar 2nd Cross Street is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Vadavalli village, under the Vadavalli SRO, and is classified as Residential Class I Type - I.

How the guideline value of Anandha Nagar 2nd Cross Street has changed

The guideline value for Anandha Nagar 2nd Cross Street has undergone several revisions over the years. The earliest recorded figure is from 2012, where it was Rs 1,000 per sq.ft. This was revised to Rs 670 per sq.ft in 2017, marking a decrease of 33%. In 2023, the value increased to Rs 1,000 per sq.ft, and in the latest revision for 2024, it stands at Rs 1,100 per sq.ft, reflecting a 10% increase from the previous year.

There are no recorded figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has seen a modest increase of 10%.

Guideline values in Vadavalli

In Vadavalli village, 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 is Rs 1,100 per sq.ft, which is equal to the current value of Anandha Nagar 2nd Cross Street.

• Anandha Nagar 1st Cross Street: Rs 1,100 per sq.ft (2024)
• Anandha Nagar Main: Rs 1,870 per sq.ft (2024)
• Anandha Krishna Layout: Rs 1,000 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 Nagar 2nd Cross Street

For a 1,000 sq.ft plot at the current rate of Rs 1,100 per sq.ft, the guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, totaling Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Anandha Nagar 2nd Cross Street?

The Anandha Nagar 2nd Cross Street is covered by the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046. You can find your SRO for more information.

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 serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property.

When a property is registered, the guideline value will be considered to ensure that the appropriate fees are collected based on the current market rates. This helps maintain transparency and standardization in property transactions.

Frequently asked questions

What is the current guideline value of Anandha Nagar 2nd Cross Street?

The current guideline value of Anandha Nagar 2nd Cross Street is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,100 per sq.ft in 2024.

What are the stamp duty and registration fees for property in Anandha Nagar 2nd Cross Street?

For a property valued at Rs 11,00,000, the stamp duty would be Rs 77,000 and the registration fee would be Rs 22,000, totaling Rs 99,000.

Which office handles the registration for Anandha Nagar 2nd Cross Street?

The Vadavalli Sub Registrar Office manages the registration for Anandha Nagar 2nd Cross Street, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.

What is the land classification for Anandha Nagar 2nd Cross Street?

Anandha Nagar 2nd Cross Street is classified as Residential Class I Type - I, indicating its suitability for residential development.