Guideline Value for Anandha Nagar Main

Anandha Nagar Main guideline value

The current guideline value of Anandha Nagar Main is Rs 1,870 per sq.ft, effective from 1 July 2024. This street is located in Vadavalli village, under the Vadavalli SRO, and is classified as Commercial Special Type - II.

How the guideline value of Anandha Nagar Main has changed

Over the years, the guideline value of Anandha Nagar Main has seen several revisions. The 2012 revision set the value at Rs 1,700 per sq.ft, which then decreased to Rs 1,139 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 1,700 per sq.ft, and the most recent 2024 revision raised it further to Rs 1,870 per sq.ft.

In terms of percentage changes, the guideline value increased by 10% from 2023 to 2024. From 2017 to 2023, there was a significant increase of 49%. However, there was a decrease of 33% from 2012 to 2017. Overall, from 2012 to 2024, the guideline value has increased by 10%.

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, with a median value of Rs 1,100 per sq.ft. Anandha Nagar Main's guideline value of Rs 1,870 per sq.ft is above this median.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 1,870 per sq.ft, the total guideline value would be Rs 18,70,000. The stamp duty at 7% would amount to Rs 1,30,900, and the registration fee at 2% would be Rs 37,400, making the total cost for these fees Rs 1,68,300. 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 Anandha Nagar Main?

The Anandha Nagar Main falls under 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 property registration in Vadavalli. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value helps in assessing the fair value of the property. Buyers and sellers must consider this value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Anandha Nagar Main?

The current guideline value of Anandha Nagar Main is Rs 1,870 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,700 per sq.ft in 2012 to Rs 1,139 per sq.ft in 2017, then back to Rs 1,700 per sq.ft in 2023, and finally to Rs 1,870 per sq.ft in 2024.

What is the land classification for Anandha Nagar Main?

Anandha Nagar Main is classified as Commercial Special Type - II, indicating its suitability for commercial activities.

What are the stamp duty and registration fees for property in Anandha Nagar Main?

The stamp duty is 7% and the registration fee is 2% of the guideline value. For a 1,000 sq.ft plot at the current rate, the total fees would amount to Rs 1,68,300.

Which Sub Registrar Office covers Anandha Nagar Main?

Anandha Nagar Main is covered by the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.