Guideline Value for Anandham Avenue

Anandham Avenue guideline value

The current guideline value of Anandham Avenue is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Ward 1 village under the Pollachi Sub Registrar Office (SRO) and is classified as Residential Special Type - I.

How the guideline value of Anandham Avenue has changed

The guideline value for Anandham Avenue has remained consistent at Rs 1,100 per sq.ft for both the 2023 and 2024 revisions. Prior to these revisions, the register has no figures for this street in the years 2002, 2003, 2007, 2012, and 2017.

From the 2023 revision to the 2024 revision, there was no change in the guideline value, reflecting a stable valuation for this street. The absence of figures in earlier revisions indicates that the guideline value for Anandham Avenue was not established until the 2023 revision.

Guideline values in Ward 1

In Ward 1, there are 91 streets under the Pollachi SRO that carry a 2024 guideline value, ranging from Rs 300 to Rs 2,500 per sq.ft. The median value for these streets is Rs 541 per sq.ft, placing Anandham Avenue's 2024 figure above this median.

• Anna Avenu: Rs 420 per sq.ft (2024)
• Anna Colony: Rs 675 per sq.ft (2024)
• A.P.S.Nagar: Rs 750 per sq.ft (2024)
• Baavani Sankaran Street: Rs 675 per sq.ft (2024)
• Balagobalapuram Street (Block 2,3): Rs 750 per sq.ft (2024)
• Bioyoscope Street: Rs 826 per sq.ft (2024)

Stamp duty and registration fee for property in Anandham Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, and the registration fee at 2% would be Rs 22,000, making the total cost Rs 99,000. 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 Anandham Avenue?

The Anandham Avenue is covered by the Pollachi Sub Registrar Office, located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001, Coimbatore registration zone. You can find your SRO for further assistance.

How the guideline value is used when you buy or sell in Ward 1

The guideline value is a crucial factor in the registration process when buying or selling property in Ward 1. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value is used to calculate the applicable duties, ensuring that the transaction is in compliance with local regulations. Buyers and sellers should be aware of the guideline value to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value of Anandham Avenue?

The current guideline value of Anandham Avenue is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Anandham Avenue has remained at Rs 1,100 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Anandham Avenue?

Anandham Avenue is classified as Residential Special Type - I, indicating its suitability for residential development.

What are the stamp duty and registration fees for property in Anandham Avenue?

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. The duty is charged on the higher of the guideline value or the sale price.

Where is the Pollachi Sub Registrar Office located?

The Pollachi Sub Registrar Office is located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001, Coimbatore registration zone. This office handles the registration of properties in the area.