Guideline Value for Anantha Krishna Nagar

Anantha Krishna Nagar guideline value

The current guideline value of Anantha Krishna Nagar is Rs 1,100 per sq.ft, effective from 1 July 2024. This area is located in Vadavalli village under the Vadavalli SRO, classified as Residential Class I Type - I.

How the guideline value of Anantha Krishna Nagar has changed

The guideline value for Anantha Krishna Nagar has seen several revisions over the years. In 2007, the value was Rs 200 per sq.ft, which increased significantly to Rs 1,000 per sq.ft in 2012, marking a 400% increase. However, it then decreased to Rs 670 per sq.ft in 2017, a reduction of 33%. The value rose again to Rs 1,000 per sq.ft in 2023, and currently stands at Rs 1,100 per sq.ft from the 2024 revision, reflecting a 10% increase from the previous year.

There are no figures available for the years 2002 and 2003 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 450%.

Guideline values in Vadavalli

In Vadavalli village, there are 461 streets under the Vadavalli SRO, with guideline values 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, which is equal to the current value of Anantha Krishna Nagar.

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

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, 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 use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Anantha Krishna Nagar?

Anantha Krishna Nagar 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 when registering property transactions in Vadavalli. It determines the minimum value at which a property can be registered, ensuring transparency and standardization in property dealings.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees. This ensures that both buyers and sellers are aware of the financial implications of their transactions based on the established guideline value.

Frequently asked questions

What is the current guideline value of Anantha Krishna Nagar?

The current guideline value of Anantha Krishna Nagar 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 200 per sq.ft in 2007 to Rs 1,100 per sq.ft in 2024, reflecting a significant increase of 450% overall.

What is the stamp duty rate for property in Anantha Krishna Nagar?

The stamp duty rate for property transactions in Anantha Krishna Nagar is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Anantha Krishna Nagar?

The Sub Registrar Office for Anantha Krishna Nagar is located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.

What are the other streets in Vadavalli with similar guideline values?

Other streets in Vadavalli with similar guideline values include Anandha Nagar 2nd Cross Street and Anandha Nagar 1st Cross Street, both at Rs 1,100 per sq.ft.