Guideline Value for Anantham Apartment

Anantham Apartment guideline value

The current guideline value of Anantham Apartment is Rs 1,020 per sq.ft, effective from 1 July 2024. It is located in Thudiyalur village under the Periyanayakkan Palayam SRO, classified as Residential Class I Type - I.

How the guideline value of Anantham Apartment has changed

The guideline value for Anantham Apartment has seen several revisions over the years. The earliest recorded figure is from 2012, where the value was Rs 550 per sq.ft. This increased to Rs 368 per sq.ft in 2017, marking a decrease of 33%. Following this, the value rose significantly to Rs 1,000 per sq.ft in 2023, and then to Rs 1,020 per sq.ft in 2024, reflecting an increase of 2% from the previous year. The overall change from 2012 to 2024 is an increase of 85%.

From 2017 to 2023, the guideline value increased by 172%. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Thudiyalur

In Thudiyalur village, there are 282 streets under the Periyanayakkan Palayam SRO with a 2024 guideline value ranging from Rs 1,001 to Rs 4,000 per sq.ft. The median value is Rs 1,019 per sq.ft, and Anantham Apartment's 2024 figure is above this median.

• Amma Thottam: Rs 1,014 per sq.ft (2024)
• Anna Colony: Rs 1,014 per sq.ft (2024)
• Annai Abirami Garden: Rs 1,014 per sq.ft (2024)
• Annai Garden: Rs 1,014 per sq.ft (2024)
• Amirtha lakshmi Garden: Rs 1,022 per sq.ft (2024)
• Ambika Nagar: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in Anantham Apartment

For a 1,000 sq.ft plot at the current rate of Rs 1,020 per sq.ft, the guideline value is Rs 10,20,000. The stamp duty at 7% would be Rs 71,400, and the registration fee at 2% would be Rs 20,400, totaling Rs 91,800. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Anantham Apartment?

The Sub Registrar Office that covers Anantham Apartment is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Thudiyalur. It serves as a benchmark for determining the stamp duty and registration fees applicable during the transaction.

When a property is sold, the guideline value is considered to ensure that the duties are calculated based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Anantham Apartment?

The current guideline value of Anantham Apartment is Rs 1,020 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 550 per sq.ft in 2012 to Rs 1,020 per sq.ft in 2024, marking an overall increase of 85% over the years.

What are the stamp duty and registration fees for Anantham Apartment?

For a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 91,800, based on the current guideline value of Rs 10,20,000.

Which office handles registrations for Anantham Apartment?

The Periyanayakkan Palayam Sub Registrar Office handles registrations for Anantham Apartment, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

What is the significance of the guideline value in property transactions?

The guideline value is significant as it determines the stamp duty and registration fees during property transactions. It is used to ensure that the duties are calculated on the higher of the guideline value or the sale price.