Guideline Value for Ananthaya Enclave

Ananthaya Enclave guideline value

The current guideline value of Ananthaya Enclave, located in Pannimadai village under the Vadavalli SRO, is Rs 715 per sq.ft. This value is effective from 1 July 2024 and falls under the Residential Class I Type - I land classification.

How the guideline value of Ananthaya Enclave has changed

The guideline value for Ananthaya Enclave has seen several revisions over the years. The oldest recorded revision is from 2017, where the value was Rs 435 per sq.ft. This increased to Rs 650 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 brought the value to Rs 715 per sq.ft, which is a 10% increase from the previous year.

There are also several years where the register has no figure for this street, specifically in 2002, 2003, 2007, and 2012. Overall, from 2017 to 2024, the guideline value has increased by 64%.

Guideline values in Pannimadai

In Pannimadai, there are three streets under the Vadavalli SRO that carry a 2024 guideline value, ranging from Rs 450 to Rs 825 per sq.ft. The median value for these streets is Rs 715 per sq.ft, which is equal to the 2024 figure for Ananthaya Enclave.

• Dhamu Nagar Phase II: Rs 825 per sq.ft (2024)
• Stanes Narayanasamy Naidu Garden: Rs 450 per sq.ft (2024)

Stamp duty and registration fee for property in Ananthaya Enclave

For a 1,000 sq.ft plot at the current guideline value of Rs 715 per sq.ft, the total guideline value amounts to Rs 7,15,000. The stamp duty at 7% would be Rs 50,050, and the registration fee at 2% would be Rs 14,300, leading to a total cost of Rs 64,350. 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 precise calculations.

Which Sub Registrar Office covers Ananthaya Enclave?

The Sub Registrar Office that covers Ananthaya Enclave is the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046, in the Coimbatore registration zone.

To find more details, you can find your SRO.

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

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

When a property is registered, the guideline value is used to calculate the applicable charges, ensuring that the transaction is recorded at a value that reflects the current market conditions as per the official register.

Frequently asked questions

What is the current guideline value of Ananthaya Enclave?

The current guideline value of Ananthaya Enclave is Rs 715 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 435 per sq.ft in 2017 to Rs 650 per sq.ft in 2023, and then to Rs 715 per sq.ft in 2024. This represents an overall increase of 64% from 2017 to 2024.

What are the guideline values of other streets in Pannimadai?

Other streets in Pannimadai have varying guideline values, with Dhamu Nagar Phase II at Rs 825 per sq.ft and Stanes Narayanasamy Naidu Garden at Rs 450 per sq.ft for 2024. The median value for these streets is Rs 715 per sq.ft.

What are the stamp duty and registration fees for Ananthaya Enclave?

For a 1,000 sq.ft plot, the stamp duty would be Rs 50,050 and the registration fee would be Rs 14,300, totaling Rs 64,350. These fees are based on the guideline value of Rs 7,15,000.

Where is the Sub Registrar Office for Ananthaya Enclave located?

The Vadavalli Sub Registrar Office covers Ananthaya Enclave and is located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046. This office handles the registration of properties in the area.