Guideline Value for Anbagam Street

Anbagam Street guideline value

The current guideline value of Anbagam Street is Rs 2,000 per sq.ft, effective from 1 July 2024. This street is located in Ward 13 village under the Coimbatore South Joint 1 SRO, and is classified as Residential Class I Type - III.

How the guideline value of Anbagam Street has changed

The guideline value for Anbagam Street has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 2,000 per sq.ft, reflecting an increase of 11% from the previous year's figure of Rs 1,800 per sq.ft established in 2023. Prior to these revisions, the register has no figure for this street for the years 2017, 2012, 2007, 2003, and 2002.

In summary, the 2023 revision marked the last recorded value before the 2024 adjustment. The increase from Rs 1,800 to Rs 2,000 indicates a significant change in the guideline value within a year.

Guideline values in Ward 13

In Ward 13, there are 56 streets under the Coimbatore South Joint 1 SRO with 2024 guideline values ranging from Rs 2,000 to Rs 4,000 per sq.ft. The median guideline value in this area is Rs 2,600 per sq.ft, placing Anbagam Street's 2024 figure below that median.

• Anbu Street: Rs 2,000 per sq.ft (2024)
• Angammal Layout: Rs 2,000 per sq.ft (2024)
• A.R.G.P.Balagurumoorthy Chettiar Layout: Rs 2,600 per sq.ft (2024)
• Abbai Nagar: Rs 2,600 per sq.ft (2024)
• Banari amman Kovi Street: Rs 2,000 per sq.ft (2024)
• Bharathi Nagar: Rs 2,000 per sq.ft (2024)

Stamp duty and registration fee for property in Anbagam Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,000 per sq.ft, the total guideline value would be Rs 20,00,000. The stamp duty at 7% would amount to Rs 1,40,000, and the registration fee at 2% would be Rs 40,000. Together, the total cost for stamp duty and registration fees would be Rs 1,80,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anbagam Street?

Anbagam Street falls under the jurisdiction of the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward 13

The guideline value is a critical factor in the registration process when buying or selling properties in Ward 13. 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 fees based on the higher of the guideline value or the actual sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Anbagam Street?

The current guideline value of Anbagam Street is Rs 2,000 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

From the 2023 revision to the 2024 revision, the guideline value increased by 11%, from Rs 1,800 per sq.ft to Rs 2,000 per sq.ft.

What is the land classification for Anbagam Street?

Anbagam Street is classified as Residential Class I Type - III.

Where can I find the Sub Registrar Office for Anbagam Street?

The Sub Registrar Office for Anbagam Street is the Coimbatore South Joint 1 SRO, located at No.410a, Raja Street, Coimbatore-641001.

How is the stamp duty calculated for properties in Anbagam Street?

The stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a plot valued at Rs 20,00,000, the stamp duty would be Rs 1,40,000 at 7%.