Guideline Value for Anbu Avenue

Anbu Avenue guideline value

The current guideline value of Anbu Avenue is Rs 300 per sq.ft. This street is located in Sarkarsamakulam village and falls under the Periyanayakkan Palayam SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Anbu Avenue has changed

The guideline value of Anbu Avenue has seen several revisions over the years. The 2012 revision set the value at Rs 300 per sq.ft, which remained unchanged until the 2017 revision, where it decreased to Rs 201 per sq.ft. However, in the 2023 revision, the value increased significantly to Rs 300 per sq.ft again. It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2024.

Between the revisions, the change from 2017 to 2023 represented an increase of 49%. Conversely, the period from 2012 to 2017 saw a decline of 33%. Overall, from 2012 to 2023, there was no net change in the guideline value.

Guideline values in Sarkarsamakulam

While specific village figures are not provided, Anbu Avenue is part of Sarkarsamakulam, which is under the Periyanayakkan Palayam SRO. There are no other streets in Sarkarsamakulam listed with their guideline values.

Stamp duty and registration fee for property in Anbu Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value would be Rs 3,00,000. The stamp duty charged at 7% would amount to Rs 21,000, and the registration fee at 2% would be Rs 6,000. Therefore, the total cost for stamp duty and registration fees would be Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anbu Avenue?

The Sub Registrar Office that covers Anbu Avenue is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, in the Coimbatore registration zone.

To find your specific SRO, you can visit find your SRO.

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

The guideline value is a crucial factor during the registration of property transactions in Sarkarsamakulam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property in this area.

When a property is sold, the buyer must pay stamp duty based on the higher amount between the guideline value and 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 Anbu Avenue?

The current guideline value of Anbu Avenue is Rs 300 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 300 per sq.ft in 2012 to Rs 201 per sq.ft in 2017, and then back to Rs 300 per sq.ft in 2023. There are no figures available for the years 2002, 2003, 2007, and 2024.

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

For a 1,000 sq.ft plot at the current guideline value, the total guideline value is Rs 3,00,000. The stamp duty would be Rs 21,000 and the registration fee would be Rs 6,000, totaling Rs 27,000.

Which office handles property registrations for Anbu Avenue?

The Periyanayakkan Palayam Sub Registrar Office handles property registrations for Anbu Avenue. The office is located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

How is the guideline value determined for property transactions?

The guideline value is determined by the Registration Department and is used as a basis for calculating stamp duty and registration fees during property transactions. It is essential for buyers and sellers to be aware of this value when engaging in real estate transactions in Sarkarsamakulam.