Guideline Value for Anbu Nagar (Ward 9)

Anbu Nagar (Ward 9) guideline value

The current guideline value of Anbu Nagar (Ward 9) is Rs 1,040 per sq.ft, effective from 1 July 2024. This street is located in Kurichi village under the Coimbatore North Joint 1 SRO, classified as Residential Class II Type - I.

How the guideline value of Anbu Nagar (Ward 9) has changed

The guideline value for Anbu Nagar (Ward 9) has undergone several revisions over the years. In 2012, the value was Rs 750 per sq.ft, which decreased to Rs 502 per sq.ft in 2017. Following this, there was a significant increase to Rs 1,000 per sq.ft in 2023, and the latest revision in 2024 has set the value at Rs 1,040 per sq.ft. The register has no figures for the years 2002, 2003, and 2007.

Between the revisions, the changes are notable. From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value increased by 99%. The overall change from 2012 to 2024 shows an increase of 39%.

Guideline values in Kurichi

In Kurichi village, there are 536 streets under the Coimbatore North Joint 1 SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 2,200 per sq.ft. The median value is Rs 1,040 per sq.ft, making the guideline value of Anbu Nagar (Ward 9) equal to this median.

• Andal Thottam: Rs 1,055 per sq.ft (2024)
• Angamuhtu Gounder Street (Ward 10): Rs 1,030 per sq.ft (2024)
• Anganna Gounder Street (Ward 10): Rs 1,035 per sq.ft (2024)
• Anganna Thevar Sandhu (Ward 4): Rs 1,035 per sq.ft (2024)
• Anna Aasiriyar Colony: Rs 1,035 per sq.ft (2024)
• A.N Nagar: Rs 1,035 per sq.ft (2024)

Stamp duty and registration fee for property in Anbu Nagar (Ward 9)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,040 per sq.ft, the total guideline value comes to Rs 10,40,000. The stamp duty at 7% would be Rs 72,800, and the registration fee at 2% would be Rs 20,800, totaling Rs 93,600. 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 further calculations.

Which Sub Registrar Office covers Anbu Nagar (Ward 9)?

Anbu Nagar (Ward 9) falls under the Coimbatore North Joint 1 Sub Registrar Office. The address is District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role during the registration of property transactions in Kurichi. It serves as a reference point for determining the stamp duty and registration fees that need to be paid when buying or selling property.

When a property is registered, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Anbu Nagar (Ward 9)?

The current guideline value of Anbu Nagar (Ward 9) is Rs 1,040 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 750 per sq.ft in 2012 to Rs 502 per sq.ft in 2017, then to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,040 per sq.ft in 2024.

What is the land classification of Anbu Nagar (Ward 9)?

Anbu Nagar (Ward 9) is classified as Residential Class II Type - I under the Coimbatore North Joint 1 SRO.

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

For a property valued at Rs 10,40,000, the stamp duty is Rs 72,800 and the registration fee is Rs 20,800, totaling Rs 93,600.

Where can I find the Sub Registrar Office for Anbu Nagar (Ward 9)?

The Sub Registrar Office for Anbu Nagar (Ward 9) is located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001.