Guideline Value for Anbu Nagar

Anbu Nagar guideline value

The current guideline value of Anbu Nagar is Rs 1,001 per sq.ft, effective from 1 July 2024. This area is located in Kuniyamuthur village and falls under the Coimbatore South Joint 1 SRO. The land classification for this street is Residential Class I Type - III.

How the guideline value of Anbu Nagar has changed

The guideline value for Anbu Nagar has seen several revisions over the years. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision set the guideline value at Rs 1,000 per sq.ft, which was then revised to Rs 1,001 per sq.ft in 2024, showing no percentage change between these two revisions.

Prior to the 2023 revision, the register does not have figures for the street in earlier years. The most recent figure of Rs 1,001 per sq.ft is below the median value of Rs 1,003 per sq.ft for the 410 streets in Kuniyamuthur under the Coimbatore South Joint 1 SRO.

Guideline values in Kuniyamuthur

In Kuniyamuthur, the guideline values range from Rs 1,000 to Rs 1,550 per sq.ft, with a median of Rs 1,003 per sq.ft. Anbu Nagar's current guideline value is below this median. Here are some other streets in Kuniyamuthur:

• Andavar Colony: Rs 1,003 per sq.ft (2024)
• Ammasai Konar Street: Rs 1,003 per sq.ft (2024)
• Annai Sathya Nagar: Rs 1,003 per sq.ft (2024)
• Amman Colony: Rs 1,001 per sq.ft (2024)
• Annama Naicker Street: Rs 1,000 per sq.ft (2024)
• Anna Nagar: Rs 1,001 per sq.ft (2024)

Stamp duty and registration fee for property in Anbu Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,001 per sq.ft, the total guideline value would be Rs 10,01,000. The stamp duty at 7% would be Rs 70,070, and the registration fee at 2% would be Rs 20,020, leading to a total of Rs 90,090. 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 more accurate calculations.

Which Sub Registrar Office covers Anbu Nagar?

Anbu Nagar is covered by the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001, in the Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration of property transactions in Kuniyamuthur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which is essential for legal and tax purposes. It helps maintain transparency in property dealings and is used by the registration authorities to assess the applicable fees.

Frequently asked questions

What is the current guideline value of Anbu Nagar?

The current guideline value of Anbu Nagar is Rs 1,001 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Anbu Nagar has been revised from Rs 1,000 per sq.ft in 2023 to Rs 1,001 per sq.ft in 2024, showing no percentage change between these revisions. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Anbu Nagar?

Anbu Nagar is classified as Residential Class I Type - III. This classification indicates the type of development and usage permitted in the area.

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

For a 1,000 sq.ft plot valued at Rs 1,001 per sq.ft, the total guideline value is Rs 10,01,000. The stamp duty would be Rs 70,070, and the registration fee would be Rs 20,020, totaling Rs 90,090.

Which Sub Registrar Office covers Anbu Nagar?

Anbu Nagar falls under the jurisdiction of the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001.