Guideline Value for Anbu Nagar

Anbu Nagar guideline value

The current guideline value of Anbu Nagar is Rs 1,100 per sq.ft, effective from 1 July 2024. This village falls under the Gandhipuram SRO and is classified as Residential Class II Type - I.

How the guideline value of Anbu Nagar has changed

Over the years, the guideline value of Anbu Nagar has seen several revisions. The 2007 revision set the value at Rs 200 per sq.ft, which increased significantly to Rs 800 per sq.ft in 2012. However, there was a decrease to Rs 536 per sq.ft in 2017. The value then rose to Rs 1,000 per sq.ft in 2023, and the latest revision in 2024 has set it at Rs 1,100 per sq.ft. The register has no figures for the years 2002 and 2003 for this street.

From 2017 to 2023, the guideline value increased by 87%. The 2023 to 2024 revision saw a 10% increase. Overall, from the 2007 revision to the current 2024 value, there has been a remarkable increase of 450%.

Guideline values in Sanganur.

In Sanganur, there are 394 streets under the Gandhipuram SRO, with guideline values ranging from Rs 1,100 to Rs 10,080 per sq.ft. The median guideline value in this area is Rs 1,120 per sq.ft, placing Anbu Nagar's 2024 figure below that median.

• Ammasai Konar Street: Rs 1,120 per sq.ft (2024)
• Annaiappan Street: Rs 1,120 per sq.ft (2024)
• Annaiappan Street (Nallampalayam Natham): Rs 1,100 per sq.ft (2024)
• Amman Nagar: Rs 1,100 per sq.ft (2024)
• Amirtha Avenue: Rs 1,100 per sq.ft (2024)
• Ambrose Street: Rs 1,120 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 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, while the registration fee at 2% would be Rs 22,000, bringing the total to Rs 99,000. 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 the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anbu Nagar?

The Sub Registrar Office that covers Anbu Nagar is the Gandhipuram Sub Registrar Office, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Sanganur. It determines the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with legal requirements during the registration process.

When a property is sold, the guideline value is used to calculate applicable fees, including stamp duty and registration fees. This ensures that the transaction is recorded accurately and in accordance with local regulations.

Frequently asked questions

What is the current guideline value of Anbu Nagar?

The current guideline value of Anbu Nagar is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 200 per sq.ft in 2007 to Rs 1,100 per sq.ft in 2024, marking a total increase of 450% over the years.

What is the stamp duty for property in Anbu Nagar?

The stamp duty for property in Anbu Nagar is 7% of the guideline value or sale price, whichever is higher. For example, for a property valued at Rs 11,00,000, the stamp duty would be Rs 77,000.

Which Sub Registrar Office is responsible for Anbu Nagar?

The Gandhipuram Sub Registrar Office is responsible for Anbu Nagar, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

What are the guideline values of other streets in Sanganur?

Other streets in Sanganur have varying guideline values, with rates ranging from Rs 1,100 to Rs 10,080 per sq.ft. For instance, Ammasai Konar Street and Annaiappan Street are both valued at Rs 1,120 per sq.ft in 2024.