Guideline Value for Anbu Nagar

Anbu Nagar guideline value

The current guideline value of Anbu Nagar is Rs 370 per sq.ft, effective from 1 July 2024. This area is located in Gudalur village under the Periyanayakkan Palayam SRO, classified as Residential Class II Type - I.

How the guideline value of Anbu Nagar has changed

The guideline value for Anbu Nagar has seen several revisions over the years. The 2012 revision set the value at Rs 300 per sq.ft, which then decreased to Rs 201 per sq.ft in 2017. Following this, the 2023 revision increased the value to Rs 300 per sq.ft, and the latest 2024 revision has raised it to Rs 370 per sq.ft, marking a 23% increase from the previous year.

From 2017 to 2023, the guideline value increased by 49%. Overall, from 2012 to 2024, the value has risen by 23%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Gudalur

In Gudalur, there are 224 streets under the Periyanayakkan Palayam SRO with a 2024 guideline value ranging from Rs 320 to Rs 1,110 per sq.ft. The median value is Rs 370 per sq.ft, which is equal to the guideline value of Anbu Nagar.

• Andaalpuram: Rs 355 per sq.ft (2024)
• Angalammanpuram: Rs 370 per sq.ft (2024)
• Anandham Avenue: Rs 340 per sq.ft (2024)
• Angalammanpuram - 1: Rs 340 per sq.ft (2024)
• Ananda Nagar: Rs 420 per sq.ft (2024)
• Amsi Nagar: Rs 340 per sq.ft (2024)

Stamp duty and registration fee for property in Anbu Nagar

For a 1,000 sq.ft plot at the current rate of Rs 370 per sq.ft, the guideline value would be Rs 3,70,000. The stamp duty at 7% would amount to Rs 25,900, and the registration fee at 2% would be Rs 7,400, totaling Rs 33,300. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Anbu Nagar?

The Sub Registrar Office that covers Anbu Nagar is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020. To find your SRO, visit find your SRO.

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

The guideline value is an essential factor in property transactions in Gudalur. It is used to determine the stamp duty and registration fees payable during the registration of property transactions. Buyers and sellers must consider this value to ensure compliance with local regulations.

When purchasing property, the guideline value is compared to the sale price, and the higher of the two is used to calculate applicable duties. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Anbu Nagar?

The current guideline value of Anbu Nagar is Rs 370 per sq.ft, effective from 1 July 2024.

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, then increased to Rs 300 per sq.ft in 2023, and finally to Rs 370 per sq.ft in 2024.

What is the land classification of Anbu Nagar?

Anbu Nagar is classified as Residential Class II Type - I under the Periyanayakkan Palayam SRO.

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

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot at Rs 370 per sq.ft, the total fees would be Rs 33,300.

Where is the Sub Registrar Office for Anbu Nagar located?

The Sub Registrar Office for Anbu Nagar is located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.