Guideline Value for Anbu Nagar

Anbu Nagar guideline value

The current guideline value of Anbu Nagar, located in Ward 4 village under the Pollachi SRO, is Rs 675 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class IV 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 earliest recorded figure is from 2007, where the value was Rs 200 per sq.ft. This increased significantly to Rs 675 per sq.ft in 2012, marking a 238% rise. However, between 2012 and 2017, the value decreased to Rs 452 per sq.ft, reflecting a decline of 33%. From 2017 to 2023, the value rose to Rs 675 per sq.ft, which remained unchanged in the 2024 revision.

The 2024 revision shows that the guideline value is Rs 675 per sq.ft, the same as in 2023. Notably, there are no figures available for the revisions in 2002 and 2003 for this street.

Guideline values in Ward 4

In Ward 4, there are 116 streets under the Pollachi SRO, with guideline values ranging from Rs 300 to Rs 2,500 per sq.ft. The median value is Rs 675 per sq.ft, which is equal to the 2024 figure for Anbu Nagar.

• AndiGounder Street (Karikal Cholan Street): Rs 2,000 per sq.ft (2024)
• Alagu Nagar: Rs 675 per sq.ft (2024)
• A.K.S.Layout: Rs 420 per sq.ft (2024)
• A.K.Nagar: Rs 675 per sq.ft (2024)
• A.K.Muthukumarasamy Layout: Rs 675 per sq.ft (2024)
• ACMAMill Road: Rs 1,426 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 675 per sq.ft, the total guideline value would be Rs 6,75,000. The stamp duty at 7% would amount to Rs 47,250, and the registration fee at 2% would be Rs 13,500, bringing the total to Rs 60,750. 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 details.

Which Sub Registrar Office covers Anbu Nagar?

Anbu Nagar falls under the jurisdiction of the Pollachi Sub Registrar Office, located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward 4

The guideline value plays a crucial role in the registration process of property transactions in Ward 4. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling property.

When a property is sold, the guideline value is considered to ensure that the transaction is recorded accurately. Buyers and sellers must be aware of the current guideline value to avoid discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Anbu Nagar?

The current guideline value of Anbu Nagar is Rs 675 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, starting from Rs 200 per sq.ft in 2007, rising to Rs 675 per sq.ft in 2012, then dropping to Rs 452 per sq.ft in 2017, and returning to Rs 675 per sq.ft in 2023 and 2024.

What is the registration fee for property in Anbu Nagar?

The registration fee is calculated at 2% of the guideline value. For a property valued at Rs 6,75,000, the registration fee would be Rs 13,500.

Where can I find the Sub Registrar Office for Anbu Nagar?

The Pollachi Sub Registrar Office covers Anbu Nagar, located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001, Coimbatore registration zone.

What is the significance of guideline value in property transactions?

The guideline value is essential for determining the stamp duty and registration fees during property transactions. It ensures that the property is registered accurately and transparently.