Guideline Value for Anbu Nagar

Anbu Nagar guideline value

The current guideline value of Anbu Nagar, located in Kallapalayam village under the Singanallur SRO, is Rs 220 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class II Type - I.

How the guideline value of Anbu Nagar has changed

Over the years, the guideline value for Anbu Nagar has experienced several revisions. The 2012 revision set the value at Rs 200 per sq.ft, which then decreased to Rs 134 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 200 per sq.ft in the 2023 revision, and the latest revision in 2024 has raised it to Rs 220 per sq.ft. The register has no figures for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, there was a decrease of 33%, but from 2017 to 2023, the value increased by 49%. The overall change from 2012 to 2024 shows a modest increase of 10% in the guideline value.

Guideline values in Kallapalayam

Kallapalayam village has a total of 81 streets under the Singanallur SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 500 per sq.ft. The median value for these streets is Rs 140 per sq.ft, making Anbu Nagar's 2024 guideline value of Rs 220 per sq.ft notably higher than this median.

• Anna street: Rs 220 per sq.ft (2024)
• Arijana Colony: Rs 140 per sq.ft (2024)
• Arijana Theru: Rs 140 per sq.ft (2024)
• A.D.colony: Rs 140 per sq.ft (2024)
• Arunthathiyar Housing unit: Rs 140 per sq.ft (2024)
• Bagathsingh street: Rs 220 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 220 per sq.ft, the total guideline value amounts to Rs 2,20,000. The stamp duty at 7% would be Rs 15,400, and the registration fee at 2% would be Rs 4,400, bringing the total fees together to Rs 19,800. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anbu Nagar?

The Sub Registrar Office that covers Anbu Nagar is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during property transactions in Kallapalayam. It determines the minimum value at which a property can be registered, ensuring that the transaction is recorded at a fair value as per the local regulations.

When buying or selling property, the guideline value influences the stamp duty and registration fees, which are calculated based on this value. Buyers and sellers should be aware of the current guideline value to accurately assess the costs involved in the transaction.

Frequently asked questions

What is the current guideline value of Anbu Nagar?

The current guideline value of Anbu Nagar is Rs 220 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions: Rs 200 per sq.ft in 2012, Rs 134 per sq.ft in 2017, Rs 200 per sq.ft in 2023, and currently Rs 220 per sq.ft in 2024.

What is the land classification for Anbu Nagar?

Anbu Nagar is classified as Residential Class II Type - I, indicating its suitability for residential development.

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

For a property valued at Rs 2,20,000, the stamp duty would be Rs 15,400 and the registration fee would be Rs 4,400, totaling Rs 19,800.

Which office handles property registration for Anbu Nagar?

The Singanallur Sub Registrar Office handles property registration for Anbu Nagar, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.