Guideline Value for Anbu Street

Anbu Street guideline value

The current guideline value of Anbu Street, located in Ward 13 village under the Coimbatore South Joint 1 SRO, is Rs 2,000 per sq.ft, effective from 1 July 2024. The land classification for this street is Residential Class I Type - III.

How the guideline value of Anbu Street has changed

The guideline value for Anbu Street has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 2,000 per sq.ft, an increase of 11% from Rs 1,800 per sq.ft in the 2023 revision. The register has no figure for this street for the years 2017, 2012, 2007, 2003, and 2002.

In summary, the only figures available for Anbu Street are from the 2023 and 2024 revisions. The value increased from Rs 1,800 per sq.ft in 2023 to Rs 2,000 per sq.ft in 2024.

Guideline values in Ward 13

Within Ward 13, there are 56 streets under the Coimbatore South Joint 1 SRO that carry a 2024 guideline value ranging from Rs 2,000 to Rs 4,000 per sq.ft. Anbu Street's 2024 figure is below the median of Rs 2,600 per sq.ft.

• Anbagam Street: Rs 2,000 per sq.ft (2024)
• Angammal Layout: Rs 2,000 per sq.ft (2024)
• A.R.G.P.Balagurumoorthy Chettiar Layout: Rs 2,600 per sq.ft (2024)
• Abbai Nagar: Rs 2,600 per sq.ft (2024)
• Banari amman Kovi Street: Rs 2,000 per sq.ft (2024)
• Bharathi Nagar: Rs 2,000 per sq.ft (2024)

Stamp duty and registration fee for property in Anbu Street

For a 1,000 sq.ft plot at the current rate of Rs 2,000 per sq.ft, the guideline value amounts to Rs 20,00,000. The stamp duty at 7% would be Rs 1,40,000, and the registration fee at 2% would be Rs 40,000, totaling Rs 1,80,000. 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 details.

Which Sub Registrar Office covers Anbu Street?

Anbu Street falls under the jurisdiction of the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward 13

The guideline value is a crucial factor in property transactions within Ward 13. It serves as the basis for calculating stamp duty and registration fees during the sale or purchase of property. Buyers and sellers must consider this value to ensure compliance with legal requirements.

When registering a property, the guideline value is compared to the sale price to determine the applicable duties. This ensures that the government receives the appropriate revenue based on the property's assessed value.

Frequently asked questions

What is the current guideline value of Anbu Street?

The current guideline value of Anbu Street is Rs 2,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Anbu Street was Rs 1,800 per sq.ft in 2023 and increased to Rs 2,000 per sq.ft in 2024, representing an 11% increase. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002.

What is the land classification for Anbu Street?

Anbu Street is classified as Residential Class I Type - III, which indicates its designation for residential purposes within the area.

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

The Sub Registrar Office covering Anbu Street is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001.

How is stamp duty calculated for properties in Anbu Street?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property with a guideline value of Rs 20,00,000, the stamp duty at 7% would be Rs 1,40,000.