Guideline Value for Anganna Gounder Street (Ward 10)

Anganna Gounder Street (Ward 10) guideline value

The current guideline value of Anganna Gounder Street (Ward 10) is Rs 1,035 per sq.ft, effective from 1 July 2024. This street is located in Kurichi village and falls under the Coimbatore North Joint 1 SRO. The land classification for this area is Residential Class II Type - II.

How the guideline value of Anganna Gounder Street (Ward 10) has changed

The guideline value for Anganna Gounder Street has undergone several revisions over the years. The 2012 revision set the value at Rs 600 per sq.ft, which was later reduced to Rs 402 per sq.ft in 2017. However, from 2017 to 2023, there was a significant increase of 149%, bringing the guideline value to Rs 1,000 per sq.ft. The most recent revision in 2024 saw a further increase of 4%, resulting in the current value of Rs 1,035 per sq.ft.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, comparing the 2012 figure to the 2024 figure shows an increase of 73% over the twelve-year period.

Guideline values in Kurichi

In Kurichi village, there are a total of 536 streets under the Coimbatore North Joint 1 SRO that carry a 2024 guideline value, ranging from Rs 1,000 to Rs 2,200 per sq.ft. The median value for these streets is Rs 1,040 per sq.ft, placing Anganna Gounder Street's 2024 figure slightly below this median.

• Angamuhtu Gounder Street (Ward 10): Rs 1,030 per sq.ft (2024)
• Anganna Thevar Sandhu (Ward 4): Rs 1,035 per sq.ft (2024)
• Anna Aasiriyar Colony: Rs 1,035 per sq.ft (2024)
• Andal Thottam: Rs 1,055 per sq.ft (2024)
• A.N Nagar: Rs 1,035 per sq.ft (2024)
• Anbu Nagar (Ward 9): Rs 1,040 per sq.ft (2024)

Stamp duty and registration fee for property in Anganna Gounder Street (Ward 10)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,035 per sq.ft, the total guideline value would be Rs 10,35,000. The stamp duty at 7% would amount to Rs 72,450, and the registration fee at 2% would be Rs 20,700, bringing the total cost for these fees to Rs 93,150. It is important to note that the 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 Anganna Gounder Street (Ward 10)?

The Sub Registrar Office that covers Anganna Gounder Street (Ward 10) is the Coimbatore North Joint 1 Sub Registrar Office. The address is District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Kurichi. It serves as a benchmark for determining the stamp duty and registration fees applicable during the transaction. Buyers and sellers must consider this value to ensure compliance with local regulations and to accurately calculate the costs involved in the property transfer.

When a property is registered, the guideline value is used to assess the applicable fees. If the sale price of the property is higher than the guideline value, the fees will be calculated based on the sale price instead. This ensures that the government collects the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Anganna Gounder Street (Ward 10)?

The current guideline value of Anganna Gounder Street (Ward 10) is Rs 1,035 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 1,035 per sq.ft in 2024, reflecting an overall increase of 73% over the twelve-year period.

What is the stamp duty rate for properties in Anganna Gounder Street (Ward 10)?

The stamp duty rate for properties in Anganna Gounder Street is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Anganna Gounder Street (Ward 10)?

The Sub Registrar Office for Anganna Gounder Street (Ward 10) is the Coimbatore North Joint 1 Sub Registrar Office, located at District Registrar Office, Syryan Church Road, Corporation Marriage Centre, Coimbatore -641001.

What are the other streets in Kurichi with similar guideline values?

Other streets in Kurichi with similar guideline values include Angamuhtu Gounder Street at Rs 1,030 per sq.ft and Anganna Thevar Sandhu at Rs 1,035 per sq.ft, among others.