Guideline Value for Anna Colony

Anna Colony guideline value

The current guideline value of Anna Colony, located in Ward 1 village under the Pollachi SRO, is Rs 675 per sq.ft as per the 2024 revision effective from 1 July 2024. The land classification for this area is Residential Class IV Type - I.

How the guideline value of Anna Colony has changed

The guideline value for Anna Colony has seen several revisions over the years. In 2002, the value was Rs 401 per sq.ft, which increased to Rs 443 per sq.ft in 2003, marking a 10% rise. By 2007, the value further increased to Rs 485 per sq.ft, a 9% change. The 2012 revision saw the value rise to Rs 675 per sq.ft, reflecting a 39% increase. However, between 2017 and 2023, the value remained at Rs 675 per sq.ft. The most recent revision in 2024 has kept the guideline value at Rs 675 per sq.ft, indicating no change from the previous year.

From 2017 to 2023, the guideline value increased by 49% from Rs 452 per sq.ft to Rs 675 per sq.ft. Overall, from 2002 to 2024, the guideline value has increased by 68% from Rs 401 per sq.ft to Rs 675 per sq.ft. There are no figures available for revisions in years other than those listed.

Guideline values in Ward 1

In Ward 1, there are 91 streets under the Pollachi SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 2,500 per sq.ft, with a median value of Rs 541 per sq.ft. The guideline value for Anna Colony is above this median.

• Anna Avenu: Rs 420 per sq.ft (2024)
• Anandham Avenue: Rs 1,100 per sq.ft (2024)
• A.P.S.Nagar: Rs 750 per sq.ft (2024)
• Baavani Sankaran Street: Rs 675 per sq.ft (2024)
• Balagobalapuram Street (Block 2,3): Rs 750 per sq.ft (2024)
• Bioyoscope Street: Rs 826 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Colony

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, making the total cost for these fees Rs 60,750. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anna Colony?

The Sub Registrar Office that covers Anna Colony is the Pollachi Sub Registrar Office, located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001, in the Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Ward 1

The guideline value is a crucial factor in property transactions in Ward 1. It serves as the basis for calculating the stamp duty and registration fees that buyers need to pay when acquiring property. This value is established by the Registration Department and is updated periodically to reflect changes in the area.

When selling a property, the guideline value helps determine the minimum price at which the property can be registered. Buyers and sellers should be aware of the current guideline value to ensure compliance with registration requirements and to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value of Anna Colony?

The current guideline value of Anna Colony is Rs 675 per sq.ft as per the 2024 revision effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed multiple times, starting from Rs 401 per sq.ft in 2002 to Rs 675 per sq.ft in 2024, reflecting an overall increase of 68% over this period.

What are the stamp duty and registration fees for property in Anna Colony?

For a 1,000 sq.ft property at the guideline value of Rs 675 per sq.ft, the total stamp duty and registration fees would amount to Rs 60,750, calculated based on the guideline value.

Which Sub Registrar Office covers Anna Colony?

The Pollachi Sub Registrar Office covers Anna Colony, located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001.

What is the land classification for Anna Colony?

Anna Colony is classified as Residential Class IV Type - I, which indicates the type of development permissible in this area.