Guideline Value for Anna Nagar (Silver Jubliee Street) (Ward 3)

Anna Nagar (Silver Jubliee Street) (Ward 3) guideline value

The current guideline value of Anna Nagar (Silver Jubliee Street) (Ward 3) is Rs 1,040 per sq.ft, effective from 1 July 2024. This street is located in Kurichi village and falls under the Coimbatore North Joint 1 SRO, classified as Residential Class II Type - I.

How the guideline value of Anna Nagar (Silver Jubliee Street) (Ward 3) has changed

The guideline value for Anna Nagar (Silver Jubliee Street) has seen several revisions over the years. The earliest recorded revision is from 2012, where the value was Rs 750 per sq.ft. This was followed by a decrease to Rs 502 per sq.ft in 2017. However, from 2017 to 2023, there was a significant increase of 99%, bringing the value up to Rs 1,000 per sq.ft. The most recent revision in 2024 has further increased the value to Rs 1,040 per sq.ft, marking a 4% rise from the previous year.

It is important to note that there are no recorded figures for the years 2002, 2003, and 2007 for this street. Overall, the guideline value has increased by 39% from 2012 to 2024.

Guideline values in Kurichi

In Kurichi village, there are 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, with the median being Rs 1,040 per sq.ft. The guideline value for Anna Nagar (Silver Jubliee Street) aligns with this median.

• Anna Nagar (Ward 2): Rs 1,075 per sq.ft (2024)
• Anna Nagar West, Pollachi Road (Ward 1): Rs 1,075 per sq.ft (2024)
• Anna Nagar East, Pollachi Road (Ward 1): Rs 1,075 per sq.ft (2024)
• Annapuram Main Cross Street III (Ward 15): Rs 1,030 per sq.ft (2024)
• Annapuram Main Cross Street II (Ward 15): Rs 1,030 per sq.ft (2024)
• Annapuram Main Cross Street IV (Ward 15): Rs 1,030 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Nagar (Silver Jubliee Street) (Ward 3)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,040 per sq.ft, the total guideline value would be Rs 10,40,000. The stamp duty at 7% would amount to Rs 72,800, while the registration fee at 2% would be Rs 20,800. Together, the total cost for these fees would be Rs 93,600. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Anna Nagar (Silver Jubliee Street) (Ward 3)?

The Sub Registrar Office that covers Anna Nagar (Silver Jubliee Street) (Ward 3) 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 details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Kurichi. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction. The fees are calculated based on the guideline value or the sale price, whichever is higher.

When engaging in property transactions, it is essential to be aware of the current guideline value, as it affects the overall cost of registration. Buyers and sellers should consult the guideline value register to ensure they are informed about the applicable rates and fees.

Frequently asked questions

What is the current guideline value of Anna Nagar (Silver Jubliee Street) (Ward 3)?

The current guideline value of Anna Nagar (Silver Jubliee Street) (Ward 3) is Rs 1,040 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 750 per sq.ft in 2012 to Rs 502 per sq.ft in 2017, then increased to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,040 per sq.ft in 2024.

What are the stamp duty and registration fees for a property in this area?

For a property measuring 1,000 sq.ft at the current guideline value, the total guideline value would be Rs 10,40,000. The stamp duty would be Rs 72,800, and the registration fee would be Rs 20,800, totaling Rs 93,600.

Which office handles registrations for Anna Nagar (Silver Jubliee Street) (Ward 3)?

The Coimbatore North Joint 1 Sub Registrar Office handles registrations for Anna Nagar (Silver Jubliee Street) (Ward 3). The office is located on Syryan Church Road, Combatore.

What is the land classification for Anna Nagar (Silver Jubliee Street) (Ward 3)?

Anna Nagar (Silver Jubliee Street) (Ward 3) is classified as Residential Class II Type - I according to the guideline value register.