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Guideline Value

Corporate

Guideline Value for Anna Nagar (Ward - 15)

₹380/sq.ft.

The guideline value for Anna Nagar (ward - 15) in Narasimmanaickenpalayam village (Periyanayakkan Palayam SRO, Coimbatore zone) is Rs 380 per sq.ft, effective 1 July 2024. It was Rs 341 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Narasimmanaickenpalayam

Village

Periyanayakkan Palayam

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹380 /sq.ft.
From 1-4-2023 ₹341 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹228 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹340 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.171,kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020
0422-2469010
[email protected]

DRO (District Registrar Office)

District Registara Office, Syriyan Church Road, Corporation Marriage Hall, Coimbatore -641001
0422-2300722
[email protected],[email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Anna Nagar (ward - 15)

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Anna Nagar (Ward - 15) guideline value

The current guideline value for Anna Nagar (Ward - 15) is Rs 380 per sq.ft, effective from 1 July 2024. This area is located in Narasimmanaickenpalayam village under the Periyanayakkan Palayam SRO, classified as Residential Class I Type - II.

How the guideline value of Anna Nagar (Ward - 15) has changed

Over the years, the guideline value for Anna Nagar (Ward - 15) has experienced several revisions. The 2012 revision set the value at Rs 340 per sq.ft, which then decreased to Rs 228 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 341 per sq.ft in 2023, marking a 50% rise from 2017. The most recent revision in 2024 has further increased the value to Rs 380 per sq.ft, reflecting an 11% increase from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 12% despite the dip noted between 2012 and 2017.

Guideline values in Narasimmanaickenpalayam

Narasimmanaickenpalayam has a total of 153 streets under the Periyanayakkan Palayam SRO, with guideline values ranging from Rs 220 to Rs 1,340 per sq.ft. The median guideline value for these streets is Rs 310 per sq.ft, placing Anna Nagar (Ward - 15) above this median with its current value of Rs 380 per sq.ft.

Stamp duty and registration fee for property in Anna Nagar (Ward - 15)

For a 1,000 sq.ft plot at the current guideline value of Rs 380 per sq.ft, the total guideline value would be Rs 3,80,000. The stamp duty at 7% would amount to Rs 26,600, while the registration fee at 2% would be Rs 7,600. Together, the total fees would be Rs 34,200. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anna Nagar (Ward - 15)?

The Sub Registrar Office that covers Anna Nagar (Ward - 15) is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020. You can find your SRO for more details.

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

The guideline value plays a crucial role in property transactions in Narasimmanaickenpalayam. It is used to determine the stamp duty and registration fees that buyers must pay when purchasing property. This ensures that the government receives a fair amount of revenue based on the established values for different areas.

When selling property, the guideline value helps establish a baseline for negotiations and can influence the final sale price. Buyers and sellers should be aware of the current guideline value to ensure compliance with legal requirements during the registration process.

Frequently asked questions

What is the current guideline value for Anna Nagar (Ward - 15)?

The current guideline value for Anna Nagar (Ward - 15) is Rs 380 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 340 per sq.ft in 2012 to Rs 228 per sq.ft in 2017, then increased to Rs 341 per sq.ft in 2023, and finally to Rs 380 per sq.ft in 2024.

What is the land classification for Anna Nagar (Ward - 15)?

Anna Nagar (Ward - 15) is classified as Residential Class I Type - II under the Periyanayakkan Palayam SRO.

Where can I find the Sub Registrar Office for Anna Nagar (Ward - 15)?

The Sub Registrar Office for Anna Nagar (Ward - 15) is located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

How is the stamp duty calculated for property in Anna Nagar (Ward - 15)?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 380 per sq.ft would incur a stamp duty of Rs 26,600.