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Guideline Value

Corporate

Guideline Value for Anna Nagar (Ward 2)

₹220/sq.ft.

The guideline value for Anna Nagar (ward 2) in Narasimmanaickenpalayam village (Periyanayakkan Palayam SRO, Coimbatore zone) is Rs 220 per sq.ft, effective 1 July 2024. It was Rs 200 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - V. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Narasimmanaickenpalayam

Village

Periyanayakkan Palayam

SRO

Residential Class III Type - V
History
Period Guideline Value
From 1-7-2024 ₹220 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹121 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹180 /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 2)

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Anna Nagar (Ward 2) guideline value

The current guideline value for Anna Nagar (Ward 2) is Rs 220 per sq.ft, effective from 1 July 2024. This area is located in Narasimmanaickenpalayam village and falls under the Periyanayakkan Palayam SRO. The land classification for this street is Residential Class III Type - V.

How the guideline value of Anna Nagar (Ward 2) has changed

Over the years, the guideline value for Anna Nagar (Ward 2) has seen several revisions. The most recent revision in 2024 set the value at Rs 220 per sq.ft, an increase from Rs 200 per sq.ft in 2023, marking a 10% rise. The 2023 figure was a significant jump from Rs 121 per sq.ft in 2017, reflecting a 65% increase. Prior to that, the value was Rs 180 per sq.ft in 2012, indicating a decrease of 33% from the 2017 figure. Overall, from 2012 to 2024, the guideline value has increased by 22%.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. The 2012 revision was the last before the 2017 revision, and the changes since then have been noteworthy, especially the rise seen in the latest revisions.

Guideline values in Narasimmanaickenpalayam

Narasimmanaickenpalayam village 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 2)'s 2024 figure below that median.

Stamp duty and registration fee for property in Anna Nagar (Ward 2)

For a 1,000 sq.ft plot at the current guideline value of Rs 220 per sq.ft, the total guideline value would be Rs 2,20,000. The stamp duty at 7% would amount to Rs 15,400, and the registration fee at 2% would be Rs 4,400, making the total cost for these fees Rs 19,800. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anna Nagar (Ward 2)?

The Sub Registrar Office that covers Anna Nagar (Ward 2) is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration process of property transactions in Narasimmanaickenpalayam. When you buy or sell property, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that these costs are calculated based on the official values set by the government.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the financial aspects of property transactions. Understanding this value can help in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value for Anna Nagar (Ward 2)?

The current guideline value for Anna Nagar (Ward 2) is Rs 220 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 180 per sq.ft in 2012 to Rs 220 per sq.ft in 2024, showing an overall increase of 22% over this period.

What are the stamp duty and registration fees for property in Anna Nagar (Ward 2)?

For a property valued at Rs 2,20,000, the stamp duty would be Rs 15,400 and the registration fee would be Rs 4,400, totaling Rs 19,800.

Which Sub Registrar Office should I contact for Anna Nagar (Ward 2)?

The Periyanayakkan Palayam Sub Registrar Office covers Anna Nagar (Ward 2) and is located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

What is the median guideline value in Narasimmanaickenpalayam?

The median guideline value for streets in Narasimmanaickenpalayam is Rs 310 per sq.ft, with Anna Nagar (Ward 2)'s value being below that median at Rs 220 per sq.ft.