Guideline Value for Anna Nagar / Street

Anna Nagar / Street guideline value

The current guideline value for Anna Nagar / Street in Peedampalli village, under the Singanallur SRO, is Rs 165 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class II Type - I.

How the guideline value of Anna Nagar / Street has changed

In the 2012 revision, the guideline value for Anna Nagar / Street was set at Rs 100 per sq.ft. This figure remained unchanged until the 2023 revision, which also recorded Rs 100 per sq.ft. However, in the 2024 revision, the guideline value increased to Rs 165 per sq.ft, marking a significant change of 65% from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 65%. There are no figures available for the revisions in the years 2002, 2003, 2007, and 2017 for this street.

Guideline values in Peedampalli

In Peedampalli, there are 156 streets under the Singanallur SRO that carry a 2024 guideline value ranging from Rs 110 to Rs 1,050 per sq.ft. The median value for these streets is Rs 165 per sq.ft, which is equal to the current guideline value for Anna Nagar / Street.

• Annai Surya Nagar: Rs 110 per sq.ft (2024)
• Annai Gardens: Rs 440 per sq.ft (2024)
• Annai Ganga Nair Township 1 to 4: Rs 165 per sq.ft (2024)
• Amman Sakthi Nagar: Rs 220 per sq.ft (2024)
• Amman Nagar: Rs 220 per sq.ft (2024)
• Aswin Ragam Garden: Rs 635 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Nagar / Street

For a 1,000 sq.ft plot at the current guideline value of Rs 165 per sq.ft, the total guideline value amounts to Rs 1,65,000. The stamp duty, calculated at 7%, would be Rs 11,550, while the registration fee at 2% would be Rs 3,300. Therefore, the total cost for stamp duty and registration fee would be Rs 14,850. It is important to note that the 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 detailed calculations.

Which Sub Registrar Office covers Anna Nagar / Street?

The Anna Nagar / Street is covered by the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Peedampalli. It determines the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on the guideline value.

When buying or selling property, it is essential to be aware of the guideline value, as it may influence the final sale price. Buyers should ensure that the sale price is not lower than the guideline value to avoid any legal issues during registration.

Frequently asked questions

What is the current guideline value for Anna Nagar / Street?

The current guideline value for Anna Nagar / Street is Rs 165 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2012 revision, the guideline value has increased from Rs 100 per sq.ft to Rs 165 per sq.ft in 2024, representing a 65% increase overall. The value remained unchanged from 2012 to 2023.

What is the land classification for Anna Nagar / Street?

Anna Nagar / Street is classified as Residential Class II Type - I, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for Anna Nagar / Street?

The Singanallur Sub Registrar Office, which covers Anna Nagar / Street, is located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.

How is the stamp duty calculated for properties in Anna Nagar / Street?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 1,65,000 incurs a stamp duty of Rs 11,550.