Guideline Value for Anna Nagar Harijan Colony

Anna Nagar Harijan Colony guideline value

The current guideline value of Anna Nagar Harijan Colony is Rs 670 per sq.ft, effective from 1 July 2024. This area is located in Punjaipuliampatti village, under the Punchaipuliyampatti SRO, and is classified as Residential Class I Type - II.

How the guideline value of Anna Nagar Harijan Colony has changed

The guideline value for Anna Nagar Harijan Colony has seen several revisions over the years. In 2007, the guideline value was Rs 70 per sq.ft, which increased significantly to Rs 600 per sq.ft in 2012. However, it dropped to Rs 402 per sq.ft in 2017. The 2023 revision set the value at Rs 600 per sq.ft, and the most recent revision in 2024 raised it to Rs 670 per sq.ft, marking a 12% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 857%. The changes between revisions include a 49% increase from 2017 to 2023, a 33% decrease from 2012 to 2017, and a remarkable 757% increase from 2007 to 2012. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Punjaipuliampatti

In Punjaipuliampatti, there are 116 streets under the Punchaipuliyampatti SRO that carry a 2024 guideline value ranging from Rs 335 to Rs 1,680 per sq.ft, with a median value of Rs 780 per sq.ft. The guideline value of Anna Nagar Harijan Colony is below this median.

• Anna Street: Rs 780 per sq.ft (2024)
• Anjanenjan Azhagiri Street: Rs 780 per sq.ft (2024)
• Arijana Colony: Rs 335 per sq.ft (2024)
• Ambethkar Street: Rs 1,340 per sq.ft (2024)
• Alampalayam Natham: Rs 335 per sq.ft (2024)
• Avinashi Road: Rs 335 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Nagar Harijan Colony

For a 1,000 sq.ft plot at the current rate of Rs 670 per sq.ft, the guideline value amounts to Rs 6,70,000. The stamp duty at 7% would be Rs 46,900, and the registration fee at 2% would be Rs 13,400, together totaling Rs 60,300. Duty is charged on the guideline value or the sale price, whichever is higher. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anna Nagar Harijan Colony?

The Sub Registrar Office that covers Anna Nagar Harijan Colony is the Punchaipuliyampatti Sub Registrar Office, located at Chathiram Road, Bus Stand Back Side, Punjai Puliayampatti-638459, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration of property transactions in Punjaipuliampatti. It serves as a benchmark for determining the stamp duty and registration fees applicable during the property transfer process.

When buying or selling property, the guideline value is compared to the sale price. The higher of the two values is used to calculate the applicable fees, ensuring that the transaction is registered at a value that reflects the current market conditions.

Frequently asked questions

What is the current guideline value of Anna Nagar Harijan Colony?

The current guideline value of Anna Nagar Harijan Colony is Rs 670 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 70 per sq.ft in 2007 to Rs 670 per sq.ft in 2024, marking a significant increase of 857% overall.

What are the stamp duty and registration fees for property transactions?

The stamp duty is charged at 7% of the guideline value or sale price, and the registration fee is 2%. For a property valued at Rs 6,70,000, the total fees would amount to Rs 60,300.

Where can I find the Sub Registrar Office for Anna Nagar Harijan Colony?

The Sub Registrar Office for Anna Nagar Harijan Colony is located at Chathiram Road, Bus Stand Back Side, Punjai Puliayampatti-638459, Coimbatore registration zone.

What is the median guideline value in Punjaipuliampatti?

The median guideline value in Punjaipuliampatti is Rs 780 per sq.ft, with Anna Nagar Harijan Colony's value being below this median.