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Guideline Value

Corporate

Guideline Value for Anna Nagar L Block (ward 16)

₹1000/sq.ft.

The guideline value for Anna Nagar L Block (ward 16) in Kavundampalayam village (Vadavalli SRO, Coimbatore zone) is Rs 1000 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Kavundampalayam

Village

Vadavalli

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹1000 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /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)

Subregistrar Office, Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046
0422-2425260
[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 L Block (ward 16)

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Anna Nagar L Block (ward 16) guideline value

The current guideline value of Anna Nagar L Block (ward 16) is Rs 1,000 per sq.ft, effective from 1 July 2024. This area is located in Kavundampalayam village and falls under the Vadavalli SRO. The land classification for this block is Residential Class I Type - II.

How the guideline value of Anna Nagar L Block (ward 16) has changed

In the 2012 revision, the guideline value was set at Rs 800 per sq.ft. This increased to Rs 536 per sq.ft in the 2017 revision, marking a decrease of 33%. However, from 2017 to 2023, the value rose significantly to Rs 1,000 per sq.ft, which represents an increase of 87%. The 2023 revision also maintained the same rate of Rs 1,000 per sq.ft for the 2024 revision, showing no change.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 25%. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Kavundampalayam

Kavundampalayam village has a total of 565 streets under the Vadavalli SRO, with guideline values ranging from Rs 1,000 to Rs 4,405 per sq.ft as of 2024. The median guideline value for these streets is Rs 1,000 per sq.ft, which is equal to the current figure for Anna Nagar L Block (ward 16).

Stamp duty and registration fee for property in Anna Nagar L Block (ward 16)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total fees together to Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Anna Nagar L Block (ward 16)?

The Anna Nagar L Block (ward 16) is covered by the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046. You can find your SRO for more details.

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

The guideline value is a crucial factor in property transactions, as it determines the minimum value at which properties can be registered. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, ensuring that the transaction is in compliance with local regulations.

It is essential for buyers and sellers to be aware of the current guideline value, as it can affect the overall cost of the transaction. This value serves as a benchmark for property pricing, ensuring transparency in the real estate market.

Frequently asked questions

What is the current guideline value of Anna Nagar L Block (ward 16)?

The current guideline value of Anna Nagar L Block (ward 16) is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 800 per sq.ft in 2012 to Rs 1,000 per sq.ft in 2024, with various revisions in between, including a decrease in 2017 and a significant increase from 2017 to 2023.

What is the land classification for Anna Nagar L Block (ward 16)?

Anna Nagar L Block (ward 16) is classified as Residential Class I Type - II, indicating its suitability for residential development.

Where can I find the registration office for Anna Nagar L Block (ward 16)?

The registration office for Anna Nagar L Block (ward 16) is the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.

How is the guideline value used in property transactions?

The guideline value is used to determine the minimum registration value for properties and is essential for calculating stamp duty and registration fees during property transactions.