Guideline Value for Anna Nagar main road ward 7 .516/2,3,4,5.590.591

Anna Nagar main road ward 7 .516/2,3,4,5.590.591 guideline value

The current guideline value for Anna Nagar main road ward 7 .516/2,3,4,5.590.591 is Rs 300 per sq.ft, effective from 1 July 2024. This property is located in Mulanur village, under the Moolanur SRO, and is classified as Residential Class II Type - I.

How the guideline value of Anna Nagar main road ward 7 .516/2,3,4,5.590.591 has changed

In the 2012 revision, the guideline value was Rs 300 per sq.ft. This value remained unchanged in the 2017 revision, where it was Rs 201 per sq.ft, marking a decrease of 33%. The value then increased to Rs 300 per sq.ft in the 2023 revision, showing a significant rise of 49% from the 2017 figure. The current 2024 revision also maintains the value at Rs 300 per sq.ft, reflecting a 0% change from 2023.

The register has no figures for the years 2002, 2003, and 2007 for this street. Therefore, we only have figures from the revisions in 2012, 2017, 2023, and 2024 to consider.

Guideline values in Mulanur

In Mulanur, there are 77 streets under the Moolanur SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 500 per sq.ft, with a median of Rs 241 per sq.ft. The guideline value for Anna Nagar main road ward 7 .516/2,3,4,5.590.591 is above this median.

• Anna nagar east street ward 9 515/1A,1B,2,3,516/1,516/6 TO 12,593/1 TO 9: Rs 300 per sq.ft (2024)
• Arivozhi Nagar 583/1: Rs 300 per sq.ft (2024)
• Bharathi Nagar 359/1 to 10: Rs 300 per sq.ft (2024)
• Chinnara valasu Madurai Veeran kovil street ward 5 390: Rs 200 per sq.ft (2024)
• Chinnaravalasu Savadi street ward 5 390: Rs 200 per sq.ft (2024)
• East Harijana StreetGanesan puthur ward 2 689/4: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Nagar main road ward 7 .516/2,3,4,5.590.591

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, totaling Rs 27,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anna Nagar main road ward 7 .516/2,3,4,5.590.591?

The Sub Registrar Office covering Anna Nagar main road ward 7 .516/2,3,4,5.590.591 is the Moolanur Sub Registrar Office, located at No.2, Karur-dharapuram Road, Moolanur - 638106, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process for property transactions in Mulanur. It determines the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately in the official records.

When buying or selling property, the guideline value affects the stamp duty and registration fees that must be paid. Buyers should be aware of the current guideline value to ensure they are prepared for the associated costs during the registration process.

Frequently asked questions

What is the current guideline value for Anna Nagar main road ward 7 .516/2,3,4,5.590.591?

The current guideline value for Anna Nagar main road ward 7 .516/2,3,4,5.590.591 is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Over the years, the guideline value has seen several changes. It was Rs 300 per sq.ft in 2012, decreased to Rs 201 per sq.ft in 2017, and then increased to Rs 300 per sq.ft in both the 2023 and 2024 revisions.

What is the land classification for this property?

The land classification for Anna Nagar main road ward 7 .516/2,3,4,5.590.591 is Residential Class II Type - I, indicating its suitability for residential use.

Where can I find the Sub Registrar Office for this area?

The Moolanur Sub Registrar Office covers Anna Nagar main road ward 7 .516/2,3,4,5.590.591, located at No.2, Karur-dharapuram Road, Moolanur - 638106, Coimbatore registration zone.

How is stamp duty calculated for properties in Mulanur?

Stamp duty for properties in Mulanur is calculated based on the guideline value or the sale price, whichever is higher. The current rate is 7% for stamp duty and 2% for registration fees.