Guideline Value for Anna Nagar(peelamedu)

Anna Nagar(peelamedu) guideline value

The current guideline value of Anna Nagar(peelamedu) is Rs 1,680 per sq.ft, effective from 1 July 2024. This area is located in Uppilipalayam village and falls under the Singanallur SRO. The land classification for this street is Residential Special Type - III.

How the guideline value of Anna Nagar(peelamedu) has changed

Over the years, the guideline value for Anna Nagar(peelamedu) has seen significant changes. The guideline value was Rs 400 per sq.ft in 2007, which increased to Rs 1,500 per sq.ft in 2012. However, it then decreased to Rs 1,005 per sq.ft in 2017. Following this, the value saw a substantial increase to Rs 1,500 per sq.ft in 2023, and finally, it rose to Rs 1,680 per sq.ft in the 2024 revision. Notably, there are no figures available for the years 2002 and 2003 for this street.

From 2017 to 2023, the guideline value increased by 49%, and from 2023 to 2024, it rose by 12%. The overall change from 2007 to 2024 is an increase of 320%, highlighting the fluctuations in the guideline value over the years.

Guideline values in Uppilipalayam

In Uppilipalayam, there are 361 streets under the Singanallur SRO that carry a 2024 guideline value ranging from Rs 1,001 to Rs 6,160 per sq.ft, with a median value of Rs 1,232 per sq.ft. The guideline value for Anna Nagar(peelamedu) is above this median.

• Anna nagar(N K palayam): Rs 1,232 per sq.ft (2024)
• Anna nagar: Rs 1,232 per sq.ft (2024)
• Anugraha Apartments: Rs 2,800 per sq.ft (2024)
• Anugraha Garden: Rs 2,016 per sq.ft (2024)
• Annai Thresa Street: Rs 1,003 per sq.ft (2024)
• Annai Sandhiya Nagar: Rs 1,001 per sq.ft (2024)

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

For a 1,000 sq.ft plot at the current rate of Rs 1,680 per sq.ft, the guideline value amounts to Rs 16,80,000. The stamp duty at 7% would be Rs 1,17,600, and the registration fee at 2% would be Rs 33,600, bringing the total to Rs 1,51,200. It is important to note that 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 detailed calculations.

Which Sub Registrar Office covers Anna Nagar(peelamedu)?

The Sub Registrar Office covering Anna Nagar(peelamedu) is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Uppilipalayam. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees that need to be paid. This value serves as a benchmark for the minimum price at which properties can be registered.

It is essential for buyers and sellers to be aware of the guideline value to ensure compliance with legal requirements during property registration. The guideline value can influence the overall cost of the transaction, making it a vital aspect to consider in any property deal.

Frequently asked questions

What is the current guideline value of Anna Nagar(peelamedu)?

The current guideline value of Anna Nagar(peelamedu) is Rs 1,680 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2007 to Rs 1,680 per sq.ft in 2024, showing an overall increase of 320% over the years.

What is the land classification for Anna Nagar(peelamedu)?

Anna Nagar(peelamedu) is classified as Residential Special Type - III.

Where is the Singanallur Sub Registrar Office located?

The Singanallur Sub Registrar Office is located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone.

How is stamp duty calculated for property in Anna Nagar(peelamedu)?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 16,80,000, the stamp duty at 7% would be Rs 1,17,600.