Guideline Value for Anna Nagar

Anna Nagar guideline value

The current guideline value of Anna Nagar is Rs 550 per sq.ft, effective from 1 July 2024. This area is located in P. Chettipalayam village and falls under the Coimbatore South Joint 1 SRO. The land classification for this street is Residential Class I Type - II.

How the guideline value of Anna Nagar has changed

The guideline value for Anna Nagar has undergone several revisions over the years. The register has no figure for this street for the years 2002, 2003, 2007, 2012, and 2017. The most recent revisions show that the guideline value was Rs 500 per sq.ft in 2023 and increased to Rs 550 per sq.ft in 2024, marking a change of +10%.

Prior to the 2023 revision, the register does not provide figures for the years mentioned. The 2024 revision reflects a significant adjustment in the guideline value, aligning Anna Nagar above the median value of Rs 470 per sq.ft for other streets in P. Chettipalayam.

Guideline values in P. Chettipalayam

P. Chettipalayam has a total of 240 streets under the Coimbatore South Joint 1 SRO, with guideline values ranging from Rs 220 to Rs 1,300 per sq.ft. Anna Nagar's 2024 figure of Rs 550 per sq.ft is above the median value of Rs 470 per sq.ft for this village.

• Annai Velankanni Nagar: Rs 780 per sq.ft (2024)
• Annai Velankanni Colony: Rs 780 per sq.ft (2024)
• Andi Gounder Street: Rs 220 per sq.ft (2024)
• Ammasai Gounder Street: Rs 220 per sq.ft (2024)
• Amman Nagar: Rs 550 per sq.ft (2024)
• Arumuga Goundanur: Rs 470 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Nagar

For a 1,000 sq.ft plot at the current rate of Rs 550 per sq.ft, the guideline value amounts to Rs 5,50,000. The stamp duty at 7% would be Rs 38,500, and the registration fee at 2% would be Rs 11,000, totaling Rs 49,500. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anna Nagar?

The Sub Registrar Office that covers Anna Nagar is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001, in the Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in P. Chettipalayam

The guideline value is an essential factor during property registration in P. Chettipalayam. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate stamp duty and registration fees based on this value.

When buying or selling property, the guideline value will be referenced to calculate the applicable charges. It is crucial for both buyers and sellers to be aware of the guideline value to understand the financial implications during the transaction.

Frequently asked questions

What is the current guideline value of Anna Nagar?

The current guideline value of Anna Nagar is Rs 550 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

The guideline value increased from Rs 500 per sq.ft in 2023 to Rs 550 per sq.ft in 2024, reflecting a change of +10%.

What is the median guideline value in P. Chettipalayam?

The median guideline value in P. Chettipalayam is Rs 470 per sq.ft, with Anna Nagar's value being above this median.

What are the registration fees for property in Anna Nagar?

The registration fees for property in Anna Nagar include a stamp duty of 7% and a registration fee of 2% based on the guideline value or sale price, whichever is higher.

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

The Sub Registrar Office for Anna Nagar is located at No.410a, Raja Street, Coimbatore-641001, under the Coimbatore South Joint 1 SRO.