Guideline Value for Anna Nagar

Anna Nagar guideline value

The current guideline value of Anna Nagar in Perur village, under the Coimbatore South Joint 1 SRO, is Rs 400 per sq.ft, effective from 1 July 2024. This area falls under the Residential Class I Type - III land classification.

How the guideline value of Anna Nagar has changed

The guideline value for Anna Nagar has seen several revisions over the years. The register has no figure for this street for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 360 per sq.ft, and it increased by 11% to reach Rs 400 per sq.ft in the 2024 revision.

From 2023 to 2024, the increase reflects a change in the guideline value per sq.ft. The current figure of Rs 400 per sq.ft is aligned with the median value for the 45 streets in Perur under the Coimbatore South Joint 1 SRO, which ranges from Rs 280 to Rs 900 per sq.ft.

Guideline values in Perur

In Perur, there are 45 streets under the Coimbatore South Joint 1 SRO, with the guideline values for 2024 ranging from Rs 280 to Rs 900 per sq.ft. The guideline value for Anna Nagar is equal to the median value of Rs 400 per sq.ft. Here are some other streets in Perur:

• Angalamman Kovil Street: Rs 500 per sq.ft (2024)
• Amman Kovil Street: Rs 400 per sq.ft (2024)
• Alamara Road: Rs 400 per sq.ft (2024)
• Attru Road: Rs 500 per sq.ft (2024)
• Bharathy Puram: Rs 450 per sq.ft (2024)
• Blake Mariamman Kovil Street: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value would be Rs 4,00,000. The stamp duty at 7% would amount to Rs 28,000, and the registration fee at 2% would be Rs 8,000, resulting in a total of Rs 36,000. It is important to note that the 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 details.

Which Sub Registrar Office covers Anna Nagar?

The Sub Registrar Office covering Anna Nagar is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. For more information, you can find your SRO.

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

The guideline value is an essential factor when buying or selling property, as it determines the stamp duty and registration fees payable at the time of registration. Buyers and sellers must be aware of the current guideline value to ensure compliance with local regulations and to calculate the associated costs accurately.

When a property is registered, the guideline value is used to assess the applicable fees, and it serves as a reference point for the transaction. This ensures that all parties are aware of the financial obligations involved in the property transfer process.

Frequently asked questions

What is the current guideline value of Anna Nagar?

The current guideline value of Anna Nagar is Rs 400 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

The guideline value increased from Rs 360 per sq.ft in 2023 to Rs 400 per sq.ft in 2024, reflecting an 11% increase.

What is the land classification for Anna Nagar?

Anna Nagar falls under the Residential Class I Type - III land classification.

Where can I find the registration office for Anna Nagar?

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

How is the stamp duty calculated for property in Anna Nagar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 4,00,000, the stamp duty at 7% would be Rs 28,000.