Guideline Value for Anna Nagar

Anna Nagar guideline value

The current guideline value of Anna Nagar, located in Dharapuram Ward 6 under the Dharapuram SRO, is Rs 1,330 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Special Type - II.

How the guideline value of Anna Nagar has changed

Over the years, the guideline value of Anna Nagar has seen several revisions. The 2012 revision set the value at Rs 1,200 per sq.ft, which was then reduced to Rs 804 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 1,200 per sq.ft, and the latest revision in 2024 raised it further to Rs 1,330 per sq.ft, marking an increase of 11% from the previous year.

From 2017 to 2023, the guideline value increased by 49%. Overall, from 2012 to 2024, the value has increased by 11%. It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street.

Guideline values in Dharapuram Ward 6

Dharapuram Ward 6 contains 63 streets, with guideline values ranging from Rs 645 to Rs 1,820 per sq.ft. The median value for this ward is Rs 1,330 per sq.ft, which is equal to the current guideline value of Anna Nagar.

• Ambalakara Street (Pookara Street): Rs 800 per sq.ft (2024)
• Alangiyam Road: Rs 800 per sq.ft (2024)
• Beemar Agrakaram: Rs 800 per sq.ft (2024)
• Beemar Main Street: Rs 800 per sq.ft (2024)
• Beemar New Agrakaram: Rs 800 per sq.ft (2024)
• Bharathiyar Street: Rs 1,330 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 1,330 per sq.ft, the total guideline value amounts to Rs 13,30,000. The stamp duty at 7% would be Rs 93,100, and the registration fee at 2% would be Rs 26,600, together totaling Rs 1,19,700. It is essential to note that 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 further assistance.

Which Sub Registrar Office covers Anna Nagar?

The Sub Registrar Office that covers Anna Nagar is the Dharapuram Sub Registrar Office, located at Taluk Office Compound, Dharapuram 638 656, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Dharapuram Ward 6

The guideline value plays a crucial role in the registration process when buying or selling property in Dharapuram Ward 6. It is used to determine the stamp duty and registration fees, ensuring that the transaction is recorded accurately in the official registry.

When a buyer or seller engages in a property transaction, the guideline value is referenced to calculate the necessary fees. This ensures transparency and compliance with local regulations during the registration process.

Frequently asked questions

What is the current guideline value of Anna Nagar?

The current guideline value of Anna Nagar is Rs 1,330 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,200 per sq.ft in 2012 to Rs 804 per sq.ft in 2017, then increased to Rs 1,200 per sq.ft in 2023, and finally to Rs 1,330 per sq.ft in 2024.

What is the median guideline value in Dharapuram Ward 6?

The median guideline value in Dharapuram Ward 6 is Rs 1,330 per sq.ft, which is the same as the current guideline value for Anna Nagar.

What are the stamp duty rates in Anna Nagar?

The stamp duty rate in Anna Nagar is 7%, and the registration fee is 2% of the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office for Anna Nagar located?

The Sub Registrar Office for Anna Nagar is located at Taluk Office Compound, Dharapuram 638 656, Coimbatore registration zone.