Guideline Value for Anna Nagar

Anna Nagar guideline value

The current guideline value of Anna Nagar, located in Dharapuram Ward 7 village under the Dharapuram SRO, is Rs 1,330 per sq.ft, effective from 1 July 2024. This area is classified as Residential Special Type - III.

How the guideline value of Anna Nagar has changed

The guideline value for Anna Nagar has seen several revisions over the years. In the 2012 revision, the value was Rs 1,200 per sq.ft, which decreased 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. The most recent revision in 2024 has set the guideline value at Rs 1,330 per sq.ft, marking an increase of 11% from the previous year.

From 2017 to 2023, there was a significant increase of 49%. Overall, from 2012 to 2024, the guideline value has increased by 11%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Dharapuram Ward 7

In Dharapuram Ward 7, there are 52 streets under the Dharapuram SRO with a 2024 guideline value ranging from Rs 770 to Rs 1,820 per sq.ft. The median value is Rs 1,330 per sq.ft, which is equal to the current guideline value for Anna Nagar.

• Bye Bass Road: Rs 1,820 per sq.ft (2024)
• Chenniyappa Nagar (Utumalai Road): Rs 1,820 per sq.ft (2024)
• Chettiyar Thottam: Rs 770 per sq.ft (2024)
• College Road (Housing Unit House Site): Rs 770 per sq.ft (2024)
• Dhanalakshmi Nagar (Thatchamputhur Road): Rs 770 per sq.ft (2024)
• Doctor Queaters: Rs 770 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 would be 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, bringing the total to Rs 1,19,700. Please note that the duty is charged on the higher of the guideline value and 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 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 7

The guideline value plays a crucial role in property transactions in Dharapuram Ward 7. It is used to determine the stamp duty and registration fees that need to be paid during the registration process. Buyers and sellers should be aware that these fees are calculated based on the guideline value or the sale price, whichever is higher.

This ensures that the government receives the appropriate revenue from property transactions. It is important for buyers to check the latest guideline values to understand the financial implications of their property dealings.

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 back to Rs 1,200 per sq.ft in 2023, and finally to Rs 1,330 per sq.ft in 2024.

What is the stamp duty rate for property in Anna Nagar?

The stamp duty rate for property transactions in Anna Nagar is 7% of the guideline value or the 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.

How many streets are there in Dharapuram Ward 7?

There are 52 streets in Dharapuram Ward 7 under the Dharapuram SRO that carry a 2024 guideline value.