Guideline Value for Anna Nagar

Anna Nagar guideline value

The current guideline value of Anna Nagar, located in Sanganur, is Rs 1,100 per sq.ft, effective from 1 July 2024. This area falls under the Gandhipuram Sub Registrar Office (SRO) and is classified as Residential Class II Type - I.

How the guideline value of Anna Nagar has changed

The guideline value of Anna Nagar has undergone several revisions over the years. In 2007, the guideline value was Rs 200 per sq.ft. This increased significantly to Rs 800 per sq.ft in 2012, marking a 300% rise. However, the value then decreased to Rs 536 per sq.ft in 2017, which was a decline of 33%. Following this, the value saw a substantial increase to Rs 1,000 per sq.ft in 2023, reflecting an 87% rise. The most recent revision in 2024 set the guideline value at Rs 1,100 per sq.ft, a 10% increase from the previous year.

It is important to note that there are no recorded figures for the years 2002 and 2003 for this street in the register. Overall, from 2007 to 2024, the guideline value has increased by 450%.

Guideline values in Sanganur.

In Sanganur, there are 394 streets under the Gandhipuram SRO with guideline values ranging from Rs 1,100 to Rs 10,080 per sq.ft. The median guideline value for these streets is Rs 1,120 per sq.ft, which means that Anna Nagar's 2024 figure is below that median. Below are the guideline values for other streets in Sanganur:

• Anna Nagar New Line Street: Rs 1,100 per sq.ft (2024)
• Annaiappan Street (Nallampalayam Natham): Rs 1,100 per sq.ft (2024)
• Annaiappan Street: Rs 1,120 per sq.ft (2024)
• Anna Street: Rs 1,100 per sq.ft (2024)
• Anbu Nagar: Rs 1,100 per sq.ft (2024)
• ARGA Layout: Rs 1,900 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 1,100 per sq.ft, the guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total fees to Rs 99,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anna Nagar?

The Sub Registrar Office that covers Anna Nagar is the Gandhipuram Sub Registrar Office, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Sanganur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction. Buyers should be aware that the guideline value is set by the government and reflects the market conditions of the area.

When a property is sold, the registration office uses the guideline value to calculate the applicable fees. This ensures that the transaction is recorded accurately and that the appropriate taxes are collected. It is essential for both buyers and sellers to understand how the guideline value affects their financial obligations during the property transaction.

Frequently asked questions

What is the current guideline value of Anna Nagar?

The current guideline value of Anna Nagar is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, starting from Rs 200 per sq.ft in 2007 to Rs 1,100 per sq.ft in 2024, reflecting a significant increase of 450% over the years.

What are the stamp duty and registration fees for property in Anna Nagar?

For a property valued at Rs 11,00,000, the stamp duty is Rs 77,000 and the registration fee is Rs 22,000, totaling Rs 99,000.

Which Sub Registrar Office covers Anna Nagar?

The Gandhipuram Sub Registrar Office covers Anna Nagar, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

What is the land classification of Anna Nagar?

Anna Nagar is classified as Residential Class II Type - I, indicating its suitability for residential purposes.