Guideline Value for Anna Nagar

Anna Nagar guideline value

The current guideline value of Anna Nagar in Perianaickenpalayam village, under the Periyanayakkan Palayam SRO, is Rs 620 per sq.ft, effective from 1 July 2024. The land classification for this area is Mixed Type - II.

How the guideline value of Anna Nagar has changed

Over the years, the guideline value for Anna Nagar has seen several revisions. The 2007 revision set the value at Rs 102 per sq.ft, which increased significantly to Rs 550 per sq.ft in 2012. However, there was a decrease to Rs 368 per sq.ft in the 2017 revision. The guideline value then rose to Rs 550 per sq.ft in 2023, before reaching the current value of Rs 620 per sq.ft in the 2024 revision.

In terms of percentage changes, the value increased by 439% from 2007 to 2012, decreased by 33% from 2012 to 2017, and increased by 49% from 2017 to 2023. The most recent change from 2023 to 2024 reflects a 13% increase. Overall, from 2007 to 2024, the guideline value has increased by 508%.

Guideline values in Perianaickenpalayam

In Perianaickenpalayam, there are 142 streets under the Periyanayakkan Palayam SRO that carry a 2024 guideline value ranging from Rs 220 to Rs 1,670 per sq.ft, with a median value of Rs 440 per sq.ft. The guideline value for Anna Nagar is above this median.

• Angalamman Kovil Veethi: Rs 220 per sq.ft (2024)
• Ammasai Gounder Veethi: Rs 340 per sq.ft (2024)
• Amma Avenue: Rs 340 per sq.ft (2024)
• Amirthanandamayee Nagar: Rs 500 per sq.ft (2024)
• Ashoka Kadai Veethi: Rs 1,110 per sq.ft (2024)
• Ayothi Naidu Veethi: Rs 280 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 620 per sq.ft, the total guideline value amounts to Rs 6,20,000. The stamp duty at 7% would be Rs 43,400, and the registration fee at 2% would be Rs 12,400, making the total cost for these fees Rs 55,800. Duty is charged on the guideline value or the sale price, whichever is higher. 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 Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020. You can find your SRO for more information.

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

The guideline value is a critical factor when buying or selling property in Perianaickenpalayam. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on the official valuation of the property.

When registering a property, the guideline value will be used to determine the applicable fees. Buyers should be aware that the duty is charged on the higher of the guideline value or the sale price, which can affect the total cost of the transaction.

Frequently asked questions

What is the current guideline value of Anna Nagar?

The current guideline value of Anna Nagar is Rs 620 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 102 per sq.ft in 2007 to Rs 620 per sq.ft in 2024, reflecting an overall increase of 508% over the years.

What is the land classification for Anna Nagar?

Anna Nagar is classified as Mixed Type - II under the land classification system.

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

The stamp duty is charged at 7% and the registration fee at 2% of the guideline value. For a property valued at Rs 6,20,000, the total fees would amount to Rs 55,800.

Where is the Sub Registrar Office for Anna Nagar located?

The Sub Registrar Office for Anna Nagar is located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.