Guideline Value for Anna Nagar

Anna Nagar guideline value

The current guideline value of Anna Nagar is Rs 300 per sq.ft as per the 2023 revision. This area falls under Sarkarsamakulam village and is classified as Residential Class II Type - I. The relevant Sub Registrar Office for this area is the Periyanayakkan Palayam SRO.

How the guideline value of Anna Nagar has changed

The guideline value for Anna Nagar has seen several revisions over the years. In 2003, the value was Rs 14 per sq.ft, which increased to Rs 28 per sq.ft in 2007. This was a significant rise of 100%. The value then surged dramatically to Rs 300 per sq.ft in 2012, marking an increase of 971%. However, in the 2017 revision, the value dropped to Rs 201 per sq.ft, a decrease of 33%. The most recent revision in 2023 set the guideline value at Rs 300 per sq.ft, reflecting a 49% increase from the previous revision.

Overall, from 2003 to 2023, the guideline value has increased by 2043%. It is important to note that there are no figures available for the years 2002 and 2024 for this street.

Guideline values in Sarkarsamakulam

Currently, there are no specific village figures provided for Sarkarsamakulam. The guideline value for Anna Nagar sits within this village. There are no other streets in Sarkarsamakulam listed under the Periyanayakkan Palayam SRO.

Stamp duty and registration fee for property in Anna Nagar

For a 1,000 sq.ft plot at the current rate of Rs 300 per sq.ft, the guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, totaling Rs 27,000. It is essential to note that duty is charged on the higher of the guideline value or the sale price. 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 Periyanayakkan Palayam Sub Registrar Office, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Sarkarsamakulam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When registering a property, the higher value between the guideline value and the sale price is considered for calculating the applicable duties. This ensures that the transaction is aligned with the official valuation set by the authorities.

Frequently asked questions

What is the current guideline value of Anna Nagar?

The current guideline value of Anna Nagar is Rs 300 per sq.ft as per the 2023 revision.

How much has the guideline value changed over the years?

The guideline value has changed significantly from Rs 14 per sq.ft in 2003 to Rs 300 per sq.ft in 2023, representing an overall increase of 2043% over the 20-year period.

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

For a property valued at Rs 3,00,000, the stamp duty would be Rs 21,000 and the registration fee would be Rs 6,000, totaling Rs 27,000.

Which Sub Registrar Office covers Anna Nagar?

The Periyanayakkan Palayam Sub Registrar Office covers Anna Nagar, located at No.171, kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

Are there any other streets in Sarkarsamakulam with guideline values?

Currently, there are no other streets in Sarkarsamakulam listed under the Periyanayakkan Palayam SRO, and no specific village figures have been provided.