Guideline Value for Anna Street 730

Anna Street 730 guideline value

The current guideline value for Anna Street 730 is Rs 250 per sq.ft, effective from 1 July 2024. This street is located in Sivagiri village, under the Sivagiri_Erode SRO, and is classified as Mixed Type - I land.

How the guideline value of Anna Street 730 has changed

The guideline value for Anna Street 730 has seen several revisions over the years. The 2007 revision set the value at Rs 104 per sq.ft, which increased significantly to Rs 250 per sq.ft in the 2012 revision, marking a 140% rise. However, from 2012 to 2017, the value decreased to Rs 167 per sq.ft, reflecting a 33% drop. The 2017 revision then raised it to Rs 250 per sq.ft in 2023, and there was no change in the 2024 revision, which also maintains the value at Rs 250 per sq.ft.

It is important to note that the register has no figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 140%.

Guideline values in Sivagiri

Sivagiri village has a total of 52 streets under the Sivagiri_Erode SRO, with 2024 guideline values ranging from Rs 200 to Rs 250 per sq.ft. The median guideline value for these streets is Rs 200 per sq.ft, placing Anna Street 730 above this median.

• Annamalai Kottai 221: Rs 200 per sq.ft (2024)
• Amman Kovilpudur 508, 507, 155: Rs 200 per sq.ft (2024)
• Awaiyar Street 720, 715: Rs 250 per sq.ft (2024)
• Chettithottam pudur 993, 1012, 1012/4 TO17, 993/6: Rs 200 per sq.ft (2024)
• Chinniyam palayam Sakiliar Street 96: Rs 200 per sq.ft (2024)
• Cylone Colony Thalayanallur: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Street 730

For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total guideline value amounts to Rs 2,50,000. The stamp duty, calculated at 7%, would be Rs 17,500, while the registration fee at 2% would be Rs 5,000, bringing the total cost for these fees to Rs 22,500. It is important 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 Street 730?

The Sub Registrar Office covering Anna Street 730 is the Sivagiri_Erode Sub Registrar Office, located at 1/2 Kumaran Street, Gandhi Road, Sivagiri-638109, Coimbatore registration zone. You can find your SRO for more details.

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

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

When a property is sold, the buyer must ensure that the sale price is at least equal to the guideline value. If the sale price is lower than the guideline value, the duty will be based on the guideline value instead.

Frequently asked questions

What is the current guideline value for Anna Street 730?

The current guideline value for Anna Street 730 is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 104 per sq.ft in 2007 to Rs 250 per sq.ft in 2012, then decreased to Rs 167 per sq.ft in 2017, and returned to Rs 250 per sq.ft in 2023 and 2024.

What is the land classification for Anna Street 730?

Anna Street 730 is classified as Mixed Type - I land according to the local regulations.

Where can I find the Sub Registrar Office for Anna Street 730?

The Sub Registrar Office for Anna Street 730 is the Sivagiri_Erode Sub Registrar Office, located at 1/2 Kumaran Street, Gandhi Road, Sivagiri-638109, Coimbatore registration zone.

How is stamp duty calculated for property transactions?

Stamp duty is calculated based on the guideline value or the sale price of the property, whichever is higher. For example, a property valued at Rs 2,50,000 would incur a stamp duty of Rs 17,500 at a rate of 7%.