Guideline Value for Anna Street (233/1, 233/2, 233/3)

Anna Street (233/1, 233/2, 233/3) guideline value

The current guideline value for Anna Street (233/1, 233/2, 233/3) is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Ariyappampalayam village and falls under the Sathyamangalam SRO. The land classification for this area is Residential Class I Type - III.

How the guideline value of Anna Street (233/1, 233/2, 233/3) has changed

The guideline value for Anna Street has undergone several revisions over the years. In 2012, the value was set at Rs 200 per sq.ft, which then decreased to Rs 134 per sq.ft in 2017. Following this, the value increased significantly by 49% to Rs 200 per sq.ft in 2023, and it has remained unchanged at Rs 200 per sq.ft in the 2024 revision. The register does not have figures for the revisions in 2002, 2003, and 2007.

Overall, from 2012 to 2024, the guideline value for this street has shown no change, remaining at Rs 200 per sq.ft. The changes between the revisions highlight a decrease from 2012 to 2017, followed by a substantial increase leading to 2023 and 2024.

Guideline values in Ariyappampalayam

Ariyappampalayam village has a total of 37 streets under the Sathyamangalam SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 800 per sq.ft. The median guideline value for these streets is Rs 375 per sq.ft, indicating that Anna Street's current value is below this median.

• Anna Street (4): Rs 200 per sq.ft (2024)
• Aathi Thirvadar Street (215/2): Rs 200 per sq.ft (2024)
• Bhavani River Street (215/2,3,4,5,6,7, 1 To 20,21,22): Rs 200 per sq.ft (2024)
• Eswar Street (217/4): Rs 200 per sq.ft (2024)
• Gandhi Street Kamatchi Amman Kovil Street(127/1): Rs 300 per sq.ft (2024)
• Kaliyaerase Street (215/2): Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Street (233/1, 233/2, 233/3)

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, totaling Rs 18,000. Please note that the 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 further calculations.

Which Sub Registrar Office covers Anna Street (233/1, 233/2, 233/3)?

The Sub Registrar Office that covers Anna Street is the Sathyamangalam Sub Registrar Office, located at No.75, Municipal Primary School, North Street, Atthani Road, Sathyamangalam - 638401, Coimbatore registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in the registration process of property transactions in Ariyappampalayam. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold. The value ensures that the government collects appropriate taxes based on the property's worth as assessed by the guideline value register.

When a buyer or seller engages in a property transaction, the guideline value is referenced to ascertain the official price of the property for registration purposes. This helps in maintaining transparency and consistency in property dealings within the region.

Frequently asked questions

What is the current guideline value for Anna Street (233/1, 233/2, 233/3)?

The current guideline value for Anna Street (233/1, 233/2, 233/3) is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Anna Street was Rs 200 per sq.ft in 2012, decreased to Rs 134 per sq.ft in 2017, then increased to Rs 200 per sq.ft in 2023, and has remained the same in 2024.

What is the land classification for Anna Street?

Anna Street (233/1, 233/2, 233/3) is classified as Residential Class I Type - III.

Where can I find the Sathyamangalam Sub Registrar Office?

The Sathyamangalam Sub Registrar Office is located at No.75, Municipal Primary School, North Street, Atthani Road, Sathyamangalam - 638401, Coimbatore registration zone.

How is the stamp duty calculated for properties in Anna Street?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For instance, a 1,000 sq.ft plot at the current guideline value would incur a total of Rs 18,000 in stamp duty and registration fees.