Guideline Value for Anna Street (439/2)

Anna Street (439/2) guideline value

The current guideline value of Anna Street (439/2) in P.Mettupalayam village, under the Kavundapadi SRO, is Rs 200 per sq.ft, effective from 1 July 2024. This property falls under the Residential Class III Type - V land classification.

How the guideline value of Anna Street (439/2) has changed

The guideline value for Anna Street (439/2) has seen several revisions over the years. In 2002, the value was Rs 26 per sq.ft, which increased to Rs 29 per sq.ft in 2003, marking a 12% rise. The value continued to rise to Rs 46 per sq.ft in 2007, reflecting a 59% increase. In 2012, the value reached Rs 100 per sq.ft, showing a significant 117% increase from the previous revision. However, in 2017, the value dropped to Rs 67 per sq.ft, indicating a decrease of 33%. The guideline value then increased dramatically to Rs 200 per sq.ft in 2023, representing a 199% rise. The current value remains the same at Rs 200 per sq.ft as of the 2024 revision, indicating no change from the previous year.

There are no figures available for revisions in years other than those listed. The overall change from 2002 to 2024 reflects an increase of 669% in the guideline value.

Guideline values in P.Mettupalayam

In P.Mettupalayam, there are 65 streets under the Kavundapadi SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 300 per sq.ft, with the median being Rs 200 per sq.ft. Anna Street (439/2) is at this median value for 2024.

• Andipalayam Main Road (55/1): Rs 200 per sq.ft (2024)
• Avaiyar street (548/2): Rs 200 per sq.ft (2024)
• Ayyampalayam Road(507/1): Rs 200 per sq.ft (2024)
• Bharathiyar Street (548/2): Rs 200 per sq.ft (2024)
• Boomandigoundanur (420/1,2,421/1,2,3, 425/6,7,8): Rs 200 per sq.ft (2024)
• Boomandigoundanur Main Road (434/2,3,4,443/1): Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Street (439/2)

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value would be Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, making the total Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anna Street (439/2)?

The Sub Registrar Office that covers Anna Street (439/2) is the Kavundapadi Sub Registrar Office, located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in P.Mettupalayam. It serves as the benchmark for determining the stamp duty and registration fees applicable during the registration process. Buyers and sellers must consider this value to ensure compliance with local regulations.

When a property is registered, the guideline value is used to calculate the applicable duties and fees. This value is essential for both the buyer and seller to understand, as it impacts the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Anna Street (439/2)?

The current guideline value of Anna Street (439/2) is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 26 per sq.ft in 2002 to Rs 200 per sq.ft in 2024, reflecting a total increase of 669% over the years.

What is the land classification of Anna Street (439/2)?

Anna Street (439/2) falls under the Residential Class III Type - V land classification.

Where can I find the Sub Registrar Office for this property?

The Kavundapadi Sub Registrar Office covers Anna Street (439/2) and is located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone.

How is the stamp duty calculated for properties in P.Mettupalayam?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the total stamp duty would be Rs 14,000.