Guideline Value for Anna Street

Anna Street guideline value

The current guideline value of Anna Street in Kumarapalayam village is Rs 1,550 per sq.ft, effective from 1 July 2024. This street falls under the Coimbatore South Joint 1 SRO and is classified as Residential Class I Type - I.

How the guideline value of Anna Street has changed

According to the guideline value register, there are no figures for Anna Street for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision set the guideline value at Rs 1,400 per sq.ft, which increased to Rs 1,550 per sq.ft in the 2024 revision, marking an increase of 11%.

This change reflects the most recent adjustment in the guideline value for Anna Street, which is now above the median value for streets in Kumarapalayam. The previous revisions did not provide any figures for this street.

Guideline values in Kumarapalayam

In Kumarapalayam, there are 290 streets under the Coimbatore South Joint 1 SRO with a 2024 guideline value ranging from Rs 1,000 to Rs 2,750 per sq.ft. The median guideline value for these streets is Rs 1,001 per sq.ft, making Anna Street's 2024 figure above the median.

• Anna Pandhidurai: Rs 1,003 per sq.ft (2024)
• Anna padhi: Rs 1,550 per sq.ft (2024)
• Aranganayagam Nagar Cross Street No.1: Rs 1,002 per sq.ft (2024)
• Aranganayagam Nagar Cross Street No.2: Rs 1,002 per sq.ft (2024)
• Aranganayagam Nagar Cross Street No.3: Rs 1,002 per sq.ft (2024)
• Aranganayagam Nagar Cross Street No.4: Rs 1,002 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,550 per sq.ft, the total guideline value amounts to Rs 15,50,000. The stamp duty at 7% would be Rs 1,08,500, and the registration fee at 2% would be Rs 31,000, bringing the total charges to Rs 1,39,500. Please note that the 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?

The Sub Registrar Office that covers Anna Street is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001, in the Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role during property transactions in Kumarapalayam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from property transactions.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory for the legal transfer of property ownership. Buyers should be aware of the guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Anna Street?

The current guideline value of Anna Street is Rs 1,550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Anna Street has changed from Rs 1,400 per sq.ft in 2023 to Rs 1,550 per sq.ft in 2024, an increase of 11%. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the classification of Anna Street?

Anna Street is classified as Residential Class I Type - I under the Coimbatore South Joint 1 SRO.

What are the stamp duty and registration fees for properties in Anna Street?

For a property valued at Rs 15,50,000, the stamp duty would be Rs 1,08,500, and the registration fee would be Rs 31,000, totaling Rs 1,39,500. These fees are calculated based on the guideline value or the sale price, whichever is higher.

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

The Sub Registrar Office for Anna Street is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001.