Guideline Value for Anna Street

Anna Street guideline value

The current guideline value of Anna Street in Telgupalayam village is Rs 1,650 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 - II.

How the guideline value of Anna Street has changed

The guideline value for Anna Street has undergone several revisions over the years. The register has no figure for this street for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 1,500 per sq.ft, which increased to Rs 1,650 per sq.ft in the 2024 revision, marking a change of +10%.

The current guideline value of Rs 1,650 per sq.ft reflects the latest update, which is significant compared to the previous year's figure. The increase indicates a shift in the valuation of properties in this area, aligning with the overall revisions in the Coimbatore zone.

Guideline values in Telgupalayam

In Telgupalayam, there are 223 streets under the Coimbatore South Joint 1 SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 4,000 per sq.ft. The median guideline value in this village is Rs 1,002 per sq.ft, and Anna Street's 2024 figure is above that median.

• Angannan Sandhu: Rs 1,003 per sq.ft (2024)
• Arumuga Sandhu: Rs 1,003 per sq.ft (2024)
• Ananda Housing Colony: Rs 1,350 per sq.ft (2024)
• Amman Kovil Street: Rs 1,800 per sq.ft (2024)
• Ambethkar Street: Rs 2,000 per sq.ft (2024)
• Ayikkonar Street: 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 1,650 per sq.ft, the total guideline value amounts to Rs 16,50,000. The stamp duty at 7% would be Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, totaling Rs 1,48,500. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

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. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Telgupalayam. 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 registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the transaction is in compliance with the regulations set forth by the Registration Department.

Frequently asked questions

What is the current guideline value of Anna Street?

The current guideline value of Anna Street is Rs 1,650 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 1,500 per sq.ft in 2023 to Rs 1,650 per sq.ft in 2024, which is a 10% increase. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification of Anna Street?

Anna Street is classified as Residential Class I Type - II, indicating its suitability for residential development.

Where can I find the registration office for Anna Street?

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

How is stamp duty calculated for properties in Anna Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a 1,000 sq.ft plot at the current guideline value results in a total guideline value of Rs 16,50,000, leading to a stamp duty of Rs 1,15,500.