Guideline Value for Anna Street

Anna Street guideline value

The current guideline value of Anna Street in Punjaipuliampatti village is Rs 780 per sq.ft, effective from 1 July 2024. This street falls under the Punchaipuliyampatti SRO and is classified as Residential Class I Type - I.

How the guideline value of Anna Street has changed

The guideline value for Anna Street has undergone several revisions over the years. In 2007, the value was set at Rs 95 per sq.ft. This figure saw a significant increase in 2012 to Rs 700 per sq.ft, followed by a decrease to Rs 469 per sq.ft in 2017. The 2023 revision brought the value back up to Rs 700 per sq.ft, and the latest revision in 2024 increased it to Rs 780 per sq.ft.

Between the revisions, the changes are notable. From 2007 to 2012, there was a remarkable increase of 637%. However, from 2012 to 2017, the value decreased by 33%. The value then increased by 49% from 2017 to 2023, and the most recent change from 2023 to 2024 reflects an increase of 11%. Overall, from 2007 to 2024, the guideline value has increased by 721%.

Guideline values in Punjaipuliampatti

In Punjaipuliampatti, there are 116 streets under the Punchaipuliyampatti SRO that carry a 2024 guideline value ranging from Rs 335 to Rs 1,680 per sq.ft. The median value for these streets is Rs 780 per sq.ft, which is equal to the guideline value of Anna Street.

• Anna Nagar Harijan Colony: Rs 670 per sq.ft (2024)
• Arijana Colony: Rs 335 per sq.ft (2024)
• Anjanenjan Azhagiri Street: Rs 780 per sq.ft (2024)
• Ambethkar Street: Rs 1,340 per sq.ft (2024)
• Avinashi Road: Rs 335 per sq.ft (2024)
• Awvai Street: Rs 560 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 780 per sq.ft, the total guideline value would be Rs 7,80,000. The stamp duty at 7% would amount to Rs 54,600, and the registration fee at 2% would be Rs 15,600, making the total cost for these fees Rs 70,200. Please note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anna Street?

Anna Street is covered by the Punchaipuliyampatti Sub Registrar Office, located at Chathiram Road, Bus Stand Back Side, Punjai Puliayampatti-638459, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property. It serves as a benchmark for determining the stamp duty and registration fees payable during the transaction.

When a property is sold, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Anna Street?

The current guideline value of Anna Street is Rs 780 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 95 per sq.ft in 2007 to Rs 780 per sq.ft in 2024, reflecting an overall increase of 721% over the years.

What are the stamp duty rates applicable for properties on Anna Street?

The stamp duty rate for properties on Anna Street is 7%, while the registration fee is 2% of the guideline value or sale price, whichever is higher.

Where can I find the Punchaipuliyampatti Sub Registrar Office?

The Punchaipuliyampatti Sub Registrar Office is located at Chathiram Road, Bus Stand Back Side, Punjai Puliayampatti-638459, Coimbatore registration zone.

What is the median guideline value for streets in Punjaipuliampatti?

The median guideline value for streets in Punjaipuliampatti is Rs 780 per sq.ft, which is the same as the guideline value for Anna Street.