Guideline Value for Anna Street

Anna Street guideline value

The current guideline value of Anna Street in Irugur village is Rs 220 per sq.ft, effective from 1 July 2024. This street falls under the jurisdiction of the Singanallur SRO and is classified as Residential Class III Type - III.

How the guideline value of Anna Street has changed

In the 2017 revision, the guideline value for Anna Street was Rs 134 per sq.ft. This increased significantly to Rs 200 per sq.ft in the 2023 revision, marking a 49% rise. The latest revision in 2024 saw another increase to Rs 220 per sq.ft, which is a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that there are no figures available for Anna Street in the revisions from 2002, 2003, 2007, and 2012.

Guideline values in Irugur

In Irugur, there are 307 streets under the Singanallur SRO that have a guideline value for 2024, which ranges from Rs 220 to Rs 2,200 per sq.ft. The median guideline value for these streets is Rs 440 per sq.ft, placing Anna Street's 2024 figure below this median.

• Anna Nagar: Rs 880 per sq.ft (2024)
• Annamalai Gounder Street: Rs 440 per sq.ft (2024)
• Annai india Street: Rs 550 per sq.ft (2024)
• Angappa pannadi santhu: Rs 440 per sq.ft (2024)
• Angannan santhu: Rs 440 per sq.ft (2024)
• Anganna goundar street: Rs 440 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 220 per sq.ft, the total guideline value amounts to Rs 2,20,000. The stamp duty, charged at 7%, would be Rs 15,400, while the registration fee at 2% would be Rs 4,400, bringing the total fees together to Rs 19,800. It is important to 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 Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111. You can find your SRO for further assistance.

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

The guideline value plays a crucial role when buying or selling property in Irugur. It is used to determine the stamp duty and registration fees that must be paid during the registration process. Buyers and sellers must be aware of this value as it directly impacts the overall cost of the transaction.

When a property is registered, the guideline value is assessed to ensure that the correct fees are applied. This means that understanding the guideline value is essential for both parties involved in the transaction to avoid any unexpected costs.

Frequently asked questions

What is the current guideline value of Anna Street?

The current guideline value of Anna Street is Rs 220 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 134 per sq.ft in 2017 to Rs 220 per sq.ft in 2024, marking an overall increase of 64% over this period.

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

For a property valued at Rs 2,20,000, the stamp duty is Rs 15,400 and the registration fee is Rs 4,400, totaling Rs 19,800.

Which office registers properties in Anna Street?

The Singanallur Sub Registrar Office is responsible for registering properties on Anna Street, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.

How does the guideline value affect property transactions?

The guideline value is used to calculate the stamp duty and registration fees during property transactions. It is essential for buyers and sellers to understand this value to ensure they account for all costs involved in the registration process.