Guideline Value for Anna Street

Anna Street guideline value

The current guideline value of Anna Street in Vellalore village, under the Singanallur SRO, is Rs 220 per sq.ft, effective from 1 July 2024. This street falls under the Residential Class II Type - III land classification.

How the guideline value of Anna Street has changed

The guideline value for Anna Street has undergone several revisions over the years. The 2012 revision set the value at Rs 200 per sq.ft. However, in the 2017 revision, it decreased significantly to Rs 134 per sq.ft, marking a reduction of 33%. The value then increased to Rs 200 per sq.ft in the 2023 revision, followed by a further increase to Rs 220 per sq.ft in the 2024 revision, representing a 10% rise.

From the 2017 revision to the 2023 revision, there was a substantial increase of 49%. Overall, comparing the 2012 revision to the 2024 revision, the guideline value has increased by 10%. The register does not contain figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Vellalore

In Vellalore, there are 307 streets under the Singanallur SRO, with guideline values ranging from Rs 210 to Rs 3,850 per sq.ft. The median guideline value for these streets is Rs 330 per sq.ft, placing Anna Street's 2024 figure below this median.

• Anugraha gardens: Rs 220 per sq.ft (2024)
• Appachiar Street: Rs 275 per sq.ft (2024)
• Appai naidu layout: Rs 330 per sq.ft (2024)
• Appa Naidu Layout Extension: Rs 770 per sq.ft (2024)
• Appanaidu Layout Part: Rs 770 per sq.ft (2024)
• Anna Nagar: Rs 275 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 at 7% would be Rs 15,400, while the registration fee at 2% would be Rs 4,400, leading to a total of Rs 19,800. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anna Street?

Anna Street is covered by the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, in the Coimbatore registration zone. You can find your SRO for additional information.

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

The guideline value plays a crucial role during the registration of property transactions in Vellalore. It is used to determine the stamp duty and registration fees payable, ensuring that these costs are calculated based on the official valuation of the property.

When buying or selling property, the guideline value is referenced to ensure compliance with local regulations and to facilitate a transparent transaction process. Buyers and sellers should be aware of the current guideline value to understand their financial obligations during the registration process.

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 has the guideline value changed over the years?

The guideline value has changed from Rs 200 per sq.ft in 2012 to Rs 134 per sq.ft in 2017, then to Rs 200 per sq.ft in 2023, and finally to Rs 220 per sq.ft in 2024.

What is the land classification for Anna Street?

Anna Street is classified as Residential Class II Type - III, which indicates its zoning for residential purposes.

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

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

Which office handles registrations for Anna Street?

The Singanallur Sub Registrar Office handles registrations for Anna Street, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.