Guideline Value for Anna Street

Anna Street guideline value

The current guideline value of Anna Street in Vadavalli village is Rs 1,000 per sq.ft, effective from 1 July 2024. This street falls under the Vadavalli Sub Registrar Office (SRO) and is classified as Residential Class I Type - II.

How the guideline value of Anna Street has changed

In the 2007 revision, the guideline value for Anna Street was Rs 125 per sq.ft. This figure increased significantly to Rs 800 per sq.ft in the 2012 revision, marking a rise of 540%. However, in the 2017 revision, the value decreased to Rs 536 per sq.ft, reflecting a decline of 33%. The guideline value then increased to Rs 1,000 per sq.ft in the 2023 revision, showing an increase of 87% from the previous revision. The current value remains unchanged at Rs 1,000 per sq.ft from the 2023 to the 2024 revision.

The register has no figures for the years 2002 and 2003 for Anna Street. Overall, from 2007 to 2024, the guideline value has increased by 700%.

Guideline values in Vadavalli

In Vadavalli, there are 461 streets under the Vadavalli SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 2,200 per sq.ft, with a median value of Rs 1,100 per sq.ft. Anna Street's 2024 figure is below this median.

• A.P.Gardens: Rs 1,005 per sq.ft (2024)
• Anna Nagar: Rs 1,004 per sq.ft (2024)
• Annai Velangani Nagar: Rs 1,100 per sq.ft (2024)
• Arijana Colony: Rs 1,006 per sq.ft (2024)
• Annai Indira Nagar: Rs 1,001 per sq.ft (2024)
• Aringar Anna Co-op Nagar: Rs 1,000 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 1,000 per sq.ft, the total guideline value would be Rs 10,00,000. The stamp duty at 7% would amount to Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total cost to Rs 90,000. Duty is charged on the guideline value or the sale price, whichever is higher. 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 Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046, in the Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor when registering property transactions in Vadavalli. It serves as a benchmark for calculating the stamp duty and registration fees that buyers must pay during the purchase process.

When selling property, the guideline value helps determine the minimum sale price that should be declared for registration. This ensures that all transactions are recorded accurately and fairly according to the established rates.

Frequently asked questions

What is the current guideline value of Anna Street?

The current guideline value of Anna Street is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several changes, starting from Rs 125 per sq.ft in 2007 to Rs 1,000 per sq.ft in 2024, marking an overall increase of 700% over this period.

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

For a property valued at Rs 10,00,000 on Anna Street, the stamp duty would be Rs 70,000 and the registration fee would be Rs 20,000, totaling Rs 90,000. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles registrations for Anna Street?

The Vadavalli Sub Registrar Office handles registrations for Anna Street, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.

What is the land classification for Anna Street?

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