Guideline Value for Anna nagar

Anna nagar guideline value

The current guideline value of Anna nagar is Rs 336 per sq.ft, effective from 1 July 2024. This area is located in Kannampalayam village, under the Sulur SRO, and is classified as Residential Class II Type - I.

How the guideline value of Anna nagar has changed

The guideline value for Anna nagar has seen significant changes over the years. In the 2007 revision, the value was Rs 35 per sq.ft, which rose dramatically to Rs 300 per sq.ft in 2012, marking an increase of 757%. However, in the 2017 revision, the value decreased to Rs 201 per sq.ft, a drop of 33%. The 2023 revision set the value at Rs 300 per sq.ft, and the most recent 2024 revision increased it to Rs 336 per sq.ft, reflecting a rise of 12%.

Overall, from 2007 to 2024, the guideline value has increased by 860%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Kannampalayam

Kannampalayam village has a total of 114 streets under the Sulur SRO, with guideline values ranging from Rs 224 to Rs 1,800 per sq.ft. The median guideline value is Rs 336 per sq.ft, which is the same as the current value for Anna nagar.

• Appachi Gounder Street: Rs 224 per sq.ft (2024)
• Aruljothi Nagar: Rs 448 per sq.ft (2024)
• Amarothi Nagar: Rs 448 per sq.ft (2024)
• Amarjothi Puvaneswari Nagar: Rs 224 per sq.ft (2024)
• Amarjothi nagar north side: Rs 224 per sq.ft (2024)
• Arunachal Boyar Street: Rs 448 per sq.ft (2024)

Stamp duty and registration fee for property in Anna nagar

For a 1,000 sq.ft plot at the current rate of Rs 336 per sq.ft, the guideline value would be Rs 3,36,000. The stamp duty at 7% would be Rs 23,520, and the registration fee at 2% would be Rs 6,720, bringing the total to Rs 30,240. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anna nagar?

The Sub Registrar Office that covers Anna nagar is the Sulur Sub Registrar Office, located at Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor in property transactions in Kannampalayam. It serves as a benchmark for determining the minimum value at which a property can be registered. Buyers and sellers should be aware that the guideline value can influence the overall cost of registration, including stamp duty and registration fees.

When a property is bought or sold, the guideline value is used to calculate the applicable fees. It is crucial to ensure that the sale price is at least equal to the guideline value to avoid any legal issues during the registration process.

Frequently asked questions

What is the current guideline value of Anna nagar?

The current guideline value of Anna nagar is Rs 336 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 35 per sq.ft in 2007 to Rs 336 per sq.ft in 2024, reflecting an overall increase of 860% over this period.

What is the median guideline value in Kannampalayam?

The median guideline value in Kannampalayam is Rs 336 per sq.ft, which is the same as the current guideline value for Anna nagar.

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

The stamp duty is 7% and the registration fee is 2%. For a 1,000 sq.ft plot at the current guideline value, the total fees would amount to Rs 30,240.

Where is the Sub Registrar Office for Anna nagar located?

The Sulur Sub Registrar Office is located at Old.no.113, 114 New No.423 Tiruchy Road, Sulur - 641402, Coimbatore registration zone.