Guideline Value for Anna padhi

Anna padhi guideline value

The current guideline value for Anna padhi in Kumarapalayam village is Rs 1,550 per sq.ft, effective from 1 July 2024. This property falls under the Coimbatore South Joint 1 SRO and is classified as Residential Class I Type - I.

How the guideline value of Anna padhi has changed

The guideline value for Anna padhi has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 1,550 per sq.ft, up from Rs 1,400 per sq.ft in the 2023 revision, marking an increase of 11%. Prior to 2023, there are no figures available for this street in the register for the years 2017, 2012, 2007, 2003, and 2002.

In summary, the guideline value has increased from Rs 1,400 per sq.ft in 2023 to Rs 1,550 per sq.ft in 2024. The previous revisions do not have any figures listed for Anna padhi, indicating a lack of recorded changes for those years.

Guideline values in Kumarapalayam

Kumarapalayam village has a total of 290 streets under the Coimbatore South Joint 1 SRO, with the 2024 guideline values ranging from Rs 1,000 to Rs 2,750 per sq.ft. The median guideline value in this area is Rs 1,001 per sq.ft, placing Anna padhi's 2024 figure above that median.

• Anna Pandhidurai: Rs 1,003 per sq.ft (2024)
• Anna Street: Rs 1,550 per sq.ft (2024)
• Aranganayagam Nagar Cross Street No.1: Rs 1,002 per sq.ft (2024)
• Aranganayagam Nagar Cross Street No.2: Rs 1,002 per sq.ft (2024)
• Aranganayagam Nagar Cross Street No.3: Rs 1,002 per sq.ft (2024)
• Aranganayagam Nagar Cross Street No.4: Rs 1,002 per sq.ft (2024)

Stamp duty and registration fee for property in Anna padhi

For a 1,000 sq.ft plot at the current guideline value of Rs 1,550 per sq.ft, the total guideline value would be Rs 15,50,000. The stamp duty, charged at 7%, would amount to Rs 1,08,500, while the registration fee at 2% would be Rs 31,000. Together, these fees would total Rs 1,39,500. 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 padhi?

The Anna padhi area is covered by the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. For further details, you can find your SRO.

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

The guideline value is a crucial factor in the registration process of property transactions in Kumarapalayam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is documented at a fair value as per the local regulations.

When buying or selling property, the guideline value will influence the stamp duty and registration fees that need to be paid. Buyers should be aware that these costs are calculated based on the higher of the guideline value or the actual sale price, which can significantly affect the total expenses involved in the transaction.

Frequently asked questions

What is the current guideline value for Anna padhi?

The current guideline value for Anna padhi is Rs 1,550 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

The guideline value increased from Rs 1,400 per sq.ft in 2023 to Rs 1,550 per sq.ft in 2024, which is an increase of 11%.

What is the classification of land in Anna padhi?

Anna padhi is classified as Residential Class I Type - I under the Coimbatore South Joint 1 SRO.

Where can I find the Sub Registrar Office for Anna padhi?

The Sub Registrar Office covering Anna padhi is located at No.410a, Raja Street, Coimbatore-641001.

How are stamp duty and registration fees calculated?

Stamp duty is calculated at 7% of the guideline value or sale price, whichever is higher, while the registration fee is 2% of the same. For example, a 1,000 sq.ft plot at the guideline value of Rs 15,50,000 incurs total fees of Rs 1,39,500.