Guideline Value for Annai Ganga Nair Township 1 to 4

Annai Ganga Nair Township 1 to 4 guideline value

The current guideline value for Annai Ganga Nair Township 1 to 4 is Rs 165 per sq.ft. This property is located in Peedampalli village, under the Singanallur SRO, and is classified as Residential Class II Type - I.

How the guideline value of Annai Ganga Nair Township 1 to 4 has changed

The guideline value for Annai Ganga Nair Township 1 to 4 has seen several revisions over the years. The 2012 revision set the value at Rs 150 per sq.ft, which was followed by a decrease to Rs 100 per sq.ft in the 2017 revision. The 2023 revision increased the value to Rs 150 per sq.ft, and the most recent 2024 revision raised it further to Rs 165 per sq.ft, marking a 10% increase from the previous year.

In terms of percentage changes, the value increased by 50% from 2017 to 2023. However, there was a decrease of 33% from 2012 to 2017. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Peedampalli

In Peedampalli, there are 156 streets under the Singanallur SRO, with guideline values ranging from Rs 110 to Rs 1,050 per sq.ft. The median value is Rs 165 per sq.ft, which is equal to the current guideline value for Annai Ganga Nair Township 1 to 4.

• Annai Gardens: Rs 440 per sq.ft (2024)
• Annai Surya Nagar: Rs 110 per sq.ft (2024)
• Anna Nagar / Street: Rs 165 per sq.ft (2024)
• Amman Sakthi Nagar: Rs 220 per sq.ft (2024)
• Amman Nagar: Rs 220 per sq.ft (2024)
• Adithya Gardens: Rs 220 per sq.ft (2024)

Stamp duty and registration fee for property in Annai Ganga Nair Township 1 to 4

For a 1,000 sq.ft plot at the current rate of Rs 165 per sq.ft, the guideline value would be Rs 1,65,000. The stamp duty at 7% would amount to Rs 11,550, and the registration fee at 2% would be Rs 3,300, totaling Rs 14,850. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Annai Ganga Nair Township 1 to 4?

The Sub Registrar Office that covers Annai Ganga Nair Township 1 to 4 is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Peedampalli. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.

Frequently asked questions

What is the current guideline value for Annai Ganga Nair Township 1 to 4?

The current guideline value for Annai Ganga Nair Township 1 to 4 is Rs 165 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 150 per sq.ft in 2012 to Rs 100 per sq.ft in 2017, then to Rs 150 per sq.ft in 2023, and finally to Rs 165 per sq.ft in 2024.

What is the land classification for Annai Ganga Nair Township 1 to 4?

The land classification for Annai Ganga Nair Township 1 to 4 is Residential Class II Type - I.

Which Sub Registrar Office is responsible for this area?

The Singanallur Sub Registrar Office is responsible for Annai Ganga Nair Township 1 to 4, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 1,65,000, the stamp duty would be Rs 11,550 at 7%.