Guideline Value for Annai Garden

Annai Garden guideline value

The current guideline value of Annai Garden in Thudiyalur village, under the Periyanayakkan Palayam SRO, is Rs 1,014 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class II Type - II.

How the guideline value of Annai Garden has changed

The guideline value for Annai Garden has seen several revisions over the years. In 2012, the guideline value was Rs 350 per sq.ft, which decreased to Rs 234 per sq.ft in 2017. Following this, there was a significant increase to Rs 1,000 per sq.ft in 2023, and the latest revision in 2024 has set it at Rs 1,014 per sq.ft, marking a 1% increase from the previous year.

Looking at the changes, the guideline value rose dramatically from Rs 234 per sq.ft in 2017 to Rs 1,000 per sq.ft in 2023, representing a 327% increase. The overall change from 2012 to 2024 is a notable increase of 190%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Thudiyalur

In Thudiyalur, there are 282 streets under the Periyanayakkan Palayam SRO with a 2024 guideline value ranging from Rs 1,001 to Rs 4,000 per sq.ft. The median guideline value for these streets is Rs 1,019 per sq.ft, placing Annai Garden's 2024 figure below that median.

• Annai Abirami Garden: Rs 1,014 per sq.ft (2024)
• Anna Colony: Rs 1,014 per sq.ft (2024)
• Annai Villa: Rs 1,014 per sq.ft (2024)
• Annamalai Garden: Rs 1,018 per sq.ft (2024)
• Anantham Apartment: Rs 1,020 per sq.ft (2024)
• Amma Thottam: Rs 1,014 per sq.ft (2024)

Stamp duty and registration fee for property in Annai Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,014 per sq.ft, the total guideline value amounts to Rs 10,14,000. The stamp duty at 7% would be Rs 70,980, and the registration fee at 2% would be Rs 20,280, bringing the total fees together to Rs 91,260. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Annai Garden?

The Sub Registrar Office that covers Annai Garden is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Thudiyalur. It is used to determine the stamp duty and registration fees that need to be paid during the registration process. Buyers and sellers should be aware that these fees are calculated based on the guideline value or the sale price, whichever is higher.

When purchasing property, it is essential to consider the guideline value as it reflects the official valuation of the property. This value can influence the overall cost of buying or selling property in the area.

Frequently asked questions

What is the current guideline value of Annai Garden?

The current guideline value of Annai Garden is Rs 1,014 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2012, the guideline value has changed from Rs 350 per sq.ft to Rs 1,014 per sq.ft in 2024, reflecting an overall increase of 190%.

What is the land classification for Annai Garden?

Annai Garden is classified as Residential Class II Type - II under the guideline value register.

Where can I find the Sub Registrar Office for Annai Garden?

The Sub Registrar Office for Annai Garden is located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.

How is stamp duty calculated for property in Annai Garden?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value, the stamp duty would be Rs 70,980.