Guideline Value for Annai Indra Nagar

Annai Indra Nagar guideline value

The current guideline value of Annai Indra Nagar is Rs 1,001 per sq.ft, effective from 1 July 2024. This area is located in Kumarapalayam village under the Coimbatore South Joint 1 SRO, classified as Residential Class I Type - III.

How the guideline value of Annai Indra Nagar has changed

The guideline value for Annai Indra Nagar has seen several revisions over the years. The register does not contain figures for the years 2002, 2003, 2007, 2012, and 2017. The most recent revision in 2024 set the guideline value at Rs 1,001 per sq.ft, an increase from Rs 1,000 per sq.ft in the 2023 revision, indicating a change of +0%.

Prior to the 2023 revision, the register has no figures for the aforementioned years. Therefore, the only recent changes are between the 2023 and 2024 revisions, where the value remained consistent at Rs 1,001 per sq.ft.

Guideline values in Kumarapalayam

Kumarapalayam has a total of 290 streets under the Coimbatore South Joint 1 SRO with 2024 guideline values ranging from Rs 1,000 to Rs 2,750 per sq.ft. The median value for these streets is Rs 1,001 per sq.ft, placing Annai Indra Nagar's current guideline value at the median.

• Anna padhi: Rs 1,550 per sq.ft (2024)
• Anna Pandhidurai: Rs 1,003 per sq.ft (2024)
• Anna Street: Rs 1,550 per sq.ft (2024)
• Ammulu Nagar Cross Street No.5: Rs 1,001 per sq.ft (2024)
• Ammulu Nagar Cross Street No.4: Rs 1,001 per sq.ft (2024)
• Ammulu Nagar Cross Street No.3: Rs 1,001 per sq.ft (2024)

Stamp duty and registration fee for property in Annai Indra Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,001 per sq.ft, the total guideline value amounts to Rs 10,01,000. The stamp duty at 7% would be Rs 70,070, and the registration fee at 2% would be Rs 20,020, bringing the total to Rs 90,090. It is important to note that the 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 Annai Indra Nagar?

The Sub Registrar Office that covers Annai Indra Nagar is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. To find your SRO, you can visit find your SRO.

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

The guideline value is an essential factor during property transactions in Kumarapalayam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Annai Indra Nagar?

The current guideline value of Annai Indra Nagar is Rs 1,001 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 1,000 per sq.ft in 2023 and increased to Rs 1,001 per sq.ft in 2024, showing a change of +0%.

What is the land classification for Annai Indra Nagar?

Annai Indra Nagar is classified as Residential Class I Type - III.

Where is the Sub Registrar Office for Annai Indra Nagar located?

The Sub Registrar Office for Annai Indra Nagar is located at No.410a, Raja Street, Coimbatore-641001.

How is the stamp duty calculated for properties in Annai Indra Nagar?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 10,01,000 would incur a stamp duty of Rs 70,070 at 7%.