Guideline Value

Corporate

Guideline Value for Annai Indra Nagar

₹220/sq.ft.

The guideline value for Annai Indra Nagar in Narasimmanaickenpalayam village (Periyanayakkan Palayam SRO, Coimbatore zone) is Rs 220 per sq.ft, effective 1 July 2024. It was Rs 200 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - V. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Narasimmanaickenpalayam

Village

Periyanayakkan Palayam

SRO

Residential Class III Type - V
History
Period Guideline Value
From 1-7-2024 ₹220 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹121 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹180 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.171,kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020
0422-2469010
[email protected]

DRO (District Registrar Office)

District Registara Office, Syriyan Church Road, Corporation Marriage Hall, Coimbatore -641001
0422-2300722
[email protected],[email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Annai Indra Nagar

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Annai Indra Nagar guideline value

The current guideline value of Annai Indra Nagar is Rs 220 per sq.ft, effective from 1 July 2024. This area is located in Narasimmanaickenpalayam village under the Periyanayakkan Palayam SRO, classified as Residential Class III Type - V.

How the guideline value of Annai Indra Nagar has changed

The guideline value for Annai Indra Nagar has undergone several revisions over the years. The earliest recorded figure is from 2012, which was Rs 180 per sq.ft. This increased to Rs 121 per sq.ft in 2017, marking a decrease of 33%. However, from 2017 to 2023, the value saw a significant increase of 65%, reaching Rs 200 per sq.ft. The latest revision in 2024 has set the guideline value at Rs 220 per sq.ft, reflecting a 10% increase from the previous year.

It is important to note that there are no recorded figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 22%.

Guideline values in Narasimmanaickenpalayam

Narasimmanaickenpalayam has a total of 153 streets under the Periyanayakkan Palayam SRO, with 2024 guideline values ranging from Rs 220 to Rs 1,340 per sq.ft. The median value for these streets is Rs 310 per sq.ft, placing Annai Indra Nagar's 2024 figure below this median.

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 220 per sq.ft, the total guideline value amounts to Rs 2,20,000. The stamp duty, charged at 7%, would be Rs 15,400, while the registration fee at 2% would be Rs 4,400, bringing the total fees to Rs 19,800. 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 Indra Nagar?

The Sub Registrar Office covering Annai Indra Nagar is the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, in the Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Narasimmanaickenpalayam. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives appropriate revenue based on the property's value.

Frequently asked questions

What is the current guideline value of Annai Indra Nagar?

The current guideline value of Annai Indra Nagar is Rs 220 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several changes, starting from Rs 180 per sq.ft in 2012 to Rs 220 per sq.ft in 2024, with notable increases and decreases in between.

What is the median guideline value in Narasimmanaickenpalayam?

The median guideline value for streets in Narasimmanaickenpalayam is Rs 310 per sq.ft, with Annai Indra Nagar's value being below this median.

What are the stamp duty rates for property in Annai Indra Nagar?

The stamp duty rate for property transactions in Annai Indra Nagar is 7%, while the registration fee is 2% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Annai Indra Nagar?

The Sub Registrar Office for Annai Indra Nagar is located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020. You can find more information by following the provided link.