Guideline Value for Annai Maria Appartments

Annai Maria Appartments guideline value

The current guideline value of Annai Maria Appartments is Rs 2,016 per sq.ft, effective from 1 July 2024. This property is located in Uppilipalayam village under the Singanallur SRO, classified as Residential Special Type - II.

How the guideline value of Annai Maria Appartments has changed

The guideline value for Annai Maria Appartments has seen several revisions over the years. In 2012, the value was set at Rs 1,800 per sq.ft, which then decreased to Rs 1,206 per sq.ft in 2017. Following this, the value increased significantly to Rs 1,800 per sq.ft in 2023, and most recently to Rs 2,016 per sq.ft in 2024, marking a 12% increase from the previous year.

From 2012 to 2017, there was a decrease of 33%, but from 2017 to 2023, the value rose by 49%. Overall, comparing the figures from 2012 to 2024, there has been an increase of 12%. The revisions for the years 2002, 2003, and 2007 have no figures listed for this street.

Guideline values in Uppilipalayam

In Uppilipalayam, there are 361 streets under the Singanallur SRO that carry a 2024 guideline value ranging from Rs 1,001 to Rs 6,160 per sq.ft. The median value for these streets is Rs 1,232 per sq.ft, and the guideline value for Annai Maria Appartments is above this median.

• Annai Sandhiya Nagar: Rs 1,001 per sq.ft (2024)
• Annai Thresa Street: Rs 1,003 per sq.ft (2024)
• Anna nagar: Rs 1,232 per sq.ft (2024)
• Angammal layout: Rs 1,120 per sq.ft (2024)
• Andal Street 1,2: Rs 1,232 per sq.ft (2024)
• Andal Nagar: Rs 1,120 per sq.ft (2024)

Stamp duty and registration fee for property in Annai Maria Appartments

For a 1,000 sq.ft plot at the current guideline value of Rs 2,016 per sq.ft, the total guideline value would be Rs 20,16,000. The stamp duty at 7% would amount to Rs 1,41,120, while the registration fee at 2% would be Rs 40,320, bringing the total to Rs 1,81,440. 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 Maria Appartments?

The Sub Registrar Office covering Annai Maria Appartments is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Uppilipalayam. It serves as a benchmark for determining the stamp duty and registration fees that are applicable when buying or selling property.

Frequently asked questions

What is the current guideline value of Annai Maria Appartments?

The current guideline value of Annai Maria Appartments is Rs 2,016 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,800 per sq.ft in 2012 to Rs 1,206 per sq.ft in 2017, then increased to Rs 1,800 per sq.ft in 2023, and finally to Rs 2,016 per sq.ft in 2024.

What is the land classification for Annai Maria Appartments?

Annai Maria Appartments is classified as Residential Special Type - II, which indicates its intended use and development potential within the area.

Where can I find the Sub Registrar Office for Annai Maria Appartments?

The Sub Registrar Office for Annai Maria Appartments is located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone.

How is the stamp duty calculated for properties in Annai Maria Appartments?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a 1,000 sq.ft plot at the current guideline value would incur a total stamp duty and registration fee of Rs 1,81,440.