Guideline Value for Annai Sandhiya Nagar

Annai Sandhiya Nagar guideline value

The current guideline value of Annai Sandhiya Nagar is Rs 1,001 per sq.ft, effective from 1 July 2024. This locality is situated in Uppilipalayam village, under the jurisdiction of the Singanallur SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Annai Sandhiya Nagar has changed

Over the years, the guideline value of Annai Sandhiya Nagar has seen several revisions. The 2012 revision set the value at Rs 875 per sq.ft, which then decreased to Rs 586 per sq.ft in the 2017 revision. Following this, there was a significant increase to Rs 1,000 per sq.ft in 2023, and the latest revision in 2024 has set the value at Rs 1,001 per sq.ft. The register has no figures for the years 2002, 2003, and 2007 for this street.

In terms of percentage changes, from 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value increased by 71%. Overall, from 2012 to 2024, the guideline value has increased by 14%.

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, placing Annai Sandhiya Nagar's 2024 figure below that median.

• Annai Maria Appartments: Rs 2,016 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)
• Anna nagar(N K palayam): Rs 1,232 per sq.ft (2024)
• Anna Nagar(peelamedu): Rs 1,680 per sq.ft (2024)

Stamp duty and registration fee for property in Annai Sandhiya Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,001 per sq.ft, the total guideline value would be 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 cost for these fees to Rs 90,090. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more details on fees applicable.

Which Sub Registrar Office covers Annai Sandhiya Nagar?

The Sub Registrar Office that covers Annai Sandhiya Nagar 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 in the registration process of property transactions in Uppilipalayam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property in the area.

When a property is sold, the guideline value is used to calculate the applicable fees, ensuring that both the buyer and seller adhere to the regulatory requirements set by the local authorities. This helps maintain transparency and standardization in property transactions.

Frequently asked questions

What is the current guideline value of Annai Sandhiya Nagar?

The current guideline value of Annai Sandhiya 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 seen several revisions, with the most recent being Rs 1,001 per sq.ft in 2024, a slight increase from Rs 1,000 per sq.ft in 2023. From 2012 to 2017, the value decreased by 33%, but it increased by 71% from 2017 to 2023.

What is the land classification of Annai Sandhiya Nagar?

Annai Sandhiya Nagar is classified as Residential Class II Type - I, indicating its suitability for residential development.

What are the stamp duty and registration fees for property transactions?

For a property valued at 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, totaling Rs 90,090. These fees are based on the guideline value or the sale price, whichever is higher.

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

The Singanallur Sub Registrar Office is located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. This office handles the registration of properties in Annai Sandhiya Nagar.