Guideline Value for Annai Sathya Nagar (149/5)

Annai Sathya Nagar (149/5) guideline value

The current guideline value for Annai Sathya Nagar (149/5) is Rs 200 per sq.ft, effective from 1 July 2024. This property is located in Kanjikoil village under the Kavundapadi SRO, and it falls under the Residential Class III Type - V land classification.

How the guideline value of Annai Sathya Nagar (149/5) has changed

The guideline value for Annai Sathya Nagar (149/5) has seen significant changes over the years. In the 2007 revision, the value was Rs 15 per sq.ft, which increased to Rs 50 per sq.ft in 2012. However, it then decreased to Rs 33 per sq.ft in 2017, before rising dramatically to Rs 200 per sq.ft in both the 2023 and 2024 revisions. It is important to note that the register has no figures for this street for the years 2002 and 2003.

From 2017 to 2023, the increase was +506%, while from 2012 to 2017, it decreased by -34%. The increase from 2007 to 2012 was +233%. Overall, from 2007 to 2024, the guideline value has increased by +1233%.

Guideline values in Kanjikoil

In Kanjikoil, there are 50 streets under the Kavundapadi SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 326 per sq.ft, with a median value of Rs 226 per sq.ft. The guideline value for Annai Sathya Nagar (149/5) is below this median.

• Arayankadu (372/4,380/2,3,5): Rs 226 per sq.ft (2024)
• Arayankattu Street (372/4): Rs 226 per sq.ft (2024)
• Arrumaikarar Street (372/4): Rs 226 per sq.ft (2024)
• Avinashi lingapuram (234/4b): Rs 226 per sq.ft (2024)
• Ayyan Kovil Street (372/4): Rs 326 per sq.ft (2024)
• Ayyanvalasu road (372/4): Rs 226 per sq.ft (2024)

Stamp duty and registration fee for property in Annai Sathya Nagar (149/5)

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total to Rs 18,000. It is essential to note that the duty is charged on the higher of the guideline value or the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Annai Sathya Nagar (149/5)?

The Sub Registrar Office that covers Annai Sathya Nagar (149/5) is the Kavundapadi Sub Registrar Office, located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Kanjikoil. It serves as a benchmark for determining the stamp duty and registration fees payable at the time of registration.

When a property is sold, the buyer must pay the stamp duty based on the higher value between the guideline value and the sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Annai Sathya Nagar (149/5)?

The current guideline value of Annai Sathya Nagar (149/5) is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased significantly from Rs 15 per sq.ft in 2007 to Rs 200 per sq.ft in 2024, reflecting an overall increase of +1233% over the years.

What is the land classification of Annai Sathya Nagar (149/5)?

Annai Sathya Nagar (149/5) is classified as Residential Class III Type - V.

Where can I find the Sub Registrar Office for Annai Sathya Nagar (149/5)?

The Sub Registrar Office for Annai Sathya Nagar (149/5) is the Kavundapadi Sub Registrar Office, located at Marutham Nagar Bye-pass Road, Kavundapadi, 638455, Coimbatore registration zone.

How is stamp duty calculated for properties in Kanjikoil?

Stamp duty for properties in Kanjikoil is calculated based on the higher of the guideline value or the sale price. The current rate is 7% for stamp duty and 2% for registration fees.